Common use of CFIUS Isolation Mechanisms Clause in Contracts

CFIUS Isolation Mechanisms. The Members acknowledge and agree that the Administrator may determine that it is in the best interests of the Fund or any of the Members (i) to make or hold the investments of any Foreign Person Member through an alternate investment vehicle, (ii) to allocate profits and/or losses from a particular investment in a Portfolio Company, or (iii) to otherwise isolate any Foreign Person Member from one or more investments in a Portfolio Company, in each case (i)-(iii) in order to reduce the likelihood of the Fund entering into or having been deemed to have entered into a Covered Transaction. In the event of such determination, the Administrator is hereby authorized to take all such actions as may be necessary to effect the foregoing.

Appears in 6 contracts

Sources: Subscription Agreement, Subscription Agreement, Subscription Agreement

CFIUS Isolation Mechanisms. The Members acknowledge and agree that the Administrator may determine that it is in the best interests of the Fund or any of the Members (i) to make or hold the investments of any Foreign Person Member through an alternate investment vehicle, (ii) to allocate profits and/or losses from a particular investment in a Portfolio CompanyInvestment, or (iii) to otherwise isolate any Foreign Person Member from one or more investments in a Portfolio CompanyInvestment, in each case (i)-(iii) in order to reduce the likelihood of the Fund entering into or having been deemed to have entered into a Covered Transaction. In the event of such determination, the Administrator is hereby authorized to take all such actions as may be necessary to effect the foregoing.

Appears in 3 contracts

Sources: Subscription Agreement (Nova Lifestyle, Inc.), Subscription Agreement, Subscription Agreement