Side Letter to Limited Partnership Agreement
A side letter to a limited partnership agreement (LPA) between a limited partner/investor and a private equity fund structured as a limited partnership. The letter agreement includes sample language for certain rights granted to investors, such as most favored nation (MFN), co-investment, and information and advisory board rights. It also includes other provisions that can be modified to address the investor's needs, such as regulatory representations and confidentiality. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.
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