Common use of Termination Election Clause in Contracts

Termination Election. Notwithstanding anything herein to the contrary, at the election of each Limited Partner and to the extent specified by such Limited Partner, this Agreement (i) shall cease to have further effect or (ii) shall not apply to an Exchange occurring after a date specified by such Limited Partner.

Appears in 2 contracts

Sources: Tax Receivable Agreement (Carlyle Group L.P.), Tax Receivable Agreement (Carlyle Group L.P.)