Pooled Vehicle definition

Pooled Vehicle means (i) any issuer meeting the definition of an “investment company” in Section 3(a) of the 1940 Act, or (ii) any person that would meet the definition of an investment company but for the exceptions in Section 3(c) of the 1940 Act.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Pooled Vehicle means any investment vehicle, including a general or limited partnership, a limited liability company, a trust, a company, a commodity pool or a commingled fund, organized in any jurisdiction, and any alternative investment vehicles, co-investment vehicles and parallel funds formed in connection with any of such entities, other than a Fund, in which Company or any Company Subsidiary owns or holds (whether directly or indirectly) any equity, partnership, or other similar interest.

Pooled Vehicle means any of the following: (1) hedge funds, private equity funds, commodity pools or other pooled investment vehicles, regardless of type or asset class (including any direct co-investments alongside or in coordination with such vehicles); (2) asset-backed securities, asset-backed commercial paper, residential mortgage-backed securities, collateralized loan obligations, collateralized debt obligations or other similar instruments; (3) joint ventures; or (4) any other issuer that would be an investment company, as defined in the Investment Company Act, but for section 3(c)(1) or 3(c)(7) of the Investment Company Act; provided, however, that no such entity shall be deemed to be a Pooled Vehicle for purposes of this Agreement if the Company reasonably determines, based on applicable Law and in consultation with the Company’s and Parent’s external counsel, that such entity would not be considered a covered fund (as defined under the ▇▇▇▇▇▇▇ Rule).

Examples of Pooled Vehicle in a sentence

• The Grantee agrees that during the Restricted Period he or she will not induce or attempt to induce any Artisan Client to use the investment management services (including by way of investing in a mutual fund, UCITS fund or other pooled investment vehicle) of any person or entity other than the Artisan Group or to cease using the investment management services (including any Artisan Pooled Vehicle) of the Artisan Group.

• For the avoidance of doubt, “Artisan Prospective Client” shall include a person or entity with respect to which this definition otherwise applies notwithstanding that the services that were proposed to be provided would have been provided indirectly through such person’s or entity’s investment in an Artisan Partners Pooled Vehicle.

• Adviser will monitor the holdings of the Pooled Vehicles held in the Account to determine that they remain consistent with the investment guidelines applicable to the Pooled Vehicles and will review the Account’s allocation to each Pooled Vehicle on a periodic basis and make such adjustments to those allocations as Adviser deems appropriate.

• Upon Advisor’s discovery that the Account or a Pooled Vehicle falls outside of a range or tolerance specified by the applicable investment guidelines for any reason, Advisor will act in accordance with its Guideline Exception and Trade Error Policy.

• If Adviser uses Pooled Vehicles to implement Adviser’s investment strategy, Adviser will review the investment guidelines of the Pooled Vehicle prior to selecting a Pooled Vehicle for the Account.

• Advisor will monitor the holdings of the Pooled Vehicles held in the Account to determine that they remain consistent with the investment guidelines applicable to the Pooled Vehicles and will review the Account’s allocation to each Pooled Vehicle on a periodic basis and make such adjustments to those allocations as Advisor deems appropriate.

• If Advisor uses Pooled Vehicles to implement Advisor’s investment strategy, Advisor will review the investment guidelines of the Pooled Vehicle prior to selecting a Pooled Vehicle for the Account.

More Definitions of Pooled Vehicle

Pooled Vehicle means a vehicle which is assigned to any state organization for:

Pooled Vehicle shall include any of the following regardless of in what form or jurisdiction organized.

Pooled Vehicle means (i) any issuer meeting the definition of an “investment company” in Section 3(a) of the 1940 Act, or (ii) any person that would meet the definition of an investment company but for the exceptions in Section 3(c) of the 1940 Act;