Investment Period. Prior to the expiration of the Investment Period, additional amounts may be drawn down pursuant to Article 3 for any purpose contemplated under this Agreement. After the expiration of the Investment Period, the Company will not call for or accept, and the Common Unitholders shall not be obligated to make, any drawdowns other than: (a) to pay, and/or establish reserves for, actual or anticipated Company expenses, liabilities, including the payment or repayment of Financings or other obligations, contingent or otherwise (including the Management Fee, Distribution and Servicing Fee and Transfer Agency Agreement fee), whether incurred before or after the end of the Investment Period; (b) to fulfill investment commitments made, approved, identified or reserved for by the Investment Manager prior to the expiration of the Investment Period; (c) to engage in hedging transactions; or (d) to make additional Investments in existing Portfolio Funds (each, an “Additional Investment”) (including hedging transactions related to an Additional Investment).
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 (B) LLC), Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 (A) LLC), Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 (A) LLC)
Investment Period. Prior to the expiration of the Investment Period, additional amounts may be drawn down pursuant to Article 3 for any purpose contemplated under this Agreement. After the expiration of the Investment Period, the Company will not call for or accept, and the Common Unitholders shall not be obligated to make, any drawdowns other than:
(a) to pay, and/or establish reserves for, actual or anticipated Company expenses, liabilities, including the payment or repayment of Financings or other obligations, contingent or otherwise (including the Management Fee, Distribution and Servicing Fee and Transfer Agency Agreement fee), whether incurred before or after the end of the Investment Period;
(b) to fulfill investment commitments made, approved, identified or reserved for by the Investment Manager prior to the expiration of the Investment Period;
(c) to engage in hedging transactions; or
(d) to make additional Investments in existing Portfolio Funds (each, an “Additional Investment”) (including hedging transactions related to an Additional Investment).
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 LLC), Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 LLC), Limited Liability Company Agreement (Goldman Sachs Private Markets Fund 2018 LLC)
