Common use of AEOI Clause in Contracts

AEOI. (a) Each Limited Partner: (i) shall provide such information and/or documentation concerning itself and its direct and indirect beneficial owners (if any), as and when requested by the General Partner, as the General Partner, in its sole discretion, determines is necessary or advisable for the Partnership to comply with its obligations under AEOI; and (ii) hereby waives any provision of law of any non-U.S. jurisdiction that would, absent a waiver, prevent the Partnership’s compliance with any FFI Agreement (as defined under AEOI), including such Limited Partner’s provision of any requested information and/or documentation. (b) If a Limited Partner does not comply with Section 4.10(a) (an “LP AEOI Compliance Failure”), the General Partner may, in its sole and absolute discretion and in addition to all other remedies available at law, in equity or under this Agreement, (i) exclude in whole or part such Limited Partner from participating in Investments, and/or (ii) cause such Limited Partner to withdraw from the Partnership in whole or in part and become an investor in a Parallel Trading Vehicle or a new Parallel Fund formed at the expense of such Limited Partner (with the expenses of such withdrawal and transfer and of any such vehicle borne by such Limited Partner on an ongoing basis).

Appears in 3 contracts

Sources: Limited Partnership Agreement (Apollo IG Core Replacement, L.P.), Amended and Restated Agreement of Limited Partnership (Apollo IG Core Replacement, L.P.), Limited Partnership Agreement (Apollo IG Core Replacement, L.P.)