📄 Extracted Text (399 words)
HUBUS133 Alpha Group Capital
such Limited Partner will be required to submit a separate
withdrawal notice for the next Withdrawal Date as of which
it wishes to withdraw the additional amount. Subsequent
withdrawal requests will not be entitled to any priority on
subsequent Withdrawal Dates and will be further subject to
the Applicable Percentage and any other applicable
limitation.
The Applicable Percentage will not apply to a withdrawal
made by a Limited Partner to the extent that such withdrawal
is offset by capital contributions from such Limited Partner
or any Related Investor (as defined below) (each such capital
contribution, an "Offsetting Contribution") accepted by the
Partnership (and, unless the General Partner determines
otherwise, by the Offshore Fund, the Levered Fund, or any
other fund that invests most of its capital in the Underlying
Funds and/or one or more Trading Vehicles) as of either (i)
the beginning of the calendar month ending with the
proposed Withdrawal Date or (ii) the beginning of either of
the two calendar months immediately following the proposed
Withdrawal Date; provided that in such case, an executed
subscription agreement, identified by the withdrawing
Limited Partner, as well as by the Related Investor making
such capital contribution, as an Offsetting Contribution, is
received and accepted by the Partnership no later than such
Withdrawal Date.
If an Offsetting Contribution was to be received as of the
beginning of either of the two calendar months immediately
following a Withdrawal Date, then 10% of the withdrawal
proceeds will be retained pending receipt of such Offsetting
Contribution. If such Offsetting Contribution is not received
by the end of the fifth business day of the applicable calendar
month, the 10% of withdrawal proceeds so retained will be
kept by the Partnership as liquidated damages for the costs
and expenses incurred in connection with such defaulted
Offsetting Contribution, as well as for such withdrawal
having been excepted from the Applicable Percentage. The
withdrawing Limited Partner will be required to
acknowledge such liability in its withdrawal request.
The General Partner may determine, but will be under no
obligation, to accept as an Offsetting Contribution a capital
contribution which is not timely received if the General
Partner determines that the delay was due to circumstances
beyond the control of the investor submitting such Offsetting
Contribution.
DOC ID- 10746057.132 - 19 -
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0085001
CONFIDENTIAL SONY GM_00231185
EFTA01384632
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EFTA01384632
Dataset
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document
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1