HOUSE_OVERSIGHT_024550.jpg
2.75 MB
Extraction Summary
2
People
6
Organizations
0
Locations
1
Events
2
Relationships
3
Quotes
Document Information
Type:
Legal/financial document (offering memorandum or partnership agreement)
File Size:
2.75 MB
Summary
This document page, numbered 117 and stamped HOUSE_OVERSIGHT_024550, outlines the financial structure and governance of a partnership involving 'KUE' and 'KULG'. It details the distribution of 'Profits Participation LP Units', limiting the Principals' holdings to 9% and reserving portions for employees and agents. It also defines the admission of new partners (Section 14.4), specifically noting that investors entering after September 30, 2006, must pay an additional 0.67% monthly accrual.
People (2)
| Name | Role | Context |
|---|---|---|
| Principals | Management/Owners |
Individuals whose holding of KUE Partnership Interests is limited to 9%.
|
| Employees, officers, directors, consultants and agents | Beneficiaries |
Groups eligible to receive Profits Participation LP Units designated by KULG.
|
Organizations (6)
| Name | Type | Context |
|---|---|---|
| KULG |
Parent/Designating entity.
|
|
| KULG LLC-1 |
Specific entity undertaking limitations on holdings.
|
|
| KUE |
The partnership entity being governed/offered.
|
|
| Independent Committee |
Governance body required to vote on increasing Profits Participation LP Units.
|
|
| General Partner |
Entity controlling KUE with nominal economic interest.
|
|
| House Oversight Committee |
Source of the document (via Bates stamp).
|
Timeline (1 events)
September 30, 2006
Cutoff date after which new investors must pay an additional accrued amount.
N/A
Investors
Relationships (2)
General Partner... which, in turn, will control KUE.
designated by KULG are members... will be the holder of the Profits Participation LP Units
Key Quotes (3)
"KULG LLC-1 will undertake that no more than 9% of the KUE Partnership Interests outstanding immediately after the final closing of the offering or thereafter will be held directly or indirectly by or for the account of the Principals..."Source
HOUSE_OVERSIGHT_024550.jpg
Quote #1
"Investors admitted during the Offering Period after the first closing of this offering and after September 30, 2006 will pay an additional amount accruing at a rate of 0.67% per month..."Source
HOUSE_OVERSIGHT_024550.jpg
Quote #2
"The Class A Shares are, however, intended to provide Unit holders with certain voting and other governance rights in the General Partner... which, in turn, will control KUE."Source
HOUSE_OVERSIGHT_024550.jpg
Quote #3
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document