← Glossary
Most Favored Nation (MFN)
A provision governing whether and how an investor receives more favorable side-letter rights granted to another investor. Depending on the drafting, those rights may apply automatically or only after disclosure and election, and may be subject to eligibility thresholds and exclusions.
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.
Related reading