Capital Sub-Account's Negative Performance Change

English to Ukrainian Bus/Financial Investment / Securities

"Carry forward Account" means a memorandum account to be recorded in the books and records of the Partnership with respect to each Capital Sub-Account of each Limited Partner that has an initial balance of zero and that is adjusted as follows:
(1) As of the first day after the close of each Performance Period for such Capital
Sub-Account, the balance of the Can'yforward Account (a) is increased by the
amount, if any, of such Capital Sub-Account's Negative Performance Change for
such Performance Period and (b) is reduced (but not below zero) by the amount, if
any, of such Capital Sub-Account's Positive Performance Change for such
Performance Period.
(2) As of the close of each Performance Period for such Capital Sub-Account, any
positive balance of the Can'yforward Account relating to such Capital Sub-
Account is further adjusted if the Capital Sub-Account balance has been reduced
during such Performance Period as a result of a distribution or a partial
withdrawal with respect to such Capital Sub-Account by reducing such positive
balance (but not below zero) by an amount determined by multiplying (a) such positive balance by (b) a fraction, of which (i) the numerator is equal to the amount so distributed or withdrawn and (ii) the denominator is equal to the balance of such Capital Sub-Account immediately before giving effect to such distribution or withdrawal.