📄 Extracted Text (534 words)
SOP III -1081 Southern Financial LLC
13.8 Non-Waiver. No provision of this Agreement shall be deemed to have
been waived unless such waiver is given in writing, and no such waiver shall be deemed
to be a waiver of any other or further obligation or liability of the party or parties in
whose favour such waiver was given.
13.9 Applicable Law and Submission to Jurisdiction. This Agreement and the
rights and obligations of the parties hereunder shall be governed by and construed and
enforced in accordance with the laws of England and Wales applicable to agreements
made and to be performed wholly within that jurisdiction, except that the concept of
"gross negligence" shall be understood and interpreted in accordance with the laws of the
State ofDelaware in the United States of America. Unless the General Partner or the
Manager otherwise agree in writing, any legal action or proceeding with respect to this
Agreement (including non-contractual disputes or claims) may be brought in the courts of
England and Wales, and, by execution and delivery of this Agreement, each Partner
hereby irrevocably accepts for itself and in respect of its property, generally and
unconditionally, the non-exclusive jurisdiction of the aforesaid courts. Unless the
General Partner or the Manager otherwise agrees in writing, each Partner hereby further
irrevocably waives any claim that any such courts lack personal jurisdiction over it, and
agrees not to plead or claim, in any legal action proceeding with respect to this
Agreement in any of the aforementioned courts, that such courts lack personal
jurisdiction over it.
13.10 Confidentiality.
(a) General. Each Limited Partner shall keep, and shall cause the member of
the Advisory Committee that was nominated by such Limited Partner to keep,
confidential and shall not disclose without the prior written consent of the General
Partner any information with respect to the Fund, any Related Investment Fund, any
Portfolio Investment, proposed Portfolio Investment or any Affiliate of any Portfolio
Investment or proposed Portfolio Investment, provided that a Limited Partner may
disclose any such information (i) as has become generally available to the public other
than as a result of the breach of this Section 13.10 by such Limited Partner or any agent
or Affiliate of such Limited Partner, (it) as may be required to be included in any report,
statement or testimony required to be submitted to any municipal, state or national
regulatory body having jurisdiction over such Limited Partner, (iii) as may be required in
response to any summons or subpoena or in connection with any litigation, (iv) to the
extent necessary to comply with any law, order, regulation or ruling applicable to such
Limited Partner, (v) to its employees, directors and professional advisors (including such
Limited Partner's auditors and counsel and, for an ERISA Partner, to such Persons as are
necessary for the proper administration of the relevant ERISA plan or are entitled to
receive such information under section 101(k) ofERISA), provided that such Persons are
advised of the confidentiality obligations contained herein and, in the case of a disclosure
pursuant to section 101(k) of ERISA, such information is not proprietary information, as
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504964304v01
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0109041
CONFIDENTIAL SDNY GM_00255225
EFTA01452144
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EFTA01452144
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