Allocated GP Fund Value definition
Allocated GP Fund Value means, with respect to a Continuing GP Investor and a corresponding Existing Partnership, the amount of the Fund Value applicable to such Existing Partnership that is allocable to such Continuing GP Investor, with such allocated amount calculated pursuant to and in accordance with the applicable provisions governing distributions in such Existing Partnership’s limited partnership agreement.
Examples of Allocated GP Fund Value in a sentence
Each Continuing GP Investor shall be issued a pro rata portion of the total issued and outstanding partnership interests of Feeder Fund based on the percentage obtained by dividing (i) the aggregate amount of such Continuing GP Investor’s Allocated GP Fund Value with respect to each of the applicable Existing Partnerships, by (ii) the Aggregate Fund Relative Value.