7
Shared Docs
7
Same-Page
7 / 7
Mentions
ion, Incapacity or Bankruptcy of a General Partner 25 8.6 Death, Incapacity or Bankruptcy of a Limited Partner 26 8.7 Other Interests 27 8.8 Reliance by Third Parties 27 8.9 Reimbursement of Expenses 28 8.10 Liability and Indemnity 28 8.11 Limited Liability 29 ARTICLE IX SUBSTITUTION; AD
ship or subject such Partner to any greater proportion of losses which the Partnership may sustain. ARTICLE IV ALLOCATION OF PROFIT AND LOSS 4.1 Allocation of Profits and Losses. 4.1.1 The Partnership's Net Profit and Net Loss for any Accounting Period shall be allocated among the Partners in proportion to their Percentage
ion, Incapacity or Bankruptcy of a General Partner 25 8.6 Death, Incapacity or Bankruptcy of a Limited Partner 26 8.7 Other Interests 27 8.8 Reliance by Third Parties 27 8.9 Reimbursement of Expenses X28 8.10 Liability and Indemnity 28 8.11 Limited Liability 29 ARTICLE IX SUBSTITUTION; A
ship or subject such Partner to any greater proportion of losses which the Partnership may sustain. ARTICLE IV ALLOCATION OF PROFIT AND LOSS 4.1 Allocation of Profits and Losses. 4.1.1 The Partnership's Net Profit and Net Loss for any Accounting Period shall be allocated among the Partners in proportion to their Percentage
ion, Incapacity or Bankruptcy of a General Partner 25 8.6 Death, Incapacity or Bankruptcy of a Limited Partner 26 8.7 Other Interests 27 8.8 Reliance by Third Parties 27 8.9 Reimbursement of Expenses 28 8.10 Liability and Indemnity 28 8.11 Limited Liability 29 ARTICLE IX SUBSTITUTION; AD
ship or subject such Partner to any greater proportion of losses which the Partnership may sustain. ARTICLE IV ALLOCATION OF PROFIT AND LOSS 4.1 Allocation of Profits and Losses. 4.1.1 The Partnership's Net Profit and Net Loss for any Accounting Period shall be allocated among the Partners in proportion to their Percentage
Death, Dissolution, Incapacity or Bankruptcy of a Manager 24 8.6 Death, Incapacity or Bankruptcy of a Member 25 8.7 Other Interests 26 8.8 Reliance by Third Parties 26 8.9 Reimbursement of Expenses 27 8.10 Liability and Indemnity 27 8.11 Limited Liability 28 ARTICLE IX SUBSTITUTION; AD
Company or subject such Member to any greater proportion of losses which the Company may sustain. ARTICLE IV ALLOCATION OF PROFIT AND LOSS 4.1 Allocation of Profits and Losses. 4.1.1 The Company's Net Profit and Net Loss for any Accounting Period shall be allocated among the Members in proportion to their Percentage Inter
permitted to do so. II-12 CONFIDENTIAL UBSTERRAMAR00004015 EFTA00239347 FOR EXISTING INVESTOR USE ONLY Business Dependent on Key Individuals; Reliance on Portfolio Managers The success of the Fund is significantly dependent upon the expertise of a number of individuals including certain of those i
butive share of Millennium USA's taxable income and gain regardless of whether it has received or will receive a distribution from Millennium USA. Allocation of Profits and Losses. Under the Partnership Agreement, Millennium USA's net capital appreciation or net capital depreciation for each accounting period is allocated amon
s from the other Feeder Funds' investors, which could adversely affect the value of an investor's interests. Business Dependent on Key Individuals; Reliance on Portfolio Managers The success of the Fund is significantly dependent upon the expertise of a number of individuals, including, Israel A. Englan
butive share of Millennium USA's taxable income and gain regardless of whether it has received or will receive a distribution from Millennium USA. Allocation of Profits and Losses. Under the Partnership Agreement, Millennium USA's net capital appreciation or net capital depreciation for each accounting period is allocated amon
s from the other Feeder Funds' investors, which could adversely affect the value of an investor's interests. Business Dependent on Key Individuals; Reliance on Portfolio Managers The success of the Fund is significantly dependent upon the expertise of a number of individuals, including, Israel A. Englan
butive share of Millennium USA's taxable income and gain regardless of whether it has received or will receive a distribution from Millennium USA. Allocation of Profits and Losses. Under the Partnership Agreement, Millennium USA's net capital appreciation or net capital depreciation for each accounting period is allocated amon
Entities connected to both Reliance and Allocation of Profits and Losses

United Kingdom
LOCATION
United States
LOCATION
New York
LOCATIONAccounting Period
ORGANIZATION
the Cayman Islands
LOCATIONthe U.S. Investment Company Act
ORGANIZATIONLeon Black
PERSONthe Offered Interests
ORGANIZATIONSpecial Limited
ORGANIZATION
New York State
LOCATION
George W. Bush
PERSONthe U.S. Investment Advisers Act
ORGANIZATIONCayman
LOCATIONthe Cayman Islands Monetary Authority
ORGANIZATIONthe State of New York
LOCATIONthe Treasury Regulations
ORGANIZATIONFirst Refusal
ORGANIZATIONthe Person or Persons
ORGANIZATIONAllocation of Profits
ORGANIZATIONthe Offer Price
ORGANIZATION