Common use of Carried Interest Partner Clause in Contracts

Carried Interest Partner. 3.1.1 In addition to the Capital Contribution of the General Partner contributed in its capacity as an Investor pursuant to Clause 2.8.1, the General Partner has agreed to contribute the amount of capital in cash to the Partnership as stated in Recital H in its capacity as the Carried Interest Partner. 3.1.2 Following each Closing Date, the Carried Interest Partner shall contribute such further amount of Capital Contribution in cash or shall be repaid part of such Capital Contribution so that at all times the aggregate amount of the Capital Contribution subscribed by it as the Carried Interest Partner equals 14 per cent of the total Capital Contributions subscribed in the Partnership by the MD Limited Partners (taking into account, if applicable, any transfers of Capital Contribution pursuant to Clause 2.7.5).