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 outlines the terms of a limited partnership agreement, specifically addressing the handling of capital call defaults and the assignment of partner contributions. It details the rights and obligations of the General Partner and Limited Partners in the event of funding shortfalls and provides mechanisms for securing partnership indebtedness.
Metadata
- Subject
- Glendower Accem Secondary Opportunities IV (U.S.), L.P. Amended and Ratated Limited Partnership Agri:anent
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0040020
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Partnership | contractual agreement | Underlying Fund | The general partner of the Underlying Fund has contractually agreed with the General Partner to only treat the Partnership as a 'Defaulting Partner' with respect to the portion of the Partnership's interest in the Underlying Fund that has defaulted. |
| General Partner | authority | Limited Partner | The General Partner may treat any Limited Partner as if it was a separate limited partner of the Underlying Fund with a capital commitment equal to such Limited Partner's Subscription to the Partnership. |
| General Partner | assignment | third party | The General Partner is authorized to assign to a third party as security for indebtedness or other obligations of the Partnership (i) all or a portion of the aggregate unpaid Subscriptions of the Limited Partners and (ii) all of the Partnership's and the General Partner's rights relating to the unpaid Subscriptions. |
Notable Quotes 2
"If the Partnership fails to contribute all or any portion of any capital call amount set forth in a funding notice received from the Underlying Fund as and when due (an 'Access Fund Default'), and such failure results from the failure of one or more Limited Partners (each such Limited Partner. a 'Defaulting Access Fund Investor') to make full payment in respect of any capital call issued by the Partnership (regardless of whether or not such Defaulting Access Fund Investor is also a 'Defaulting Partner' for purposes of this Agreement), then the general partner of the Underlying Fund has contractually agreed with the General Partner to only treat the Partnership as a 'Defaulting Partner' (as defined in the limited partnership agreement of the Underlying Fund (an 'Underlying Fund Defaulting Partner')) with respect to the portion of the Partnership's interest in the Underlying Fund that has defaulted"
"The General Partner is hereby specifically authorized to assign to a third party as security for indebtedness or other obligations of the Partnership (i) all or a portion of the aggregate unpaid Subscriptions of the Limited Partners and (ii) all of the Partnership's and the General Partner's rights relating to the unpaid Subscriptions, including without limitation, the right to deliver notices, to receive payment of Subscriptions, to exercise all rights of the Partnership with respect to unpaid Subscriptions and to enforce all remedies against Limited Partners that fail to fund their respective unpaid Subscriptions pursuant to and in accordance with the terms of this Agreement; provided that the liability of the Limited Partners to make contributions shall not be increased thereby."
Financial Information
Amounts:95%5%
Assets:
- Partnership's interest in the Underlying Fund
- aggregate unpaid Subscriptions of the Limited Partners
Transactions:
- capital call
- funding notice
- payment of Subscriptions
- unpaid Subscriptions
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 4
Annandale CapitalGlendower Accem Secondary Opportunities IV (U.S.), L.P.Parallel Access FundFeeder Fund
Text Analysis
- Tone
- legal
- Purpose
- To define the terms and conditions related to capital calls, defaults, and assignments within a limited partnership agreement.
- Significance
- This document outlines the procedures and consequences related to funding defaults and the assignment of partner contributions, which are critical for managing the financial stability of the partnership.
File Info
- File Name
- EFTA01355147.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:52.787034
- DOJ Source
- View on DOJ