Incentive Allocation means the special allocation of a portion of the net profits of the Company to Xxxxxx LLC as provided in Section 3.6.
Incentive Allocation shall have the meaning as set forth in Section 4.1.2.2 hereof.
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).
Examples of Incentive Allocation in a sentence
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.
Furthermore, such taxes will not be deducted as an expense of the Company for the relevant period in which such taxes were incurred for purposes of calculating the Advisory Fee and Incentive Allocation due with respect to such Member.
More Definitions of Incentive Allocation
Incentive Allocation has the meaning set forth in Section 5.03(c)(i).
Incentive Allocation has the meaning set out in Section 5.6(a) of this Agreement.
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 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.
Incentive Allocation shall have the meaning set forth in Annex A.
Incentive Allocation is defined in Section 4.3.1.
Incentive Allocation has the meaning set forth in Section 5.03(c)(i). "Incentive Allocation Rate" means 20%.