Amendment Requirement Clause Samples
Amendment Requirement. (a) Notwithstanding the provisions of Sections 15.1 and 15.2, no provision of this Agreement that establishes a percentage of Outstanding Voting Units or, if applicable, other voting percentage required to take any action shall be amended, altered, changed, repealed or rescinded in any respect that would have the effect of reducing such voting requirement unless such amendment is approved by the written consent or the affirmative vote of Unitholders whose aggregate percentage of such Outstanding Voting Units or, if applicable, other voting percentage constitutes not less than the required percentage of such Outstanding Voting Units or, if applicable, other voting percentage sought to be reduced.
(b) Notwithstanding the provisions of Sections 15.1 and 15.2, no amendment to this Agreement may (i) enlarge the obligations of any Limited Partner without such Limited Partner's consent, which may be given or withheld in its sole discretion, (ii) without the consent of the General Partner, which may be given or withheld in its sole discretion, (A) modify the amounts distributable to the General Partner in respect of its general partner interest in the Partnership or the Operating Companies or modify the amounts reimbursable or otherwise payable to the General Partner or any of its Affiliates by the Partnership or the Operating Companies, (B) change Section 14.1(a) or (c), (C) restrict in any way any action by or rights of the General Partner as set forth in this Agreement, (D) change the term of the Partnership or, except as set forth in Section 14.1(c), give any Person the right to dissolve be Partnership or (E) otherwise enlarge the obligations of the General Partner.
(c) Except as otherwise provided, and without limitation of the General Partner's authority to adopt amendments to this Agreement as contemplated in Section 15.1, the General Partner may amend the Partnership Agreement without the approval of holders of Outstanding Units, except that any amendment that would have a material adverse effect on the rights or preferences of any class of Outstanding Units in relation to other classes or series of Units must be approved by the holders of at least a majority of the Outstanding Units of the class or series affected (excluding those held by the General Partner and its Affiliates).
(d) Notwithstanding any other provision of this Agreement, except for amendments pursuant to Sections 6.2 or 15.1, no amendments shall become effective without the approval of the...
Amendment Requirement. Any amendment, modification, or variation must be in writing and signed by both parties, adhering to the outlined Amendment clause.
Amendment Requirement. 85 15.4 Meetings 86 15.5 Notice of a Meeting 86 15.6 Record Date 86 15.7 Adjournment 86 15.8 Waiver of Notice; Approval of Meeting; Approval of Minutes 86 15.9 Quorum 87 15.10 Conduct of Meeting 87 15.11 Action Without a Meeting 88 15.12 Voting and Other Rights 88 ARTICLE XVI Merger 89 16.1 Authority 89 16.2 Procedure for Merger or Consolidation 89 16.3 Approval by Limited Partner of Merger or Consolidation. 90 16.4 Certificate of Merger 90 16.5 Effect of Merger. 90
Amendment Requirement. Company will not be obligated to provide any quantity of Funding other than the total budget per Study specified in Appendix A unless additional Funding is included in a written amendment to this Agreement signed by MSK and Company.
Amendment Requirement. This Service Plan has been designed with sufficient flexibility to enable the Districts to provide required services and facilities under evolving circumstances without the need for numerous amendments. Actions of the Districts which violate the limitations set forth in V.A.1- 14 above or in VII.B-G. or requirements set forth in the Intergovernmental Agreement shall be deemed to be material modifications to this Service Plan and the City shall be entitled to all remedies available under State and local law to enjoin such actions of the District. Should any district undertake any act which constitutes a material modification to the service plan, the City Council may impose one or more of the following sanctions, as it deems appropriate:
(a) Exercise any applicable remedy under the Act.
(b) Withhold the issuance of any permit, authorization, acceptance or other administrative approval or withhold any cooperation necessary for the district's development or construction or operation of improvements or provision of services.
(c) Exercise any legal remedy under the terms of any intergovernmental agreement under which the district is in default.
(d) Exercise any other legal remedy, including seeking injunctive relief against the district, to ensure compliance with the provisions of the service plan or applicable law. All remedies available to the city under this section shall be cumulative and non-exclusive. In any proceeding brought to enforce the provisions of this Service Plan, the prevailing party shall be entitled to an award of reasonable attorneys’ fees, actual court costs and other expenses incurred.
Amendment Requirement. 87 15.4 Meetings.......................................................................................88 15.5 Notice of a Meeting............................................................................88 15.6 Record Date....................................................................................88 15.7 Adjournment....................................................................................88 15.8 Waiver of Notice; Approval of Meeting; Approval of Minutes.....................................89 15.9 Quorum.........................................................................................89 15.10