📄 Extracted Text (507 words)
SOP III - 1081 Southern Financial LLC
or anti-terrorist laws, rules, regulations, directives or special measures, including the
actions contemplated by the Deeds of Adherence.
13.18 Non-Recognition of Trust Arrangements. The General Partner shall treat
those Limited Partners registered as limited partners of the Fund on the Register as the
Limited Partners under this Agreement and shall not (other than as agreed otherwise
herein) recognise the beneficiaries of any trust arrangement or other arrangement under
which any such Limited Partner may hold its Interest as having any rights in relation to
the Fund or under this Agreement whether or not such arrangement shall have been
notified to it.
13.19 Counsel. Each Limited Partner hereby acknowledges and agrees that
Debevoise & Plimpton LLP and any other law firm retained by the General Partner and
the Manager in connection with the organisation of the Fund, the offering of Interests, the
management and operation of the Fund, or any dispute between the General Partner and
any Limited Partner, is acting as counsel to the General Partner and as such, to the fullest
extent permitted by law, does not represent or owe any duty to such Limited Partner or to
the Limited Partners as a group in connection with such retention. Each Limited Partner
further acknowledges that Debevoise & Plimpton LLP shall, to the fullest extent
permitted by law, owe no direct duties to such Limited Partner. In the event that any
dispute or controversy arises between any Limited Partner and the Fund, or between any
Limited Partner and the General Partner, the Manager and/or any of their Affiliates that
Debevoise & Plimpton LLP represents, then each Limited Partner agrees that Debevoise
& Plimpton LLP may represent the Fund, the General Partner, the Manager and/or their
Affiliates in any such dispute or controversy to the extent permitted by the New York
Lawyer's Code of Professional Responsibility or similar rules in any other jurisdiction,
and each Limited Partner hereby consents to such representation.
13.20 Currency. The term "dollar" and the symbol "$", wherever used in this
Agreement, shall mean the U.S. dollar.
13.21 Deed. It is the intention of the parties to this Agreement that this
Agreement be executed as a deed.
13.22 Counterparts- Signatures. This Agreement may be executed in any
number of counterparts, each of which shall be deemed an original and all of which taken
together shall constitute a single agreement. Any signature on the signature page of this
Agreement may be an original or a fax or electronically transmitted signature.
13.23 Agent for Service. Unless otherwise agreed by the General Partner, each
of the Limited Partners not resident in the United Kingdom shall, by signing a Deed of
Adherence and unless otherwise provided in such Limited Partner's Deed of Adherence,
be treated as having appointed the Manager as its agent for the service of process in
England and Wales for any matter or dispute arising out of or in connection with this
107
50496904v01
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0108481
CONFIDENTIAL SDNY GM_00254885
EFTA01451709
ℹ️ Document Details
SHA-256
71f67eff81e8a395d24ea9df217fd66ced27851ea8502c9614e06317b5fd48ca
Bates Number
EFTA01451709
Dataset
DataSet-10
Document Type
document
Pages
1
Comments 0