Common use of Allocation of Net Capital Appreciation or Net Capital Depreciation Clause in Contracts

Allocation of Net Capital Appreciation or Net Capital Depreciation. (a) Any Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among the different series of Units pro rata in accordance with the relative Capital Accounts (determined prior to any year-to-date accrued Incentive Allocation) of each series at the beginning of such Accounting Period, after taking into account any contributions, distributions or redemptions as of the beginning of such Accounting Period.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC), Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

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Allocation of Net Capital Appreciation or Net Capital Depreciation. (a) Any At the end of each Accounting Period, each Capital Account of each Partner (including each General Partner) for such Accounting Period shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among the different series of Units pro rata in accordance with the relative Capital Accounts (determined prior proportion to any year-to-date accrued Incentive Allocation) of each series at the beginning of such Accounting Period, after taking into account any contributions, distributions or redemptions as of the beginning of such Accounting Periodtheir respective Partnership Percentages.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Trian Fund Management, L.P.), Limited Partnership Agreement (Trian Fund Management, L.P.)

Allocation of Net Capital Appreciation or Net Capital Depreciation. At the end of each Fiscal Period, each Capital Account of each Member (aincluding the Manager) Any for such Fiscal Period shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among the different series of Units pro rata in accordance with the relative to each Capital Accounts (determined prior to any year-to-date accrued Incentive Allocation) Account of each series at Member (including the beginning of Manager) in proportion to their respective Ownership Percentages for such Accounting Fiscal Period, after taking into account any contributions, distributions or redemptions as of the beginning of such Accounting Period.. ANNEX C

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Graham Alternative Investment Fund Ii LLC), Limited Liability Company Agreement (Graham Alternative Investment Fund Ii LLC)

Allocation of Net Capital Appreciation or Net Capital Depreciation. (a) Any At the end of each Accounting Period, the Capital Account of each Partner (including the General Partner) for such Accounting Period shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among to the different series of Units pro rata in accordance with the relative Capital Accounts (determined prior of all the Partners in proportion to any year-to-date accrued Incentive Allocation) of each series at the beginning of such Accounting Period, after taking into account any contributions, distributions or redemptions as of the beginning of such Accounting Periodtheir respective Partnership Percentages.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Nymagic Inc), Limited Partnership Agreement (Nymagic Inc)

Allocation of Net Capital Appreciation or Net Capital Depreciation. 4.1.2.1 At the end of each Fiscal Period, the Capital Account of a Partner (aincluding the General Partner) Any for such Fiscal Period shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among to the different series of Units pro rata in accordance with the relative Capital Accounts (determined prior to any year-to-date accrued Incentive Allocation) of each series at the beginning of such Accounting Period, after taking into account any contributions, distributions or redemptions as all of the beginning of such Accounting PeriodPartners (including the General Partner) in proportion to their respective Partnership Percentages.

Appears in 2 contracts

Samples: Third Point Reinsurance Ltd., Third Point Reinsurance Ltd.

Allocation of Net Capital Appreciation or Net Capital Depreciation. At the end of each Fiscal Period, each Capital Account of each Member (aincluding the Manager) Any for such Fiscal Period shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among the different series of Units pro rata in accordance with the relative to each Capital Accounts (determined prior to any year-to-date accrued Incentive Allocation) Account of each series at Member (including the beginning of Manager) in proportion to their respective Ownership Percentages for such Accounting Fiscal Period, after taking into account any contributions, distributions or redemptions as of the beginning of such Accounting Period.. ANNEX B

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Graham Alternative Investment Fund I LLC), Limited Liability Company Agreement (Graham Alternative Investment Fund I LLC)

Allocation of Net Capital Appreciation or Net Capital Depreciation. At the end of each Fiscal Period, each Capital Account of each Member (aincluding the Manager) Any for such Fiscal Period shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among the different series of Units pro rata in accordance with the relative to each Capital Accounts (determined prior to any year-to-date accrued Incentive Allocation) Account of each series at Member (including the beginning of Manager) in proportion to their respective Ownership Percentages for such Accounting Period, after taking into account any contributions, distributions or redemptions as of the beginning of such Accounting Fiscal Period.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Graham Alternative Investment Fund I LLC), Limited Liability Company Agreement (Graham Alternative Investment Fund Ii LLC)

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Allocation of Net Capital Appreciation or Net Capital Depreciation. (a) Any At the end of each Accounting Period, each Capital Account (including the General Partner's Capital Account) shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital DepreciationDepreciation for such Accounting Period, as the case may be, for an Accounting Period shall be allocated among to the different series of Units pro rata in accordance with the relative Capital Accounts of all the Partners (determined prior including the General Partner) in proportion to any year-to-date accrued Incentive Allocation) of each series at the beginning of such Accounting Period, after taking into account any contributions, distributions or redemptions as of the beginning of such Accounting Periodtheir respective Partnership Percentages.

Appears in 1 contract

Samples: Limited Partnership Agreement (Clinton Group Inc)

Allocation of Net Capital Appreciation or Net Capital Depreciation. 1. At the end of each Fiscal Period, the Capital Account of a Partner (aincluding the General Partner) Any for such Fiscal Period shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among to the different series of Units pro rata in accordance with the relative Capital Accounts (determined prior to any year-to-date accrued Incentive Allocation) of each series at the beginning of such Accounting Period, after taking into account any contributions, distributions or redemptions as all of the beginning of such Accounting PeriodPartners (including the General Partner) in proportion to their respective Partnership Percentages.

Appears in 1 contract

Samples: Third Point Reinsurance Ltd.

Allocation of Net Capital Appreciation or Net Capital Depreciation. (a) Any Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among the different series of Units Members pro rata in accordance with the relative Capital Accounts (determined prior to any year-to-date accrued Incentive Allocation) of each series at the beginning of such Accounting Period, after taking into account adjustment for any contributionsCapital Contributions, distributions or and redemptions as of the beginning of such Accounting Period.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Goldman Sachs Hedge Fund Partners LLC)

Allocation of Net Capital Appreciation or Net Capital Depreciation. 4.1.3.1 At the end of each Fiscal Period, the Capital Account of a Partner (aincluding the General Partner) Any for such Fiscal Period shall be adjusted by crediting (in the case of Net Capital Appreciation) or debiting (in the case of Net Capital Depreciation) the Net Capital Appreciation or Net Capital Depreciation, as the case may be, for an Accounting Period shall be allocated among to the different series of Units pro rata in accordance with the relative Capital Accounts (determined prior to any year-to-date accrued Incentive Allocation) of each series at the beginning of such Accounting Period, after taking into account any contributions, distributions or redemptions as all of the beginning of such Accounting PeriodPartners (including the General Partner) in proportion to their respective Partnership Percentages.

Appears in 1 contract

Samples: SiriusPoint LTD

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