Carried Interest definition

Carried Interest means (i) “Carried Interest Distributions,” as defined in the BREP VII Partnership Agreement, and (ii) any other carried interest distribution to a Fund GP pursuant to any BREP VII Agreement. In the case of each of (i) and (ii) above, except as determined by the General Partner, the amount shall not be less any costs, fees and expenses of the Partnership with respect thereto and less reasonable reserves for payment of costs, fees and expenses of the Partnership that are anticipated with respect thereto (in each case which the General Partner may allocate among all or any portion of the GP-Related Investments as it determines in good faith is appropriate).

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Carried Interest means an equity interest in the Partnership issued to a Person without consideration, in the form of cash or tangible property, in an amount proportionately equivalent to that received from the Participants.

Carried Interest means a share in the profits of the AIF accrued to the AIFM as compensation for the management of the AIF and excluding any share in the profits of the AIF accrued to the AIFM as a return on any investment by the AIFM into the AIF;

Examples of Carried Interest in a sentence

Without limiting the generality of the foregoing, any such deferral may be implemented by distribution of Carried Interest amounts (including by way of distributions or redemptions in respect of Series A Units as set forth above) in the form of a note (which, for the avoidance of doubt, shall reduce the NAV of the Series A Units by the principal amount thereof).
In addition, the Series A Units will be allocated any accrued Carried Interest with respect to all Units as of the date of such termination as if such date of termination were the last Business Day of a calendar year.
Any such tax distributions shall reduce the NAV of the applicable Series at the time of the distribution (other than for purposes of determining Total Returns) and will reduce the amount of any future Carried Interest in respect of the applicable Series on a dollar-for-dollar basis.
Carried Interest accruals will be included in the NAV per Unit at which subscriptions and redemptions are effected.
For the avoidance of doubt, Series A Units shall not be allocated any Net Capital Appreciation or Net Capital Depreciation or otherwise participate in the performance of the Partnership other than in respect of the Carried Interest.

More Definitions of Carried Interest

Carried Interest means the aggregate distributions received by the General Partner pursuant to Sections 14.3.3 and 14.3.4 hereof and any distributions received by the General Partner with respect to such Sections pursuant to Section 14.5 (Tax Distributions).

Carried Interest has the meaning set forth in Section 4.07(c)(iii).

Carried Interest means (i) “Carried Interest,” as defined in the SP VIII Partnership Agreement, and (ii) any other carried interest distribution to a Fund GP pursuant to any SP VIII Agreement. In the case of each of (i) and (ii) above, except as determined by the General Partner, the amount shall not be less any costs, fees and expenses of the Partnership with respect thereto and less reasonable reserves for payment of costs, fees and expenses of the Partnership that are anticipated with respect thereto (in each case which the General Partner may allocate among all or any portion of the GP-Related Investments as it determines in good faith is appropriate).

Carried Interest means a share of the profits of a private equity fund that is due to the fund manager or general partner.

Carried Interest means (i) the Advisor’s right to receive distributions pursuant to Article VI.1(b) and

Carried Interest means any share of profits from an alternative investment vehicle that is distributed to a fund manager, general partner, or related parties, including allocations of alternative investment vehicle profits received by a fund manager in consideration of having waived fees that it might otherwise have been entitled to receive.

Carried Interest shall have the meaning specified in Section 8.2(a)(ii).