Abort Fees definition

Abort Fees any fees or commissions of any description whatsoever received by the General Partner, Manager, any of their Associates and/or the Partnership in connection with proposed transactions by the Partnership which do not proceed to completion;
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Abort Fees means any fees or commissions of any description whatsoever in connection with the proposed transaction by the Partnership which do not complete;
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Examples of Abort Fees in a sentence

  • General Partner’s Share after expiry of Investment Period Y1 Y2 Y3 Y4 Y5 % per annum of Total Commitments (less the Acquisition Cost of any Prohibited Investments) [***]% [***]% [***]% [***]% [***]% The General Partner's Share in any Accounting Period shall be reduced by any Transaction Fees, Investment Related Fees, Abort Fees and Other Fees earned and retained by the General Partner, the Manager and any Associate of either of them during the previous Accounting Period net of any VAT related thereto.

  • Where the General Partner's Share is reduced to zero in any Accounting Period any Transaction Fees, Investment Related Fees, Abort Fees and Other Fees not applied in reduction of the General Partner's Share in such Accounting Period shall be carried forward and shall reduce the General Partner's Share in the next Accounting Period.