Common use of Additional Covenants of Management Members Clause in Contracts

Additional Covenants of Management Members. Each Management Member hereby agrees that, upon the receipt of any Override Unit, it shall make an election pursuant to section 83(b) of the Code.

Additional Covenants of Management Members. Each Management Member hereby agrees that, upon the receipt of any Override Profits Unit or Restricted Common Unit, it shall make an election pursuant to section 83(b) of the CodeCode with respect to all such Units.