Examples of Permitted Temporary Investments in a sentence
Pending distribution, funds referred to in this Section 3.5 held by the Partnership shall be invested in Permitted Temporary Investments.
Subject to Sections 5.2(d) and 5.4, Distributable Cash attributable to any Portfolio Investment (including income from Permitted Temporary Investments realized pending investment in such Portfolio Investment or pending distribution of Distributable Cash relating to such Portfolio Investment) shall initially be apportioned among the Members (including the Manager) in proportion to their respective Percentage Interests relating to such Portfolio Investment.
To the extent practicable in the sole discretion of the General Partner, the General Partner may invest Capital Contributions in Permitted Temporary Investments pending investment in Investments and may invest Distributable Cash in Permitted Temporary Investments pending the distribution thereof.
Distributable Cash attributable to any Investment (including income from Permitted Temporary Investments realized pending investment in such Investment or pending distribution of Distributable Cash relating to such Investment) shall initially be apportioned among the Partners (including the General Partner) in proportion to their respective Percentage Interests relating to such Investment.
As provided in Section 4.1(b)(v), Investment Management Fees paid from the Fund’s cash receipts (regardless of the source and including operating cash, proceeds from a Liquidity Event, Distributable Cash or income from Permitted Temporary Investments) or from borrowings from a Subscription Facility, shall not reduce the Partner’s Remaining Capital Commitment or Remaining Reserve Commitment.