Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / successor-proposal-letter-to-lps.docx
successor-proposal-letter-to-lps.docx
Parties
DRIFTWOOD CAPITAL MANAGEMENT LLC
Driftwood Absolute Return Fund Ltd
Harkness LLP
The Inc
Veltrano Asset Partners LLC
Fieldstone Capital Advisors LP
Halcyon Securities International Ltd
Whitfield LLP
Dates
July 15, 2024
March 15, 2017
June 14, 2024
June 3, 2024
June 10, 2024
May 31, 2024
September 8, 2024
August 23, 2024
July 29, 2024
December 31, 2023
Amounts
$2.87
$28.7
$400
$1.2
$14.35
$800
$8.61
$22.96
$2,870,000,000
$150.53
Obligations
Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Partnership Agreement
04(b) would provide as follows: • If only one Successor Key Person ceases active involvement (through death, permanent disability, voluntary departure, termination, or inability to devote substantially all of his or her professional time for seven (7) or more consecutive calendar days absent prior written notice), a one-hundred-eighty (180) calendar-day Replacement Period shall commence on the date of such cessation
Whitmore's accrued but unvested carried interest shall vest immediately upon the effectiveness of the Amendment, and the remaining fifty percent (50%) shall vest ratably over a thirty-six (36) month period commencing on the date of the Key Person Event (June 10, 2024)
Any such revocation must clearly identify the Limited Partner and state that the Limited Partner wishes to revoke its previously delivered consent
Revocations delivered after the General Partner's certification that the Requisite Consent Threshold has been achieved shall be of no force or effect
The fees and expenses of Wexford Crane & Albright LLP incurred in connection with its representation of the IAC shall be borne by the Fund in accordance with Section 9