Forfeiting Event
Forfeiting Event. With respect to a particular Participant who is a non-managing member of the Investment Manager, that such Participant (i) has committed an act of fraud, dishonesty, misrepresentation of breach of trust, (ii) has been convicted of a felony or any offense involving moral turpitude, (iii) has been found by any U.S. regulatory body or self-regulatory organization to have, or has entered into a consent decree determining that such member, violated any U.S. regulatory requirement or a rule of a...
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