TP Funds definition

TP Funds means Third Point Offshore Fund, Ltd., the Offshore Master Fund, Third Point Partners L.P., Third Point Partners Qualified L.P, Third Point Ultra Onshore LP, Third Point Ultra Ltd. and Third Point Ultra Master Fund L.P., and any other current or future investment vehicle or account following the same or substantially the same investment strategy as the foregoing entities.
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Examples of TP Funds in a sentence

  • Within one (1) Business Day of establishment of the Escrow Account, pursuant to the Escrow Agreement, Cloudbreak and/or its affiliates shall, and the TP Funds, severally and not jointly, shall cause Cloudbreak and/or its affiliates to, deposit, by wire transfer of U.S. dollars in immediately available funds, $61,000,000 (the “Escrow Amount”) into the Escrow Account.

  • The TP Funds, severally and not jointly, shall cause Cloudbreak to pay its portion of any fees, costs, expenses and charges of whatever nature (the “Escrow Costs”) that are payable pursuant to the terms of the Escrow Agreement and shall, severally and not jointly, make available to Cloudbreak any funds as are necessary for Cloudbreak to pay the Escrow Costs.

  • Each TP Party agrees and acknowledges that as a result of the TP Funds not providing cash funding in excess of the Escrow Amount to Cloudbreak to purchase shares of FPAC Common Stock under the Forward Purchase Agreement, the Seller Parties shall receive an increased amount of Stock Consideration upon consummation of the Closing under the Merger Agreement in accordance with Article II of the Merger Agreement.

  • FPAC agrees and acknowledges that as a result of the TP Funds not providing cash funding in excess of $61,000,000 to Cloudbreak to purchase shares of FPAC Common Stock under the Forward Purchase Agreement, the Seller Parties shall receive an increased amount of Stock Consideration upon consummation of the Closing under the Merger Agreement in accordance with Article II of the Merger Agreement.

  • The General Partner represents and warrants to the Company that it has disclosed to the Company the management fee, incentive compensation and liquidity terms of all share classes currently existing in the TP Funds as of the Effective Date and that it has not granted any current non-Excluded Investor in a TP Fund a lower base management fee rate or base incentive compensation rate than the “standard” terms of such share classes.

  • To extent the Partnership purchases Securities or other property from or sells Securities or other property to an Affiliated Fund (other than Affiliated Funds sponsored or managed by Trawler Capital Management LLC), excluding any such purchases and sales for the purpose of rebalancing Securities among the Partnership and the TP Funds, the Investment Manager shall notify the Company (as provided in the following sentence).

Related to TP Funds

  • Fresh Funds means funds that:

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).