Epstein Secrets

or less than 12 months, and in the event of the withdrawal of a tranche held for less than 12 months, requires payment of a withdrawal fee of 3% of the Net Asset Value of the Interests withdrawn. The "Investor Level Limit", provides that the Partnership is not obligated to permit a withdrawal of more than 25% per

ers: (1) a weekly estimate of the Partnership's Net Asset Value, "generally within two (2) days of the end of each week", (2) a monthly estimate of the Partnership's Net Asset Value, "generally within five (5) business days of the end of each month", (3) a final monthly Net Asset Value, "generally within fifteen (15) business da

by the Manager) a management fee that accrues monthly and is payable quarterly in arrears (the "Management Fee") in an amount equal to: (i) 0.50% of the Net Asset Value of the Capital Account of each Limited Partner (two percent (2.0%) per annum), and (ii) 0.35% of the Book Value of the Special Situation Sub-Accoun

d (B) the estimated accrued, but unallocated, Performance Allocation as of such SSI Determination Date is equal to or exceeds one percent (1.0%) of the Partnership's Net Asset Value as of such date. In addition, at the end of each calendar quarter (each such date a "Subsequent Determination Date"), the Manager shall estimate th

or less than 12 months, and in the event of the withdrawal of a tranchc held for less than 12 months, requires payment of a withdrawal fee of 3% of the Net Asset Value of the Interests withdrawn. The "Investor Level Limit", provides that the Partnership is not obligated to permit a withdrawal of more than 25% per

Interests requires the General Partner's prior consent. The following reports are to be provided to the limited partners: (1) a weekly estimate of the Partnership's Net Asset Value, "generally within two (2) days of the end of each week", (2) a monthly estimate of the Partnership's Net Asset Value, "generally within five (5) b