Incentive Allocation definition

Incentive Allocation means the special allocation of a portion of the net profits of the Company to the Manager as provided in Section 3.6.

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Incentive Allocation has the meaning set forth in Section 5.03(c)(i).

Incentive Allocation shall have the meaning as set forth in Section 4.1.2.2 hereof.

Examples of Incentive Allocation in a sentence

• The amount of Net Profits allocated as a Recoupment Allocation shall not exceed, but shall reduce, the amount of Net Profits otherwise allocable to the General Partners as the Incentive Allocation pursuant to Section 9(a) (ii) hereof.

• If at any time the Fund has two or more general partners, the authority to act on behalf of the Fund and the Management Fee and Incentive Allocation will be allocated among such general partners in such manner as such general partners will determine among themselves.

• Any Incentive Allocation due upon the withdrawal will be adjusted so that it is based on the Gains (if any) realized by such Limited Partner after the sale of such segregated assets.

• The Incentive Allocation, if any, will be computed and credited to the capital account of the Special Advisory Member as provided by the LLC Agreement.

• The Manager may in its discretion waive or reduce the Incentive Allocation or any of the Administration Fees calculated with respect to, and deducted from, the Capital Account of any Member.

More Definitions of Incentive Allocation

Incentive Allocation means the incentive allocations or other performance-based allocations of net capital appreciation or net profits from the Funds to the Company pursuant to the Fund Agreements, excluding any allocations of net capital appreciation or net profits made to the Company by virtue of its capital invested in such Funds (which capital, for the avoidance of doubt, shall not include any Incentive Allocation that remains in the Funds and any related capital appreciation).

Incentive Allocation has the meaning set out in Section 5.6(a) of this Agreement.

Incentive Allocation shall have the meaning set forth in Section 9(a)(ii).

Incentive Allocation means, with respect to any Member, other than a Special Member, 20% (and, as respects a Special Member, such percentage as the Adviser shall have agreed with such Special Member) of the amount, determined as of the close of each Allocation Period with respect to such Member (appropriately adjusted for any partial repurchases or partial Transfers of Interests), by which such Member's Positive Allocation Change for such Allocation Period, if any, exceeds any positive balance in such Member's Loss Recovery Account as of the most recent prior date as of which any adjustment has been made thereto.

Incentive Allocation shall have the meaning set forth in Annex A.

Incentive Allocation has the meaning set forth in Section 5.03(c)(i). "Incentive Allocation Rate" means 20%.

Incentive Allocation means, with respect to each Member, 10% of the amount, determined as of the close of each Allocation Period with respect to such Member, by which such Member's Positive Allocation Change for such Allocation Period, if any, exceeds the sum of: (1) the Preferred Return; and (2) the amount of any positive balance in such Member's Loss Recovery Account.