Common use of Parallel Investment Vehicles Clause in Contracts

Parallel Investment Vehicles. The Managing Member may, in its discretion, establish one (1) or more additional limited liability companies, limited partnerships or similar investment vehicles to facilitate the ability of certain investors to invest with the Company generally on a side-by-side basis (each, a “Parallel Investment Vehicle” and collectively, the “Parallel Investment Vehicles”). The following provisions, to the extent practicable, subject to legal, regulatory, tax or other considerations particular to one or more of the Company and any Parallel Investment Vehicle and their respective investors or other beneficial owners (each, a “Parallel Vehicle Member” and collectively, the “Parallel Vehicle Members”), shall apply with respect to the operation of the Company and any Parallel Investment Vehicle:

Parallel Investment Vehicles. The Managing Member General Partner may, in its discretion, establish one (1) or more additional limited liability companies, limited partnerships or similar investment vehicles to facilitate the ability of certain investors to invest with the Company Partnership generally on a side-by-side basis (each, a “Parallel Investment Vehicle” and collectively, the “Parallel Investment Vehicles”). The following provisions, to the extent practicable, subject to legal, regulatory, tax or other considerations particular to one or more of the Company Partnership and any Parallel Investment Vehicle and their respective investors or other beneficial owners (each, a “Parallel Vehicle Member” and collectively, the “Parallel Vehicle Members”), shall apply with respect to the operation of the Company Partnership and any Parallel Investment Vehicle: