Net Profit (32) calculations will be run monthly by Opus Fund Administrators and a copy of the monthly financials will be provided to each of the Class A Limited Partners. If there is a Net Profit for a given month, 100% of the Net Profit will be paid to the General Partner, which will be the first and only top line Gross Income from the Fund for the General Partner for the month and will be used to cover the General Partner’s operating overhead.
A Loan Loss Reserve will be maintained by the General Partner at all times in the form of either cash or a line of credit. The mark will be set at 1% of the total Fund AUM and will be contributed to monthly in increments of no more than 1/12 of 1% of the total Fund AUM. Any surplus will be released back to the General Partner.