Drawdown Purchases definition
Drawdown Purchases means the capital contributions made to the Fund to purchase Common Units pursuant to Section 5.2 from time to time by the Common Unitholders pursuant to a Drawdown Notice.
Drawdown Purchases means the capital contributions made to the Fund to purchase Shares pursuant to Section 7.2 from time to time by the Shareholders pursuant to a Drawdown Notice.
Drawdown Purchases means the capital contributions made to the Fund to purchase Common Units pursuant to Section 5.2 from time to time by the Common Unitholders pursuant to a Drawdown Notice. “Drawdown Unit Amount” shall have the meaning set forth in Section 5.2. “Electronic Signature” shall have the meaning set forth in Section 13.2. “ERISA” shall mean the U.S. Employee Retirement Income Security Act of 1974, as amended from time to time. “Event of Dissolution” shall have the meaning set forth in Section 11.1. “Excess Organizational and Offering Expenses” shall mean the amount of Organizational and Offering Expenses (other than Placement Fees, except any fees and expenses and any interest on deferred fees charged by any locally licensed intermediary or distributor that the Fund, the Adviser or an Affiliate thereof is required to engage in order to offer Units in particular jurisdictions) in excess of, at the end of the Closing Period, the lesser of: (i) $2.0 million or (ii) 0.25% of the Aggregate Committed Capital. “Excess Specified Expenses” shall mean the amount of Specified Expenses payable by the Fund for any calendar year in excess of the Specified Expenses Cap (giving effect to the adjustment in the last sentence of the definition of Specified Expenses Cap in the calendar year in which the Closing Period ends). “Exchange Act” shall mean the U.S. Securities Exchange Act of 1934, as amended from time to time, and the rules and regulations of the Securities and Exchange Commission promulgated thereunder. “Excluded Investor” shall have the meaning set forth in Section 5.4. “Executive Advisory Council” shall have the meaning set forth in Section 2.8(a). “FATCA” shall mean Sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code, any intergovernmental agreements, treaties or conventions entered into in connection with the implementation of such Sections, and any laws, rules, guidance notes and practices adopted by a non-U.S. jurisdiction to effect any such intergovernmental agreement or any similar provisions of non-U.S. law (including, for the avoidance of doubt, any law that implements any such agreement or that implements the Organization for Economic Co-operation and Development’s Common Reporting Standard). “Fiscal Year” shall mean the fiscal year of the Fund, as determined pursuant to Section 1.5. “Follow-On Investment” shall mean an investme...
Examples of Drawdown Purchases in a sentence
Shareholders who entered into a Subscription Agreement with the Fund earliest will be first required to make Drawdown Purchases.