The term sheet outlines the creation and governance of NAR Investments LLC by Black Family Partners, L.P. It details the members, governance, withdrawal and transfer rights, and the steps for eventual ownership of NAR. The document describes a three-step process for the transfer and eventual ownership of NAR interests, involving Leon, GRATS, APO2, and LDB 2014 LLC, leading to NAR ultimately owning AP Narrows LP and LDB 2014 LLC.
documents/EFTA00584379.pdf
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