Principals intend that KUE will be their exclusive vehicle for equity investment
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This document is page 35 of a Private Placement Memorandum concerning an entity named 'KUE' (likely Knowledge Universe). It details legal stipulations regarding investments in subsidiaries, restricting the 'Principals' from bypassing 'Investors' in equity deals unless approved by an Independent Committee. It establishes KUE as the exclusive vehicle for the Principals' investments in pre-K through 12th-grade education and outlines strict transferability rules for Investor Units, requiring General Partner consent.
Entities connected to both Principals and KUE
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