The document outlines the rights and remedies available to the Investment Manager and/or General Partner in the event of a partner defaulting on their obligations in the partnership. It includes measures such as compulsory transfer of interest, exclusion from income sharing, reduction of unpaid subscriptions, forced sale of interest, acceptance of late contributions with interest, immediate payment of unpaid subscriptions, application of distributions against amounts due, abandonment of interest, withholding of distributions, and legal enforcement of rights under the agreement and Delaware law.
doj/DataSet10/EFTA01392301.pdf
{"key_people":["Patrick Gerschel"],"document_type":"legal","key_locations":["Delaware"],"document_subtype":"Limited Partnership Agreement","key_organizations":["Glendower Access Secondary Opportunities IV (U.S.), L.P."]}