This excerpt taken from the GHL 8-K filed Apr 5, 2005.
. Additional Investment Situations. If, in connection with an investment opportunity in respect of Private Equity Securities of a Portfolio Company, the Partnership (and the Parallel Investors, if any) and each Related Fund commit to invest in an amount of such Private Equity Securities, and the amount of Private Equity Securities offered to all such Persons with respect to such investment opportunity (which amount, in the case of the Partnership and the
Parallel Investors (if any), shall be determined, for purposes of this Section 3.07, without reference to Section 3.02) exceeds the amount so committed to be invested, the General Partner may, in its discretion, present to any other Person or Persons (who may include any Partner, in which case any investment by such Partner pursuant to this Section 3.07 shall be in addition to its Capital Contributions, if any, required under this Agreement) the opportunity to make an investment outside the Partnership (which shall not constitute an Investment under this Agreement) in all or any portion of the amount of such Private Equity Securities remaining after taking into account the Investment, if any, by the Partnership and Parallel Investors, if any, and the investments, if any, by the Related Funds. Any such investment by any other Person shall be in an amount of securities and on terms determined by the General Partner in its discretion and accepted by such Person desiring to make such investment.
Any amount invested by any Investor pursuant to this Section 3.07 shall in no way affect the Available Capital Commitment of such Investor and any amount so invested shall not constitute a Capital Contribution for purposes of this Agreement.