Venture Capital Portfolio definition

Venture Capital Portfolio means that part of the Portfolio comprising the VCF Portfolio Securities.]
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Venture Capital Portfolio means those assets of the Investment Portfolio, initially in the amount of $60 million, that will be invested in a portfolio of venture capital funds in accordance with Section 6.3 under the direction of the Investment Committee, purchased with the cash contributed by the Members pursuant to the Contribution Agreement.
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Examples of Venture Capital Portfolio in a sentence

  • Any such election shall be advised by the Company to the Manager by not later than one month following the relevant VCF Review Date (and, failing this, the Company shall be deemed to have elected not to terminate the Venture Capital Portfolio).

  • The Company and the Manager may, at any time, agree to terminate the Venture Capital Portfolio.

  • The Company and the Manager shall, each time the IO Fund Manager advises that it intends to dispose of an IO Fund Core Portfolio Security, consult and seek to agree whether the Company should acquire (or reallocate) such Securities for the Venture Capital Portfolio.

  • As at each VCF Review Date, the Company may, after consultation with the Venture Portfolio Manager but at its sole discretion, terminate the Venture Capital Portfolio.

  • Subject to the Management Agreement and this Agreement, all VCF Distributions from, and the proceeds of sale or other realisation of VCF Portfolio Securities received prior to the first VCF Review Date shall be retained in the Venture Capital Portfolio and made available for reinvestment into VCF Portfolio Securities.

  • The Investment Committee shall be disbanded and the Manager shall cease to identify suitable investment opportunities in Venture Capital Businesses and shall not acquire any further VCF Portfolio Securities without the prior written consent of the Board (unless in performance of an Undrawn Commitment made prior to date of termination) but shall otherwise continue to manage the Venture Capital Portfolio in accordance with the terms of this Agreement and the Management Agreement.

  • Venture Capital Portfolio into the Utility Portfolio, and, for the purpose of VCF Management Fee calculations, the VCF Commitment shall be reduced to zero and the Manager shall continue to manage such VCF Portfolio Securities in accordance with the Management Agreement.