Examples of Fund LLC Agreement in a sentence
An Early Amortization Period of the type described in clause (iv) shall continue until all insurance required to be maintained by any Financing Fund LLC Agreement is in effect.
With respect to all amounts distributed by the Fund to the Company under Sections 6.3(a)(iii), (iv)(B) and (v)(B) of the Fund LLC Agreement (collectively, the "Carry"), the Company shall retain a portion thereof to be paid to employees of the Company (such portion to be determined and distributed by Pioneer in its sole discretion), and the balance thereof shall be distributed to Pioneer.
Xxxxxx Title: Chief Executive Officer [Signature Page to Provident Residential Real Estate Fund LLC Agreement and Plan of Merger] PROVIDENT RESIDENTIAL REAL ESTATE FUND LLC, a Minnesota limited liability company By: PROVIDENT REAL ESTATE ADVISORS LLC, a Minnesota limited liability company Its Managing Member By: /s/ Xxxxx X.
Such loans may be made by the Members in such amounts and such relative proportions as the Members may agree, or absent such agreement, the Members may make such loans in equal amounts (taking into account any advances made by each Member or other Affiliates of each Member in respect of such Shoftfall Amount under the Fund LLC Agreement).
The Fund Manager shall be compensated, in a manner agreed to by Banc One and Pioneer, solely from all or a portion of the Asset Management Fee (as defined in the Fund LLC Agreement).
Pioneer shall also be responsible for causing the Company to deliver to the members of the Fund, to the shareholders, partners or other participants in or of any Subsidiaries, and to the Persons entitled to the delivery of financial statements under the Financing Documents, all financial statements (whether annual, quarterly, special or otherwise) required to be delivered to such Persons under the Fund LLC Agreement, the governing documents of such Subsidiaries and/or the Financing Documents.
In the event that you breach any of the Company rules of conduct or if your behaviour is otherwise considered by the Company to be unsatisfactory you may be subject to the Company’s disciplinary procedure.
If, under the Fund LLC Agreement or the Finance Agreement, any loan or capital contribution (in each case, a "Shortfall Advance") is required to be made in order to fund the Shortfall Amount (as defined in the Finance Agreement), then Pioneer and Banc One may, but shall not be obligated to, make a loan or loans to the Company to enable the Company to contribute to the Fund to fund the Shortfall Advance.
The Company shall establish an investment committee for the Fund (the "Investment Committee") in accordance with the terms of the Fund LLC Agreement.
The Members acknowledge that, under the Fund LLC Agreement, the Company may have the right to make loans (or advances pursuant to Section 5.3 of the Fund LLC Agreement) from time to time ("Voluntary Loans") to the Fund in order to meet cash needs of the Fund.