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rson who becomes a successor to the Manager. "Master Fund" means Honeycomb Master Fund LP, an exempted limited partnership formed under the laws of the Cayman Islands. "Net Assets" means the excess of the Fund's assets over its liabilities. "Net Cash Flow" means, with respect to each Investment and any applicable
respect to each partner nonrecourse debt (as defined in Treasury DOC ID • 26354060.5 15 EFTA00803533 Regulations Section I .704-2(bX4)) equal to the Partnership Minimum Gain that would result if such partner nonrecourse debt were treated as a nonrecourse liability (as defined in Treasury Regulations Section I .752-I(aX2
rson who becomes a successor to the Manager. "Master Fund" means Honeycomb Master Fund LP, an exempted limited partnership formed under the laws of the Cayman Islands. "Net Assets" means the excess of the Fund's assets over its liabilities. "Net Cash Flow" means, with respect to each Investment and any applicable
respect to each partner nonrecourse debt (as defined in Treasury DOC ID • 26354060.5 15 EFTA00614677 Regulations Section I .704-2(bX4)) equal to the Partnership Minimum Gain that would result if such partner nonrecourse debt were treated as a nonrecourse liability (as defined in Treasury Regulations Section I .752-I(aX2
rson who becomes a successor to the Manager. "Master Fund" means Honeycomb Master Fund LP, an exempted limited partnership formed under the laws of the Cayman Islands. "Net Assets" means the excess of the Fund's assets over its liabilities. "Net Cash Flow" means, with respect to each Investment and any applicable
respect to each partner nonrecourse debt (as defined in Treasury DOC ID • 26354060.5 15 EFTA00614635 Regulations Section I .704-2(bX4)) equal to the Partnership Minimum Gain that would result if such partner nonrecourse debt were treated as a nonrecourse liability (as defined in Treasury Regulations Section 1.752-1(aX2)
Entities connected to both the Cayman Islands and the Partnership Minimum Gain

United States
LOCATION
New York
LOCATION
Samantha Power
PERSONthe U.S. Investment Company Act
ORGANIZATIONthe Southern District
LOCATIONthe Carried Interest
ORGANIZATIONthe Master Fund
ORGANIZATIONthe Delaware
ORGANIZATION
United States District Court
ORGANIZATIONthe Treasury Regulations
ORGANIZATIONthe New York Stock Exchange
ORGANIZATIONClasses of Interests
ORGANIZATIONPartner Tax Basis
ORGANIZATIONThis Limited Partnership Agreement
ORGANIZATIONthe Certificate of Limited Partnership of the Fund with
ORGANIZATIONRegistered Office
ORGANIZATIONCogency Global Inc.
ORGANIZATIONthe Person or Persons
ORGANIZATIONthe U.S. Investment Advisers
ORGANIZATIONThe Carrying Value of any Fund
ORGANIZATION