This document outlines the terms and conditions related to default by a Limited Partner in a partnership agreement. It specifies the actions that the General Partner may take in the event of a default, including designating a partner as a 'Defaulting Partner', enforcing capital contributions, and pursuing legal remedies. The document also discusses the consequences of a default, such as prohibiting future capital calls and compulsory redemption of the Defaulting Partner's interest.
doj/DataSet10/EFTA01382926.pdf
{"key_people":["General Partner","Limited Partner"],"document_type":"legal","document_subtype":"Limited Partnership Agreement","key_organizations":["Southern Financial LLC","Glendower Access Secondary Opportunities IV (U.S.), L.P."],"reference_numbers":["DB-SDNY-0082480","SDNY_GM_00228664","EFTA01382926"]}