GHL » Topics » Investment Size of Each Investor in Different Investment Portions

This excerpt taken from the GHL 8-K filed Apr 5, 2005.
Investment Size of Each Investor in Different Investment Portions. With respect to each class or series of securities of a Portfolio Company in which an Investment is made pursuant to Section 3.03(b),

     (i) it is understood that each Investor shall be required to make a Capital Contribution in respect of such Investment in such class or series in an amount determined in accordance with Section 5.02;

     (ii) if such Investment in such class or series is structured to consist of separate Investment Portions and the General Partner causes different groups of Investors to be Participating Investors in different Investment Portions, (A) no Investor shall be a Participating Investor in more than one Investment Portion with respect to the same Investment, and (B) any Investor that makes an aggregate Capital Contribution in accordance with clause (i) of this Section 3.03(c) with respect to one Investment Portion shall be deemed to have an Available Capital Commitment equal to zero for purposes of all other Investment Portions (if any) comprising such Investment; and

     (iii) the General Partner shall be permitted (but shall not be required) to make Capital Contributions in respect of one or more Investment Portions with respect to such Investment; provided that if the General Partner makes an aggregate Capital Contribution in accordance with clause (i) of this Section 3.03(c) with respect to such Investment Portion or Investment Portions, the General Partner shall be deemed to have an Available Capital Commitment equal to zero for purposes of all other Investment Portions (if any) comprising such Investment.

     (d)

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