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efta-efta01394277DOJ Data Set 10CorrespondenceEFTA Document EFTA01394277
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GLDUSI 29 OF Enterprises
Glendower Capital Secondary Opportunities Fund IV. LP
Appendix 4 Key Definitions
25° Test
As defined in Section 9 Certain Legal. ERISA and Tax Considerations.
Administration
Agreement
The administrative services agreement to be entered into at or around the date of the First
Closing, among the Administrator and the Fund.
Advance
An amount equal to 9999% of a Limited Partner's Commitment which may be drawn down
from time to time in the form of advances to the Fund
Advisers Act
The U.S. Advisers Act of 1940, as amended
AlFfilD
The EU Alternative Investment Fund Managers Directive (2011/6I/EU)
Alternative Vehicle
An alternative investment vehicle through which the Manager will have the right in connection
with any investment. to direct the Advances of some or all of the Limited Partners to be made.
Benefit Plan Investor
As defined in Section 9. Certain Legal, ERISA and Tax Considerations.
BEPS
Base erosion and profit shifting.
Brex it
As defined in Section 7 Risk Factors
Carried Interest
The distributions to the Special Limited Partner described in sub-paragraphs (Iii) and (iv) of
the 'Distributions" paragraph of Section 6 Summary of Principal Terms and Conditions.
CFCs
As defined in Section 9. Certain Legal. ERISA and Tax Considerations
CFTC
The U.S Commodity Futures Trading Commission.
Closing
The First Closing and one or more additional closings of the Fund to admit additional
Investors.
Code
The U.S. Internal Revenue Code of 1986. as amended.
Commitment
A Limited Partners commitment to the Fund.
Complementary Fund
A multiple third party investor fund with investment objectives and strategies that overlap with
the Fund but are dedicated to pursuing investment opportunities relating to specific asset
categones or strategies
Covered Person
CPO
Each of the General Partner, the Manager, their respective affiliates, the Fund Advisory
Committee members, their respective affiliates, the directors, officers, partners, members,
employees or agents of each of them
A 'commodity pool operator' for purposes of CFTC Rule 4.13(a)(3).
Data Cont roller
Glendower Capital.
Conlidennal Private Placement Memorandum
102
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
DB-SDNY-0100275
CONFIDENTIAL
SDNY_GM_00246459
EFTA01394277
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