Relationship Details

This document is page 122 of a legal agreement, likely a Limited Partnership Agreement, governing an entity identified as 'KUE'. It details the complex priority structures for allocating losses and distributing profits among General Partners, Common Limited Partners, and Profits Participation Limited Partners. It specifically outlines the General Partner's authority to override standard distribution provisions to achieve a specific economic arrangement and establishes rules for 'Tax Distributions' to occur on or before April 1st annually.

This document is page 120 of a legal agreement (stamped HOUSE_OVERSIGHT_024553) detailing the financial distribution waterfall for a partnership entity referred to as 'KUE'. It defines the priority of payments to the General Partner, Common Limited Partners, and Profits Participation Limited Partners, establishing an 8% per annum 'Preferred Return'. It also references 'KULG LLC-1' as an entity responsible for allocating profit participation units to employees and agents.