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Dictionary
the waived
verb
To outlaw (someone).
Exact(15)
The waived amount can then be used to satisfy the executive's investment in one of the fund's portfolio companies.
To make the tax magic (allegedly) work, the waived amount must be eventually be made up from future profits in the fund.
If the fund never has additional profits, the limited partners can theoretically try to claw back the cash from the waived fee amounts.
So it shows the waived management fees as ordinary income in the financial statements it files with the Securities and Exchange Commission.
The risk is mostly theoretical because the waived fee amounts are offset from priority allocations from the fund in any accounting period, even if the fund loses money overall.
Slade McLaughlin, a lawyer for an 18-year-old accuser known as Victim 1, also said the waived hearing seemed to indicate that Sandusky was considering a plea arrangement.
Similar(43)
Owing to the retrospective design of the study, the committee waived the need for informed consent.
The University of Alberta Health Research Ethics Board waived the requirement for review because the study involved only publicly available data.
BEN SHPIGEL GIANTS WAIVE SCOTT, AGAIN The Giants waived the injured running back Da'Rel Scott for the second time this month.
The Research Ethics Board waived the need for informed consent since the study used anonymous, aggregate, retrospective data.
The committee waived the need for informed consent concerning studies involving the use of databases.
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CEO of Professional Science Editing for Scientists @ prosciediting.com