Fund Percentage definition

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Fund Percentage means, as to any Member, the percentage that such Member’s Capital Commitment bears to the aggregate Capital Commitments of all Partners; provided, however, that (i) Fund Percentages shall be recomputed to take into account the admission or withdrawal of a Member or the transfer by a Member of all or a part of its interest in the Fund, and (ii) upon the adjustment of the Members’ Capital Accounts in accordance with paragraph 4.1(a), the Fund Percentages of each Member shall be adjusted to equal the percentage that such Member’s Capital Account balance bears to the aggregate Capital Account balances of all Members immediately following the operation of paragraph 4.1(a).‌‌

Fund Percentage means, with respect to each Limited Partner for an Accounting Period, such Limited Partner’s Opening Capital Account for the Accounting Period, divided by the sum of the Opening Capital Accounts of all Limited Partners for that Accounting Period. The sum of the Fund Percentages shall equal 100%.

Examples of Fund Percentage in a sentence

Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses").
However, if the General Partner determines that any increase or decrease in Fund NAV is not attributable to a particular Class, the item shall be allocated among all Capital Accounts according to the Fund Percentage of each Capital Account.
If the Bargaining Unit Market Position is less than 115.0%, the Salary Adjustment Fund Percentage will be set to the lower of a) the difference between 115.0% and the Bargaining Unit Market Position or b) the Compensation Pool Percentage.
If the Salary Adjustment Fund Percentage is less than the Compensation Pool Percentage, the difference becomes the Lump Sum Award Percentage.
The Consumer Plan of Distribution will provide that the Consumer Class Settlement Amount (plus interest earned in the Consumer Class Escrow Account, less allowed costs and expenses) shall be allocated among the Settling States based upon the Applicable State Consumer Fund Percentage.
Up to $1,450,000 ($725,000 from the Consumer Class Escrow Account, drawn from its subaccounts in accordance with the Applicable State Consumer Fund Percentage; and $725,000 from the Commercial Class Escrow Account, drawn from its subaccounts in accordance with the Applicable State Commercial Fund Percentage) shall be available immediately upon Preliminary Approval to pay such Notice Costs and administrative expenses as may be approved by the MDL Court.
In accordance with the Delaware Act and without any further action being necessary, effective as of the time of the Merger, each person who immediately prior to the Merger was a partner of the Partnership is hereby automatically bound by this Agreement and admitted to the Fund as a Member having a Fund Percentage identical to the percentage in the Partnership that was established on the Partnership's books for such person immediately prior to the Merger.
Fund Investors holding more than of the outstanding Fund Percentage Interests (excluding any Fund Percentage Interests held by the Fund Operators, any of their respective Affiliates or any Mesa West Parties) may elect to dissolve the Fund by delivering written notice of such election to the General Partner.
The Subscriber agrees that such waiver shall be irrevocable and that the Subscriber shall not exercise any voting rights with respect to its Fund Percentage in excess of such specified percentage.
If the Investment Manager pays any amount of the Fund Percentage (as hereinafter defined) of any demand made by a Initial Purchaser Indemnified Party pursuant to the proviso in the immediately preceding sentence, the Investment Manager shall have the right to recover such amount from the Fund and such payment shall in no way limit any claim the Investment Manager may have against the Fund for such amount, whether in law or at equity.

More Definitions of Fund Percentage

Fund Percentage means, with respect to each Limited Partner and each Valuation Date, the fraction the numerator of which is the Net Asset Value of such Limited Partner’s Capital Account as of such Valuation Date and the denominator of which is the Net Asset Value of the Fund as of such Valuation Date, in each case determined without reduction for any Carried Interest not yet allocated. The sum of all Fund Percentages determined as of any Valuation Date shall equal 100%. Notwithstanding the foregoing, for voting purposes, a Limited Partner may waive its right to vote all or part of its Fund Percentage as set forth in Section 11.8.

Fund Percentage means with respect to any Fund (other than Pinnacle, KPV, Redmile, Deerfield, Rock Springs and Permal) at any time, (x) the number of Common Share Equivalents owned by such Fund at such time divided by (y) the number of Common Share Equivalents (as adjusted for stock splits, stock dividends and the like) owned by such Fund as of immediately after the closing of the transactions contemplated by the Series A Preferred Stock Purchase Agreement on March 28, 2008; provided, however, that with respect to Pinnacle, the term “Fund Percentage” means at any time, (x) the number of Common Share Equivalents owned by Pinnacle at such time divided by (y) the number of Common Share Equivalents (as adjusted for stock splits, stock dividends and the like) owned by Pinnacle as of immediately following the closing of the transactions contemplated by the Series C Preferred Stock Purchase Agreement dated June 30, 2010 (the “Series C Financing”); and provided, further, that with respect to each of KPV and Redmile, the term “Fund Percentage” means at any time, (x) the number of Common Share Equivalents owned by KPV or Redmile, as applicable, at such time divided by (y) the number of Common Share Equivalents (as adjusted for stock splits, stock dividends and the like) owned by KPV or Redmile, as applicable, as of immediately following the closing of all transactions contemplated by the Series D Purchase Agreement dated June 1, 2012 (the “Series D Financing”); and, provided, further, that with respect to Deerfield, Rock Springs and Permal the term “Fund Percentage” means at any time, (x) the number of Common Share Equivalents owned by Deerfield, Rock Springs and Permal, as applicable, at such time divided by (y) the number of Common Share Equivalents (as adjusted for stock splits, stock dividends and the like) owned by Deerfield, Rock Springs and Permal, as applicable, as of immediately following the closing of the transactions contemplated by the Series E Purchase Agreement (the “Series E Financing”)

Fund Percentage means a percentage established for each Member on the Fund's books as of the first day of each Fiscal Period. The Fund Percentage of a Member for a Fiscal Period shall be determined by dividing the balance of the Member's Capital Account as of the commencement of such Fiscal Period by the sum of the Capital Accounts of all of the Members as of the commencement of such Fiscal Period. The sum of the Fund Percentages of all Members for each Fiscal Period shall equal 100%. HSBCAdmin means HSBC Asset Management (Americas) Inc. or any successor thereto which has executed a counterpart to this Agreement, in its administrative capacity under the agreement contemplated by Section 3.8(a) hereof. HSBCAdmin shall constitute a "manager" of the Fund within the meaning of the Delaware Act.

Fund Percentage means, with respect to each Existing Partnership, the percentage obtained by dividing (a) such Existing Partnership’s applicable Fund Value, by (b) the Aggregate Fund Relative Value.

Fund Percentage with respect to an Investee Fund equals the ratio of (i) the Value of all investments in such Investee Fund to (ii) the aggregate Value of the Asset Pool. [Redacted].