Carried Interest Sample Clauses

Carried Interest. In addition to the Advisory Fee payable by the Company, the Investment Adviser or an affiliate, acting as special member to Excelsior Private Markets Fund III (TI), LLC and Excelsior Private Markets Fund III (TE), LLC (each a feeder fund that invests directly or indirectly in the Company), shall receive a Carried Interest from each such feeder fund, in accordance with Section 8.2(a)(ii) of each such feeder fund’s Limited Liability Company Agreement (or any successor provision thereto), equal to 5% of distributions after the members of each such feeder fund have received a 125% return of all drawn commitments, with any such Carried Interest distribution accrued prior to the fourth anniversary of a feeder fund’s final closing to be retained until such date.
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Carried Interest. 10% of distributions, after the Company has distributed 125% of all drawn commitments to members of the Company.
Carried Interest. 11.1 On the Mandatory Conversion Date (as defined in the Amended and Restated OP Agreement), pursuant to Section 4.6 of the Amended and Restated OP Agreement, if there is a Carry Shortfall, the Operating Partnership will issue a certain number of Common Units to Xxxx-InfraREIT (as determined in accordance with Section 4.6 of the Amended and Restated OP Agreement) and cancel an equal number of Class A Units held by InfraREIT Inc. and, consistent with the Amended and Restated Charter, a certain number of the Class A Common Stock will be canceled (as determined in accordance with the Amended and Restated Charter), and, thereafter, all remaining shares of Class A Common Stock will convert to Common Stock.
Carried Interest. Thereafter, 75% to such Member and 25% to the Manager (such 25% to the Manager, the “Carried Interest”).
Carried Interest. The Carried Interest is the share of the Funds profits allocated to the General Partner (§ 3.1). On the last day of the Fiscal Year (§ 1.8), the General Partner collects Management Fees (§ 3.11) and Performance Allocation (§ 3.12) in a form of transferring the ownership of the Fund to the General Partner. If the General Partner sells any of the ownership, it is taxed as ordinary income (§ 7.7) if held for less than a year but taxed as long-term capital gains if held over a year. All profits made from Carried Interest are considered short term capital gains and are taxed as ordinary income.
Carried Interest. (i) Until such time as Payout occurs, Seller hereby agrees to pay all Applicable Costs for the Subject Wells which are attributable to Buyer as a result of its ownershix xx the Properties.
Carried Interest. In the case of Magnus, their working interest can fall to no less than 10%. At this point it is converted into a carried interest. FinMetal will have the right to buy Magnus' 10% carried interest by paying US $10 million to Magnus.
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Carried Interest. GSL shall carry MAB in an amount not to exceed the first $100 million of Project Costs for development of the Leases covered by each MAB/GSL Agreement. Provided, however, GSL shall advance to MAB on a monthly basis an amount not to exceed $100,000, which shall be credited against GSL’s obligation to carry MAB on the specified Project Costs pertaining to each MAB/GSL Agreement. The commencement of said monthly advance shall be specified in each MAB/GSL Agreement.
Carried Interest. In the case of Xxxxxx, their working interest can fall to no less than 10%. At this point it is converted into a carried interest. FinMetal will have the right to buy Xxxxxx' 10% carried interest by paying US $10 million to Xxxxxx.
Carried Interest. The parties acknowledge that there is an equivalent financial relationship between various levels of a Carried Interest and license fees and royalties. The parties agree to negotiate in respect of any Commercial Project in which the Company has a Carried Interest to assign a license fee and royalty equivalent to such Carried Interest, but if no agreement can be reached the Company’s reasonable determination thereof, in light of the evidence and arguments presented by the Investors, shall be final and binding on all parties.
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