Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is an excerpt from an Amended and Ratified Limited Partnership Agreement, specifically addressing indemnification of Covered Persons, liquidators, and related parties by the Partnership. It outlines the conditions, limitations, and procedures for indemnification, including advance payment of expenses and subrogation rights.
Metadata
- Subject
- Amended and Ratified limited Partnership Agreement
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0039601
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Covered Persons | Indemnification | Partnership | The Partnership indemnifies the Covered Persons against claims, demands, costs, losses, damages, expenses, judgments, and/or liabilities. |
| Indemnitee | Indemnification | Third-Party Indemnifier | Indemnitee may have rights to seek indemnification from a Third-Party Indemnifier. |
Notable Quotes 2
"Indemnitee shall be indemnified (whether or not the Indemnitee continues to serve in such capacity at the time such action, suit or proceeding is brought or threatened), subject to the other provisions of this Agreement, by the Partnership (out of Partnership assets, including unpaid Subscriptions, the proceeds of liability insurance and as set forth in 12.4) against any claim, demand, controversy, dispute, cost, loss, damage, expense (including legal and accounting fees and expenses, costs of investigations and sums paid in settlement), judgment and/or liability of any kind or nature, whatsoever or however arising incurred by or imposed upon the Indemnitee in connection with any action, suit or proceeding (including any proceeding before any administrative or legislative body or agency), to which the Indemnitee may be made a party or otherwise involved or with which the Indemnitee shall be threatened, by reason of the Indemnitee's being at the time the cause of action arose or thereafter, a Covered Person, a liquidator, a partner, member, stockholder, director, officer, manager, trustee, employee, agent or Affiliate of any of the foregoing, or a partner, member, stockholder, director, officer, manager. trustee, employee, consultant or agent of any other organization in which the Partnership owns or has owned an interest or of which the Partnership is or was a creditor, which other organization the Indemnitee serves or has served as a partner, member. stockholder, director, officer, manager, trustee, employee, consultant or agent at the request of the Partnership, or by reason of actions or omissions taken or suffered in any such capacity."
"An Indemnitee shall not be indemnified with respect to matters as to which the Indemnitee shall have been finally adjudicated in any such action, suit or proceeding (a) to have acted in bad faith or to have acted with gross negligence or willful misconduct, or (b) with respect to any criminal action or proceeding, to have had reasonable cause to believe that such Person's conduct was unlawful."
Financial Information
Assets:
- Partnership assets
- unpaid Subscriptions
- proceeds of liability insurance
Legal Compliance
- Limitation on Indemnification: Indemnitee shall not be indemnified with respect to matters as to which the Indemnitee shall have been finally adjudicated in any such action, suit or proceeding (a) to have acted in bad faith or to have acted with gross negligence or willful misconduct, or (b) with respect to any criminal action or proceeding, to have had reasonable cause to believe that such Person's conduct was unlawful.
Raw Analysis JSON
click to expand
Themes
Legal matters/litigationFinancial transactions/money flowBusiness dealings
Organizations 4
Pacific Life Insurance CoOle dower Aeccta Secondary Opportunities IV (U.S.)* L.P.PartnershipThird-Party Indemnifier
Text Analysis
- Tone
- Formal, legal
- Purpose
- To define the terms of indemnification for Covered Persons, liquidators, and other related parties by the Partnership.
- Significance
- This document outlines the conditions and limitations of indemnification, which is a crucial aspect of the partnership agreement.
File Info
- File Name
- EFTA01354966.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:33.761993
- DOJ Source
- View on DOJ