expected to borrow funds including pursuant to a credit facility or other loans. Such borrowings may require the Master Fund Manager, on behalf of the Master Fund General Partner, to pledge all or a portion of the property of the Master Fund and/or the commitments to the Master Fund (including the Onshore Feeder Fun

r example, the Investment Manager may not bring an action on behalf of the Onshore Feeder Fund against the Master Fund (or the Master Fund Manager, the Master Fund General Partner or the Second Master Fund General Partner) that an unrelated investment manager might otherwise initiate. The Limited Partners cannot bring