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time to time, any similar state and local provisions, and any Treasury Regulations and other guidance promulgated thereunder. 2.10 "BHC Act" means the U.S. Bank Holding Company Act of 1956, as amended. 2.11 "BHC Limit" has the meaning set forth in Section 15.2. 2.12 "BHC Member" has the meaning set forth in Section 15.1. 2.
portion such investment (including, with respect to any Bonds, a redemption of such Bonds) as reasonably determined by the Manager, and receipt by the Fund of the proceeds in consideration thereof. 2/9 "Distributable Proceeds" means, with respect to any period, (i) all proceeds (or, in the Manager's reasonab
rom time to time, any similar state and local provisions, and any Treasury Regulations and other guidance promulgated thereunder. "BHC Act" means the U.S. Bank Holding Company Act of 1956, as amended. "BHC Limit" has the meaning set forth in Section 15.2. "BHC Member" has the meaning set forth in Section 15.1. "Bonds" means
portion such investment (including, with respect to any Bonds, a redemption of such Bonds) as reasonably determined by the Manager, and receipt by the Fund of the proceeds in consideration thereof. 2.29 "Distributable Proceeds" means, with respect to any period, (i) all proceeds (or, in the Manager's reason
, and (c) any entity that is treated as having "plan assets" of such plans by reason of the Plan Assets Regulation or otherwise. "FLESI" shall mean the U.S. Bank Holding Company Act of 1956, as amended. "Brokerage Account" shall have the meaning set forth in Section 5.2(e). "Business Day" shall mean any day other than (a) Satur
any Proceeding, such Covered Person shall, if a daim for indemnification in respect thereof is to be made against the Fund, give written notice to the Fund of the commencement of such Proceeding; provided that the failure of any Covered Person to give such notice as provided herein shall not relieve the Fund
Entities connected to both the U.S. Bank Holding Company Act and the Fund of the

United States
LOCATIONInterest(s
ORGANIZATIONthe Confidential Offering Memorandum
ORGANIZATION
Eric Trump
PERSONthe Auction Rate Bonds
ORGANIZATIONArticles IV
ORGANIZATIONTreasury Regulations
ORGANIZATION
the Cayman Islands
LOCATIONthe Carried Interest
ORGANIZATIONthe U.S. Bipartisan Budget Act
ORGANIZATIONUK) Ltd.
ORGANIZATIONAdjusted Capital
ORGANIZATIONthe Tender Offer
ORGANIZATIONBHC Act
ORGANIZATIONSections of this Agreement
ORGANIZATIONEric Meyer
PERSONWNL Limited
ORGANIZATIONthe Limited Liability Companies Law
ORGANIZATIONLong Term Insured Credit Fund
ORGANIZATIONthe Register of Limited Liability Companies
ORGANIZATION