Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document outlines the indemnification and distribution return policies within the Glendower Accetcc Secondary Opportunities IV (U.S.), L.P. partnership agreement. It details the General Partner's discretion in limiting indemnification payments and the conditions under which partners may be required to return distributions.
Metadata
- Subject
- Amended and Ratified Limited Partnership Agreement
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0039159
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| General Partner | business | Partnership | The General Partner may limit or eliminate indemnification payments that otherwise would be made by the Partnership to any Indemnitee. |
| Partner | business | Partnership | Partners may be required to return distributions to the Partnership under certain circumstances. |
Notable Quotes 2
"the General Partner in its sole discretion may limit or eliminate indemnification payments that otherwise would be made by the Partnership to any Indemnitee."
"if the Partnership incurs a liability or obligation under this Article 12 or otherwise...then the General Partner may require that each Partner return to the Partnership distributions received from the Partnership pursuant to Articles 7 and 10...equal to its pro rata share...of the amount necessary to satisfy such liability or obligation; provided that such amounts shall not exceed 25% of all distributions received by such Partner from the Partnership..."
Red Flags 1
- The General Partner has the discretion to limit or eliminate indemnification payments.
Financial Information
Amounts:25%
Assets:
- distributions
Transactions:
- indemnification payments
- return distributions
- recontribute or reinvest a distribution
Legal Compliance
- Law, rule or regulation which restricts the extent to which any Person may be exculpated or indemnified by the Partnership
Raw Analysis JSON
click to expand
Themes
Legal matters/litigationFinancial transactions/money flowBusiness dealings
People 1
Organizations 3
Glendower Accetcc Secondary Opportunities IV (U.S.), L.P.PartnershipUnderlying Fund
Text Analysis
- Tone
- legal
- Purpose
- To outline the terms of indemnification and distribution returns within the partnership agreement.
- Significance
- This section of the agreement details the conditions under which partners may be required to return distributions and the limitations on indemnification.
File Info
- File Name
- EFTA01354564.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:06.108458
- DOJ Source
- View on DOJ