Purchased Alternative Assets

Purchased Alternative Assets. Means (a) the aggregate number of shares of capital stock and limited liability company interests of the Underlying Entities calculated by multiplying the Participation Percentage by the total number of shares of capital stock or limited liability company interests constituting an Applicable Asset with respect to each Underlying Entity and aggregating such products and (b) all rights and obligations under the Underlying Entity Governing Documents solely to the extent related thereto.