💰 Financial Record
paymentTransaction Details
Amount
USD
$20,000,000.0
Payer (From)
KUE and/or subsidiaries
Linked to KUE
Payee (To)
KULG
Linked to KULG
Transaction Date
July 01, 2006
Description
Fixed Overhead Payment for reimbursement of expenses, salaries, bonuses, and administrative costs.
Additional Details
Date string:
Annually, beginning July 1, 2006
Amount string:
20000000
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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