Grosvenor Fund definition

Grosvenor Fund means any investment fund or managed account for which and for so long as a Grosvenor Company or any of its Affiliates serves as general partner, managing member, investment manager, investment adviser or sub-adviser, as applicable.
Sample 1
Grosvenor Fund means any investment fund or managed account for which and for so long as Grosvenor or any of its Affiliates serves as general partner, managing member, investment manager, investment adviser or sub-adviser, as applicable. “Grosvenor Fund Documents” means all limited partnership agreements, subscription agreements, management agreements, advisory agreements, administration agreements and other similar documents and agreements as in effect from time to time for each Grosvenor Fund, together with any amendments, supplements or modifications thereto. “Grosvenor Fund GP” shall mean, each (i) general partner, managing member or equivalent thereof of any Grosvenor Fund and (ii) other Affiliate of the Borrower entitled to receive Performance Fees or Management Fees. “Guarantee” shall mean the Guarantee, dated as of the Closing Date, made by each Guarantor in favor of the Collateral Agent for the benefit of the Secured Parties, substantially in the form of Exhibit A. “Guarantee Obligations” shall mean, as to any Person, any obligation of such Person guaranteeing or intended to guarantee any Indebtedness of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, including any obligation of such Person, whether or not contingent, (a) to purchase any such Indebtedness or any property constituting direct or indirect security therefor, (b) to advance or supply funds (i) for the purchase or payment of any such Indebtedness or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (c) to purchase or lease property, securities or services primarily for the purpose of assuring the owner of any such Indebtedness of the ability of the primary obligor to make payment of such Indebtedness or (d) otherwise to assure or hold harmless the owner of such Indebtedness against loss in respect thereof; provided that the term “Guarantee Obligations” shall not include endorsements of instruments for deposit or collection in the ordinary course of business or customary and reasonable indemnity obligations in effect on the Closing Date or entered into in connection with any acquisition or disposition of assets permitted under this Agreement (other than with respect to Indebtedness). The amount of any Guarantee Obligation shall be deemed to be an amount equal to the stated or determinable amount of the Indebtedness in respect of which such Guarantee Obligation is ma...
Sample 1

Examples of Grosvenor Fund in a sentence

  • In determining the cash balance of a Fund other than the Grosvenor Fund, State Street is hereby instructed by ABA to exclude the dollar value of pending securities buys and include the dollar value of pending securities sells for such Fund.

  • For the Grosvenor Fund, the cash balance shall be only the cash balance of the control account.

  • For Funds other than the Grosvenor Fund, the cash balance shall be the total cash balance of the Fund at the composite fund level, which includes cash of the control account and each underlying subadvisor sleeve.

  • Any changes to the Grosvenor Fund equitization percentage or futures contracts used must be communicated to State Street, using the letter template provided by State Street and attached hereto as Appendix I, at least two days prior to the intended effective date of those changes.

  • With respect to the Grosvenor Fund, ABA hereby authorizes and instructs State Street to accept written direction from either ABA or Grosvenor Capital Management, L.P. (“GCM”), the fund’s lead subadviser, for any changes to the Grosvenor Fund equitization percentage or futures contracts used.

  • Update Section V of the Statement of Intent / Operating Procedures by changing equitization percentage(s) and/or the futures contracts to be used for the following fund(s) as follows: Fund Futures Contract Used Futures Contract Weights Equitization % American Beacon Grosvenor Fund ___% Rxxxxxx 2000 S&P 500 The above changes shall become a material part of the Statement of Intent / Operating Procedures unless and until further modified in writing.

  • With such exceptions as have not had and would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect, each Grosvenor Fund Contract is (i) in full force and effect and (ii) represents the legal, valid and binding obligation of the Grosvenor Company or the Subsidiary of any Grosvenor Company party thereto and, to the knowledge of the Grosvenor Companies, represents the legal, valid and binding obligations of the counterparties thereto.

  • LANDLORD SF INFINITE DRIVE, LLC, a Delaware limited liability company By: Grosvenor Fund Management Inc., Its: authorized agent By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx, Xx. Title: VP TENANT GLOBEIMMUNE, INC., a Delaware corporation By: /s/ Xxxxxxx X.

  • NewEnterprise Associates Edison Venture Capital Tucker Cleary PMG Capital Red Leaf Venture House Allied Capital Corxxxxxxxx XXxxtury Capital Chartwell Partner The Grosvenor Fund Toucan Capital Corp.

  • Any changes to the equitization percentage, futures contracts weights, or futures contracts used for the American Beacon Grosvenor Fund must be communicated to State Street, using the letter template attached hereto as Appendix I at least two days prior to the intended effective date of those changes.

Related to Grosvenor Fund

  • QP means a “qualified purchaser” within the meaning of Section 2(a)(51) of the Investment Company Act.

  • Raffle means a lottery in which the prize is won by (i) a random drawing of the name or

  • harbour means the port or harbour at or near Port Hedland or such other port or place mutually agreed on and serving the Company’s wharf;

  • CBD means cannabidiol.

  • DR means an American Depositary Receipt, European Depositary Receipt, or Global Depositary Receipt or similar instrument issued by a depositary to represent the underlying securities held by the depositary.

  • Advisory Group has the meaning set forth in Section 9.14(c).

  • Principal Financial Centre means, in relation to any currency, the principal financial centre for that currency provided, however, that:

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Asset management means a systematic process of operating and maintaining the state system of

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Bay means parking bay;

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Spring means a source of water where an aquifer comes in contact with the ground surface.

  • Principal Financial Center means, in the case of any Currency, the principal financial center where such Currency is cleared and settled, as determined by the Administrative Agent.

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.