Common use of Selection of the Advisory Committee Clause in Contracts

Selection of the Advisory Committee. The Partnership shall have an Advisory Committee (the “Advisory Committee”) consisting of five (5) members. Of the five (5) Advisory Committee members, three (3) shall be designated by PTLC (each, a “Penske Committee Member”) and, subject to Section 9.5(d), one (1) shall be designated by the GE Representative Partner (a “GE Committee Member”) and one (1) shall be designated by MBK CV (the “Mitsui Committee Member”). Schedule B annexed hereto sets forth the members of the Advisory Committee as of the Effective Time.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Penske Automotive Group, Inc.)

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Selection of the Advisory Committee. The Partnership shall have an Advisory Committee (the “Advisory Committee”) consisting of five six (56) members. Of the five six (56) Advisory Committee members, three four (34) shall be designated by PTLC (each, a “Penske PTLC Committee Member”) and, subject to Section 9.5(d), one (1) shall be designated by PAG (the GE Representative Partner (a GE PAG Committee Member”) and one (1) shall be designated by MBK USA CV (the “Mitsui Committee Member”). Schedule B annexed hereto sets forth the members of the Advisory Committee as of the Effective Time.

Appears in 1 contract

Samples: Limited Partnership Agreement (Penske Automotive Group, Inc.)

Selection of the Advisory Committee. The Partnership shall have an Advisory Committee (the “Advisory Committee”) consisting of five six (56) members. Of the five six (56) Advisory Committee members, three four (34) shall be designated by PTLC (each, a “Penske PTLC Committee Member”) and, subject to Section 9.5(d), one (1) shall be designated by PAG (the GE Representative Partner (a GE PAG Committee Member”) and one (1) shall be designated by MBK USA CV (the “Mitsui Committee Member”). Schedule B annexed hereto sets forth the members of the Advisory Committee as of the Effective Time.. 36

Appears in 1 contract

Samples: Limited Partnership Agreement

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Selection of the Advisory Committee. The Partnership shall have an Advisory Committee (the “Advisory Committee”) consisting of five (5) members. Of the five (5) Advisory Committee members, three (3) shall be designated by PTLC (each, a “Penske Committee Member”) and, subject to Section 9.5(d), one two (12) shall be designated by the GE Representative Partner (a “GE Committee Member”) and one (1) shall be designated by MBK CV (the “Mitsui Committee Member”). Schedule B annexed hereto sets forth the members of the Advisory Committee as of the Effective Time.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Penske Automotive Group, Inc.)

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