Common use of Termination of Nomination Rights Clause in Contracts

Termination of Nomination Rights. The nomination and other rights of the Carlyle Limited Partners set forth in this Section 8.7 shall automatically terminate at such time as the Carlyle Limited Partners cease to hold at least a 10% Beneficial Ownership of Common Interest. Upon any such termination, and notwithstanding anything to the contrary in this Agreement, the General Partner shall be entitled to amend this Agreement to delete this Section 8.7 and correlative provisions elsewhere in this Agreement in their entirety.