Epstein Secrets

(Le., an amount sufficient to enable the Partnership to distribute to such Limited Partner an amount equal to three hundred percent (300%) of such Limited Partner's Capital Commitment). 13. 147765658 v44 EFTA00808297 For all purposes under this Agreement, the "Second Allocation Hurdle" shall be determined as of the time that

as they reasonably and in good faith deem to be appropriate to manage the affairs of the Management Company, the General Partner, the Partnership, the Parallel Funds and the other aforementioned entities. Subject to the foregoing, the General Partner, the Management Company, the Managing Members, and their respe

oportion to their relative Capital Commitments. iii. Third, after the aggregate amount distributed to each Limited Partner is equal to 300% of such Limited Partner's Capital Commitment as of the date of such distribution, 100% to the General Partner until it has received aggregate distributions totaling 25% of (x) the aggregate di

approval of the Advisory Committee, (i) no more than 5% of "Combined Capital Commitments" (i.e., aggregate capital commitments made to the Fund and the Parallel Funds) may be invested in a "blind pool" investment fund that is managed and controlled by an unaffiliated third party and that pays its manager performa

uch subsequent closing (determined in the manner set forth in the Partnership Agreement). This "buy-in" amount will not increase the later-admitted Limited Partner's Capital Commitment. However, if the Fund's initial investments appreciate in value before the Fund's Final Closing Date, later-admitted Limited Partners may have a sm

to any changes or adjustments as are necessitated by the legal, tax, regulatory or other considerations applicable to the Fund or to one or more of the Parallel Funds, each Parallel Fund shall invest in every investment made by the Fund (other than short-term investments, as determined by the General Partner) at

at the time of determination, with respect to any Limited Partner, an amount (expressed as a percentage) equal to A divided by B, where "A" is such Limited Partner's Capital Commitment to the Partnership and where "B" is the aggregate amount of the Capital Commitments of all Limited Partners to the Partnership, in each case as det

ere a single partnership, and the General Partner shall make the appropriate transfers of cash and investment percentages among the Partnership and the Parallel Funds to accomplish such application and construction. (vii) the General Partner shall not admit any person to the Partnership as an Additional Limited