Event Details
Date Unknown
Description
Proposed Drag-Along Transfer
Participants (3)
| Name | Type | Mentions | |
|---|---|---|---|
| Proposed Purchaser | person | 0 | View Entity |
| local and regional investors | person | 66 | View Entity |
| KUE | organization | 219 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_024560.jpg
This document (page 127 of a House Oversight production) is a section of a Limited Partnership Agreement or Private Placement Memorandum for KUE LLC. It details corporate governance mechanisms including 'Drag-Along Rights' forcing investors to sell under certain conditions, provisions for listing investor units on securities exchanges (requiring a $100 million holding threshold), future capital raising rights, and strict requirements for periodic financial reporting and record-keeping. The document references the 'ELP Law' and outlines the duties of the General Partner.
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