Private Investments. Notwithstanding anything in the Agreement to the contrary, the following shall apply with respect to Private Investments:
Private Investments. Treasury staff may freely invest in shareholdings and other securities unless the nature of their work is such as to require constraints on this. They must not be involved in taking any decision which could affect the value of their private investments, or the value of those on which they give advice to others; or use information acquired in the course of their work to advance their private financial interests or those of others. All staff should familiarise themselves with the rules and guidance set out in Dealings in Securities and Other Assets. Declaration of Business Interests Staff must therefore declare to their Team Leader or Senior Management any business interests (including directorships) or holdings of shares or other securities which they or members of their immediate family (spouse, including partner where relevant, and children) hold, to the extent which they are aware of them, which they would be able to further as a result of their official position. They must comply with any subsequent instructions from the Treasury regarding the retention, disposal or management of such interests. Declaration of Bankruptcy, Insolvency, Arrest or Criminal Offence Staff who become bankrupt or insolvent must report the fact to HR. Staff must let HR know if they are arrested and refused bail, or if they are convicted of any criminal offence. This does not apply to a traffic offence unless an official car was involved, or the penalty included imprisonment or disqualification from driving.
Private Investments. Parent shall use its commercially reasonable efforts to obtain the Additional Private Investment prior to the Closing on terms reasonably acceptable to the Company, and the Company agrees to, and shall cause its Subsidiaries and Affiliates to, reasonably cooperate with Parent in connection therewith.
Private Investments. The General Partner may, from time to time, invest the capital of the Partnership in Private Investments and carry such investments in a side pocket memorandum account and value those investments at fair value or cost as determined by the General Partner. Limited Partners who withdraw from the Partnership will not be able to withdraw their interest in any of their Private Investment Sub-Account(s) until a Recognition Event occurs with respect to such Private Investment, such as a cash sale, an exchange for marketable securities, any in-kind distribution or an Initial Public Offering. Consistent with this approach, the General Partner will not take any performance allocation with respect to any Private Investment until the recognition event occurs with respect thereto. In addition, any distribution to such withdrawing Limited Partner shall be net of any costs or expenses owed either the Partnership or the General Partner. A “Recognition Event” includes, but is not limited to: (i) a sale of the Private Investment, (ii) an exchange of the Private Investment for an investment that is not a Private Investment (iii) any in-kind distribution of the Private Investment to the Limited Partners, or (iv) when a market quote becomes readily available or some other event occurs where quotations are available individually.
Private Investments. Treasury staff may freely invest in shareholdings and other securities unless the nature of their work is such as to require constraints on this. They must not be involved in taking any decision which could affect the value of their private investments, or the value of those on which they give advice to others; or use information acquired in the course of their work to advance their private financial interests or those of others. All staff should familiarise themselves with the rules and guidance set out in Dealings in Securities and Other Assets. Declaration of Business Interests Staff must therefore declare to their Team Leader or Senior Management any business interests (including directorships) or holdings of shares or other securities which they or members of their immediate family (spouse, including partner where relevant, and children) hold, to the extent which they are aware of them, which they would be able to further as a result of their official position. They must comply with any subsequent instructions from the Treasury regarding the retention, disposal or management of such interests. Declaration of Bankruptcy, Insolvency, Arrest or Criminal Offence Staff who become bankrupt or insolvent must report the fact to HR. Staff must let HR know if they are arrested and refused bail, or if they are convicted of any criminal offence. This does not apply to a traffic offence unless an official car was involved, or the penalty included imprisonment or disqualification from driving. ANNEX C Conduct The Treasury sets itself a high standard which goes beyond the normal standards of personal honesty and integrity. This Section of the intranet specifically relates to the manner in which Treasury staff should conduct themselves and use information they obtain in the course of official duties.
Private Investments. Occasionally, the Firm provides advice, due diligence and/or ongoing monitoring on private investments. Fees for these services are charged based on the initial capital investment, the K-1 valuation or the valuation provided by the General Partner, whichever is most recent. The value of the private investments are included in the billable AUM and fees are calculated per the agreed to schedule. Exhibit C Approval to Receive Documents Electronically To document our records, please indicate below your approval to receive information and documents electronically. Such information would typically include account statements, Form ADV amendments and other documents that may be furnished in accordance with our policies, regulatory requirements or for informational purposes. Account Name: □ Yes, I agree to receive documents electronically Current Email Address of Record □ No, I require documents in hard copy format
