Common use of Placement Agent Fees Clause in Contracts

Placement Agent Fees. (a) The Investor has asked the General Partner to confirm and General Partner does confirm that no placement fees, finder’s fees or commissions have been paid by or on behalf of the General Partner or its Affiliates to any third party placement agent, finder, individual or entity that are not Affiliates, “in connection with Investor’s investment” (as defined below), or which could be charged to the Investor directly or indirectly. (b) To the actual knowledge of the General Partner, as of the date hereof, none of (i) the General Partner, (ii) any placement agent, solicitor, broker-dealer or other similar “agent” (as defined below) engaged by the General Partner in connection with the Offering or (iii) any Affiliate of the General Partner, has a commercial, investment, or business or other similar relationship with a Covered Person (as defined below), or within the last six (6) months has engaged in any financial or other transaction with a Covered Person (for the avoidance of doubt, other than the relationships and transactions contemplated in this Agreement, the Partnership Agreement, and the Subscription Agreement). “Covered Person” means: (i) any Enumerated Person (as defined below), (ii) anyone known to the General Partner to be an immediate family member of an Enumerated Person (i.e., a spouse, parent, child or sibling), and (iii) anyone known to the General Partner to be an Affiliate of any of the foregoing. “Enumerated Person” means (i) any member of the KRS Board of Trustees as of the date hereof and as set forth on

Placement Agent Fees. (a) The Investor has asked the General Partner to confirm and General Partner does confirm that no placement fees, finder’s fees or commissions have been paid by or on behalf of the General Partner or its Affiliates to any third party placement agent, finder, individual or entity that are not Affiliates, “in connection with Investor’s investment” (as defined below), or which could be charged to the Investor directly or indirectly. (b) To the actual knowledge of the General Partner, as of the date hereof, none of (i) the General Partner, (ii) any placement agent, solicitor, broker-dealer or other similar “agent” (as defined below) engaged by the General Partner in connection with the Offering or (iii) any Affiliate of the General Partner, has a commercial, investment, or business or other similar relationship with a Covered Person (as defined below), or within the last six (6) months has engaged in any financial or other transaction with a Covered Person (for the avoidance of doubt, other than the relationships and transactions contemplated in this Agreement, the Partnership Agreement, and the Subscription Agreement). “Covered Person” means: (i) any Enumerated Person (as defined below), (ii) anyone known to the General Partner to be an immediate family member of an Enumerated Person (i.e., a spouse, parent, child or sibling), and (iii) anyone known to the General Partner to be an Affiliate of any of the foregoing. “Enumerated Person” means (i) any member of the KRS Board of Trustees as of the date hereof and as set forth onon the following webpage: ▇▇▇▇▇://▇▇▇▇▇.▇▇.▇▇▇/governance/Trustees/Pages/Directors.aspx, and (ii) any person who is a staff member or employee of the Investor who actively participated in discussions relating to Investor’s investment in the Partnership.