Feeder Fund definition

Feeder Fund. A Limited Partner that is formed by the General Partner or its Affiliates to serve as a vehicle which will invest all or substantially all of its investable assets in the Partnership.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Feeder Fund means a Sub-Fund which invests all or substantially all of its assets in securities which are units or sub-units in a unit trust scheme or participations in a mutual fund or other interests in a collective investment scheme which is managed or advised by the Managers or any Associate of the Managers and whose investment policy is the same or substantially the same as such Sub-Fund.

Feeder Fund means a mutual fund that conducts more than 51% of its investing in a master fund either directly or through an intermediary entity;

Examples of Feeder Fund in a sentence

• As set forth in the applicable Feeder Fund Acknowledgment and Confirmation, each Feeder Fund will require that Investors in such Feeder Fund wire transfer to such Feeder Fund’s Collateral Account all monies or sums paid or to be paid by the Investors pursuant to Capital Calls.

• In addition, each of the applicable Borrowers shall and, pursuant to the related Feeder Fund Acknowledgment and Confirmation or the related Blocker Acknowledgment and Confirmation, as applicable, the related Feeder Fund or Blocker, as applicable, will, promptly deposit into the applicable Collateral Account any payments and monies that any such Credit Party receives directly from Investors as Capital Contributions.

• The Administrative Agent shall have received from the Feeder Fund or Blocker, as applicable, a signed certificate of a Responsible Officer of such Feeder Fund or Blocker which shall certify the names of the Persons authorized to sign the Loan Documents to be delivered pursuant to the terms hereof by such Feeder Fund or Blocker, as applicable, together with the true signatures of each such Person.

• Upon the satisfaction of the requirements of this Section 6.5 described above, the Feeder Fund or Blocker, as applicable, shall be deemed to be a Feeder Fund or Blocker, as applicable, under this Credit Agreement.

• The Administrative Agent shall have received such other information and documents in respect of such Feeder Fund or Blocker, as applicable, as may be required by the Administrative Agent and its counsel.

More Definitions of Feeder Fund

Feeder Fund means each Person identified as a “Feeder Fund” on a schedule to the joinder agreement pursuant to which any Borrower becomes a party to this Credit Agreement), as amended, restated, modified or supplemented from time to time.

Feeder Fund means a Sub-Fund which invests all or substantially all of its investments which are units or sub-units or participations in one underlying fund or underlying collective investment scheme and whose investment policy is the same or substantially the same as such Sub-Fund.

Feeder Fund means a certified fund or separate part of an umbrella fund that is –

Feeder Fund means an investment fund that conducts more than fifty- one per cent of its investing in a master fund either directly or through an intermediary entity;

Feeder Fund means a Fund which has been approved to invest at least 85% (or such other amount in line with the Central Bank’s requirements) of its Net Asset Value in shares of another investment fund.

Feeder Fund means Cheyne Managed Credit Fund I Inc;

Feeder Fund means any feeder fund that may be designated as such in the Prospectus or relevant Supplement;