This document outlines the rights and remedies available to the General Partner in the event of a default by a Limited Partner. It includes provisions for limiting or eliminating the Defaulting Partner's rights, reallocating their interest, and enforcing penalties. The General Partner may exercise any remedy available under the limited partnership agreement of the Underlying Fund. The document emphasizes that the remedies are cumulative and that the Defaulting Partner remains obligated to make capital contributions.
documents/vol00010-efta01354959-pdf.pdf
{"title":"Glendower Access Secondary Opportunities IV (U.S.), L.P. Amended and Restated Limited Partnership Agreement","key_people":["General Partner","Defaulting Partner"],"document_type":"legal","document_subtype":"Limited Partnership Agreement","key_organizations":["Glendower Access Secondary Opportunities IV (U.S.), L.P.","Pacific Life Insurance Co"],"reference_numbers":["DB-SDNY-0039587","SDNY_GM_00185771","EFTA01354959"]}