Incentive Period definition
Incentive Period means, with respect to each Unit, the initial period commencing on the date of issuance to a Member of such Unit, and thereafter each period commencing as of the day following the last day of the preceding Incentive Period with respect to such Unit, and ending at the close of business on the first to occur of the following:
Incentive Period means the period beginning on July 1 and
Incentive Period means, with respect to a Partner's Interest, a single Sub-Period or multiple consecutive Sub-Periods. Both the Incentive Period and the last Sub-Period within the Incentive Period will terminate at the close of business on the earliest occurrence of: (1) the last day of the calendar year; (2) the date immediately prior to the effective date of a full Transfer of Interests; or (3) the date on which the Partnership dissolves.
Examples of Incentive Period in a sentence
You will be paid for a month on or before the 15th day of the following month and any payments for the Growth Incentive will be paid after the end of the Growth Incentive Period in accordance with section 2.6. If the 15th is not a Business Day, we will pay you on the Business Day beforehand.
More Definitions of Incentive Period
Incentive Period with respect to a Member shall mean, in the case of the first Incentive Period, the period beginning on the date in which the Member’s Capital Account was opened and ending on the last day of the calendar year, and in the case of subsequent Incentive Periods, each calendar year; provided, further that in the case of a repurchase of an interest (or portion thereof) on a repurchase date, the final Incentive Period for such interest (or portion thereof) shall end on such repurchase date; and provided further that in the event that a Feeder Fund is terminated, the final Incentive Period for all interests shall end on the date of such termination. The “Loss Carryforward Amount” for a Member commences at zero and, for each Incentive Period, is increased by the Net Losses allocated to such Member’s Capital Account for such Incentive Period or is reduced (but not below zero) by the Net Profits allocated to such Member’s Capital Account for such Incentive Period. A Member’s Loss Carryforward Amount will be proportionately adjusted with respect to any contributions, transfers, distributions and repurchases applicable to the Member’s Capital Account.
Incentive Period means the period from January 1 through June 30, and July 1 through December 31 of each fiscal year.
Incentive Period for an eligible project means
Incentive Period shall commence upon the commencement of the Accounts. Each subsequent Incentive Period shall commence immediately after the close of the preceding Incentive Period, and ending on the first to occur of: (A) the last day of the calendar year; (B) the date the Accounts are terminated; or (C) the effective date of any full or partial withdrawal (with respect to such withdrawn amounts) if such date is other than a calendar year end.
Incentive Period means the period beginning July 1, 2010 and ending on June 30, 2011.
Incentive Period means the period beginning on March 1,
Incentive Period means the period of time beginning April 1, 2015 and ending March 30, 2035.