The document outlines the consequences of a Limited Partner's failure to provide required information or make capital contributions, which can lead to defaults under the Partnership Agreement. It details the remedies available to the Underlying Fund in case of such defaults, including the potential forfeiture of interests and the calling of additional capital from compliant Limited Partners. It also describes the bifurcated default process, where the Access Fund may be treated as a Defaulting Partner only for the defaulted portion, and the rights and remedies against Defaulting Access Fund Investors.
documents/vol00010-efta01354990-pdf.pdf
{"key_people":["General Partner","Investment Manager","Glendower GP"],"document_type":"legal","document_subtype":"Partnership Agreement","key_organizations":["Pacific Life Insurance Co","Access Fund","Underlying Fund"],"reference_numbers":["DB-SDNY-0039646","SDNY_GM_00185830","EFTA01354990"]}