Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / carried-interest-allocation-agreement.docx
carried-interest-allocation-agreement.docx
Parties
ARDENT CAPITAL GP III LLC
ARDENT CAPITAL HOLDINGS LLC
ARDENT GP INTERMEDIATE LLC
Ardent Capital Partners III LP
Prestige Registered Agents LLC
Ardent Capital Management LLC
HoldCo LLC
Dates
February 28, 2024
March 15, 2019
September 30, 2023
December 31, 2029
April 15, 2019
March 1, 2024
March 31, 2024
April 15, 2024
February 14, 2024
June 30, 2019
Amounts
$2,800,000,000
$1,960,000,000
$1,880,000,000
$42,000,000
$13,140,000
$87,600,000
$6,307,200
$4,204,800
$445,000,000
$10,512,000
Obligations
The Accrued Carried Interest shall be recalculated quarterly in connection with the Fund's quarterly valuation process conducted by Broadleaf Consulting Group in accordance with ASC 820
2 — Interpretation Unless the context otherwise requires: (a) words importing the singular shall include the plural and vice versa; (b) words importing any gender shall include all genders; (c) references to "including" shall mean "including, without limitation"; (d) references to any statute, regulation, or other legal enactment shall include any amendment, modification, or re-enactment thereof; (e) references to any agreement or instrument shall include all exhibits, schedules, and annexes thereto and all amendments, supplements, modifications, and restatements thereof; (f) the words "hereof," "herein," "hereto," and "hereunder" and words of similar import shall refer to this Agreement as a whole and not to any particular provision of this Agreement; (g) references to an "Article," "Section," "Exhibit," or "Schedule" shall refer to an Article, Section, Exhibit, or Schedule of this Agreement; and (h) section headings and the table of contents are for convenience of reference only and shall not affect the interpretation of this Agreement
3 — Incorporation of LPA Terms To the extent not otherwise defined herein, capitalized terms used in this Agreement shall have the meanings ascribed to them in the LPA
In the event of any conflict between the provisions of this Agreement and the provisions of the LPA with respect to the waterfall mechanics, clawback obligations, or distribution timing as between the Fund and its partners, the LPA shall control
With respect to the allocation of Carried Interest among the Participants and the Departing Participants, this Agreement shall control
The Preferred Return shall be calculated on a whole-Fund basis in accordance with the methodology set forth in Section 5