💰 Financial Record
paymentTransaction Details
Amount
USD
$2,500,000.0
Payer (From)
Knowledge Learning Corporation
Linked to Knowledge Learning Corporation
Payee (To)
Unspecified Entity
Linked to Unspecified entity related to the plane
Description
Fee payable pursuant to an existing management services agreement. If paid to non-KUE subsidiary, it reduces the $20m fee.
Additional Details
Date string:
Unspecified (Existing)
Amount string:
2500000
Source document:
HOUSE_OVERSIGHT_024465.jpg
📄 Source Document
HOUSE_OVERSIGHT_024465.jpg
ESTATE Collection
Document Summary
This document is page 32 of a legal agreement outlining financial and governance structures for an entity named KUE. It details a $20 million annual 'Fixed Overhead Payment' from KUE to KULG starting July 1, 2006, covering salaries and administrative costs. It also defines voting rights, establishing the General Partner as the manager while limiting the voting power of Investors (Limited Partners), except in specific amendment scenarios involving 'Class A' and 'Class B' shares.
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