| Date | Event Type | Description | Location | Actions |
|---|---|---|---|---|
| 2008-07-17 | N/A | Code Enforcement Board Meeting regarding Case # 08-2432. | Town of Palm Beach | View |
| 2008-04-17 | N/A | Code Enforcement Board Meeting | Town of Palm Beach | View |
This document appears to be page 68 of a confidential legal or financial agreement, likely a Private Placement Memorandum (PPM) for an investment fund. It outlines various risks to investors, including the potential for the Fund's assets to be seized to satisfy liabilities, litigation risks, and broad indemnification clauses protecting the General Partner and managers. It explicitly states that Limited Partners (investors) generally have no right to withdraw from the Fund and may be required to return previous financial distributions to cover indemnification obligations. The document bears a House Oversight Committee Bates stamp.
This document is page 55 of a confidential legal agreement, likely a Limited Partnership Agreement for an investment fund. It details the indemnification clauses, outlining that the Fund will cover legal costs and liabilities for partners, board members, and employees ('indemnitees') unless they are proven to have acted in bad faith, committed gross negligence, intentional misconduct, or felonies. It specifically limits indemnification for directors of portfolio companies after the Fund has exited the investment. The document bears a 'HOUSE_OVERSIGHT' stamp, indicating it is part of a congressional investigation.
This document appears to be page 52 of a confidential partnership agreement or offering memorandum, marked with a House Oversight control number. It outlines governance mechanisms for an investment fund, including liability insurance coverage, the recall of distributions, 'Key Person' clauses triggered by the loss of Principals, and voting thresholds for Limited Partners to terminate the investment period or remove the General Partner. The text defines specific percentages (85%, 66 2/3%) required for investor actions against the fund management.
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