Restrictions on Principal Transactions. Without the prior written consent of UST, the Partnership shall not directly acquire Investments from, nor sell Investments to (including, for the avoidance of doubt, any such case in a cross trade), (i) the General Partner, (ii) any Subadvisor, (iii) any Carry Recipient, (iv) any Identified Owner, (v) any affiliate of any Person set forth in clauses (i) through (iv) (which, for this purpose, shall also include any entity in which such Person, the Key Persons and their respective Affiliates hold at least 5% of any class of equity or debt securities), (vi) any other PPIF or (vii) any Private Investor that, together with its Affiliates, indirectly represents 9.9% or more of the aggregate Capital Commitments of the Private Vehicles or any Affiliate thereof. The Partnership may not interpose any intermediary entities in a transaction or series of transactions for the purpose of circumventing the restriction set forth in this Section 1.8(a).
Appears in 10 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement, Limited Partnership Agreement
