Amendment Of This Section Sample Clauses
The "Amendment Of This Section" clause establishes the conditions under which the specific section of an agreement can be modified or updated. Typically, this clause requires that any changes to the section be made in writing and agreed upon by all relevant parties, ensuring that amendments are intentional and properly documented. Its core function is to prevent unauthorized or informal changes, thereby maintaining the integrity and clarity of the contractual terms.
Amendment Of This Section. This Section shall not be amended without the approval or consent of at least two-thirds (2/3) of the voting power of Members holding each Class of Units.
Amendment Of This Section. Notwithstanding anything in this Section 3.5 to the contrary, the Board shall have the power to amend the provisions of this Section 3.5, Section 4.1 and Section 4.2 to achieve the economic results intended by this Agreement, including that (i) each Class B Unit has identical entitlement to distributions (other than any differences related to vesting) under Section 4.1(a) and (ii) any Class C Units that are granted to executives of, or other service providers to, the Company in exchange for services provided or to be provided to the Company or any Subsidiary thereof are intended to be profits interests when issued for United States federal income tax purposes.
Amendment Of This Section. No provision of this Section 3.9 may be amended without the consent in writing of Khazanah for so long as Khazanah and its affiliates continue to beneficially own at least fifty percent (50%) of the shares of Series F Preferred Stock purchased by it pursuant to the Purchase Agreement.
Amendment Of This Section. Except as otherwise provided herein, this Section shall not be amended without the approval or consent of at least a majority of the voting power of Members holding each Class of Units. Notwithstanding anything in this Agreement to the contrary, no amendment (whether by the Board or by the Members) of Sections 3.2(b), 3.8(g), 4.4(a), 5.1(c), 5.3, 6.1(b) and (d), 7.1, Section 3.4 of Appendix C, and Sections 4.4 and 4.5 of Article IV of Appendix E shall reduce any Member’s rights provided in such Sections without the approval or consent of at least three-fourths (3/4ths) of the voting power of Members adversely affected by such proposed amendment.
Amendment Of This Section. Notwithstanding anything in this Agreement to the contrary, the Management Committee shall have the power to amend the provisions of this Section 2.10 and Section 4.4(a) to achieve the economic results intended by this Agreement, including that any Class F Units that are granted to executives of, or other service providers to, the Company in exchange for services provided or to be provided to the Company or any subsidiary thereof are intended to be profits interests when issued for United States federal income tax purposes.