Common use of Certain Permitted Investments Clause in Contracts

Certain Permitted Investments. Until such time as the Shares are Listed, the Company may invest in Joint Ventures with an Affiliated Person if a majority of Directors (including a majority of Independent Directors) not otherwise interested in the transaction, approve such investment as being fair and reasonable to the Company and on terms substantially similar to the terms of third parties making comparable investments.

Certain Permitted Investments. Until such time as the Shares are Listed, the The Company may invest in Joint Ventures with an Affiliated Person if a majority of Directors (including a majority of Independent Directors) not otherwise interested in the transaction, approve such investment as being fair and reasonable to the Company and on terms substantially similar to the terms of third parties making comparable investments.

Certain Permitted Investments. Until such time as the Shares Units are Listed, the Company may invest in Joint Ventures with an Affiliated Person if a majority of Directors Managers (including a majority of Independent DirectorsManagers) not otherwise interested in the transaction, approve such investment as being fair and reasonable to the Company and on terms substantially similar to the terms of third parties making comparable investments.