Common use of General Partner Interests Clause in Contracts

General Partner Interests. Schedule 4.22 of Seller’s Disclosure Schedules (the “General Partner Interests Schedule”) sets forth a true and complete list of all limited partnerships and limited liability companies that are private equity funds or other private equity investment vehicles in which any Company or Transferred Subsidiary is acting as a general partner, managing member or in a similar capacity (collectively, the “General Partner Interests”). Each Company and Transferred Subsidiary has, in all material respects, properly administered and satisfied all of its obligations as general partner with respect to all General Partner Interests in accordance with the terms of their limited partnership agreements, limited liability company agreements and other governing Contracts and applicable Law. No Company or Transferred Subsidiary is, and to the Knowledge of Seller, no other Person is, in material breach or material default in the performance, observance or fulfillment of any obligation, covenant, condition or other term under any limited partnership agreement or other governing Contract relating to a General Partner Interest. No Company or Transferred Subsidiary has given or received written notice to or from any Person relating to any such alleged or potential material default in a General Partner Interest that has not been cured.