← Glossary
Most Favored Nation (MFN)
A side-letter right that lets an investor elect terms a fund grants to other investors of equal or smaller commitment.
Orivade keeps this on the investor's record — linked to the email or document it came from, so the current status is one search away the moment an LP asks.
See also
- Side LetterAn agreement that modifies a fund's standard terms for a specific investor, often an anchor or institutional LP.
- Limited Partnership Agreement (LPA)The governing contract between a fund's general partner and its limited partners, setting economics, terms, and governance.
- Management FeeThe recurring fee a fund charges its investors to cover operating costs, typically an annual percentage of committed or invested capital.
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