Common use of Discretionary Special Distributions Clause in Contracts

Discretionary Special Distributions. Subject to the provisions of Subsection 6.5(b)(xi), the General Partner may from time to time cause the Partnership to make other distributions to the Partners, provided that any such distribution is made pro rata in accordance with each Partner’s Percentage Interest.

Appears in 3 contracts

Samples: Venture Agreement (Penske Automotive Group, Inc.), Venture Agreement (Penske Automotive Group, Inc.), Penske Automotive Group, Inc.

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Discretionary Special Distributions. Subject to the provisions of Subsection 6.5(b)(xi6.5(c)(ix), the General Partner may from time to time cause the Partnership to make other distributions to the Partners, provided that any such distribution is made pro rata in accordance with each Partner’s Percentage Interest.

Appears in 1 contract

Samples: Penske Automotive Group, Inc.

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