that the cumulative net income of KUE for all
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then KUE will distribute cash available for distribution
the amount payable to KULG by KUE will be reduced
the Principals (through KUE LLC) may receive securities with high-voting rights
and (2) KUE or any direct or indirect subsidiary or joint venture
and (e) admissions of any affiliate of the Principals to KUE as a Limited Partner on
KUE LLC may require Investors to sell a pro rata portion (based on the percentage of
one of the Agents (as described in ""Knowledge Universe Education (KUE) —
were used to repay existing debt of KUE to entities controlled by Michael Milken.
KUE is not a taxable entity and incurs no U.S. federal income
each Partner will be allocated its share of KUE's income or loss
depending on the type of non-U.S. investments KUE makes
the KUE management team will consist of the following
the General Partner may cause an Investor's interest in KUE to be
were used to repay existing debt of KUE to entities controlled by Michael Miiken.