Common use of Additional Distributions Clause in Contracts

Additional Distributions. (i) The provisions of this Section 7.1(c) shall be applicable until the earlier date to occur of (x) the fifth anniversary of the Effective Date or (y) the date that Vodafone ceases to hold, directly or through one or more Included Affiliates, a Partnership Interest of at least 20%; and from and after such date the provisions of this Section 7.1(c) shall have no further force or effect. (ii) As used in this Section 7.1(c), the following terms shall have the respective meanings assigned to them below:

Appears in 3 contracts

Sources: Partnership Agreement, Partnership Agreement (Verizon Wireless Capital LLC), Partnership Agreement (Verizon Wireless Inc)