Common use of Non-Voting Interests of Registered Fund Limited Partners Clause in Contracts

Non-Voting Interests of Registered Fund Limited Partners. A Limited Partner interest owned by an investment fund registered as an investment company under the 1940 Act (a “Registered Fund Limited Partner”), or by an Affiliate of a Registered Fund Limited Partner, or by a person controlling, controlled by or under common control with a Registered Fund Limited Partner, shall be a Non-Voting Interest; provided, however, that such Non-Voting Interest shall be permitted to vote on matters with respect to which voting rights are not considered to be “voting securities” as defined under Section 2(a)(42) of the 1940 Act. Except as provided in this Section 8.04, an interest held by a Registered Fund Limited Partner as a Non-Voting Interest shall be identical in all regards to all other interests held by Limited Partners.

Non-Voting Interests of Registered Fund Limited Partners. A Limited Partner interest owned by an investment fund registered as an investment company under the 1940 Act (a “"Registered Fund Limited Partner”"), or by an Affiliate of a Registered Fund Limited Partner, or by a person controlling, controlled by or under common control with a Registered Fund Limited Partner, shall be a Non-Voting Interest; provided, however, that such Non-Voting Interest shall be permitted to vote on matters with respect to which voting rights are not considered to be “"voting securities” " as defined under Section 2(a)(42) of the 1940 Act. Except as provided in this Section 8.049.04, an interest held by a Registered Fund Limited Partner as a Non-Voting Interest shall be identical in all regards to all other interests held by Limited Partners.

Non-Voting Interests of Registered Fund Limited Partners. A Limited Partner interest owned by an investment fund registered as an investment company under the 1940 Investment Company Act of 1940, as amended (a “"Registered Fund Limited Partner”"), or by an Affiliate affiliate of a Registered Fund Limited Partner, or by a person controlling, controlled by or under common control with a Registered Fund Limited Partner, shall be a Non-Voting Interest; provided, however, that such Non-Voting Interest shall be permitted to vote on matters with respect to which voting rights are not considered to be “"voting securities” " as defined under Section 2(a)(42) of the 1940 ActInvestment Company Act of 1940, as amended. Except as provided in this Section 8.048.12, an interest held by a Registered Fund Limited Partner as a Non-Voting Interest shall be identical in all regards to all other interests held by Limited Partners.