Epstein Secrets

age Intentionally left blank) ER305378-MAXWELL CONFIDENTIAL UBSTERRAMAR00002021 EFTA00237652 Appendix B Limited Liability Company Agreement of AlphaKeys European Real Estate Opportunities Fund II, L.L.C. ER305378-MAXWELL CONFIDENTIAL UBSTERRAMAR00002022 EFTA00237653 ALPHAKEYS EUROPEAN REAL ESTA

om time to time, and the rules and regulations of the Securities and Exchange Commission promulgated thereunder. "Advisory Proaram" shall mean the UBS Institutional Consulting program or another UBSFS advisory program, as permitted by the Administrator in its sole discretion, pursuant to which UBSFS or its Affiliates will

Investor, (ii) to invest in the Underlying Fund pending the receipt of capital contributions from Investors and (iii) to cover any shortfall in the AlphaKeys Fund's ability to perform any payment obligations when due. If the AlphaKeys Fund borrows money, its Net Asset Value may be subject to greater flu

ts"). Advisory Class Interests will be offered only to Investors who are clients of UBS Financial Services Inc. ("UBSFS") who invested through the UBS Institutional Consulting program or another UBSFS investment advisory program as permitted by the Administrator in its sole discretion (an "Advisory Program") pursuant to

Investor, (ii) to invest in the Underlying Fund pending the receipt of capital contributions from Investors and (iii) to cover any shortfall in the AlphaKeys Fund's ability to perform any payment obligations when due. If the AlphaKeys Fund borrows money, its Net Asset Value may be subject to greater flu

ts"). Advisory Class Interests will be offered only to Investors who are clients of UBS Financial Services Inc. ("UBSFS") who invested through the UBS Institutional Consulting program or another UBSFS investment advisory program as permitted by the Administrator in its sole discretion (an "Advisory Program") pursuant to