Examples of Parallel Fund in a sentence
Any costs associated with the formation and administration of a Parallel Fund will be paid by the investors in the Parallel Fund.
View of Responsible Officials: Due to a change in management personnel with the Director resigning in August 2006 and the new Director appointed in October 2006, procurement information memorandum 02-01 was not forwarded to the new Director.
The Parallel Fund may consist of certain investors who for a variety of reasons may not wish to participate in the investments through the Company.
It is the intention of the Manager that the Manager of the Company will also act as the Manager of the Parallel Fund; provided, however, if such an arrangement were to become prohibited or result in a conflict of interest, a separate Manager will be established.
Like the restrictions on transfer of Interests in the Company, investors in the Parallel Fund will not have the right to transfer their interest in the Parallel Fund without the consent of the Manager, except in certain limited circumstances to permitted transferees.