Amendments to the Operating Agreement. The Operating Agreement is hereby amended as follows:
Amendments to the Operating Agreement. This Operating Agreement may be amended by a simple majority vote of the current members of the Montana State University All Staff Council. Any staff member may submit proposed changes to any of these procedures to the Governance Committee. Submissions must be in writing. The Governance Committee shall review submissions and present them to the Executive Board and then the Council at the next monthly meeting. Council members shall be provided an opportunity to discuss the proposed amendments and make recommendations. Any adopted amendments shall be dated and a record kept by the Program Coordinator.
Amendments to the Operating Agreement. In connection with the Department’s requirement, Section 7.4(c) of the Operating Agreement is deleted. It provided that:
Amendments to the Operating Agreement. Effective as of and contingent upon the occurrence of the payment by the Company of the Debt Financed Distributions and the conversion of the Preferred Units in accordance with Sections 1 and 2 of this Amendment No. 7:
Amendments to the Operating Agreement. 1.1 The references to “January 1, 2015” and “December 31, 2017” in the first sentence of Section 13.1(A) of the Operating Agreement are hereby replaced with “January 1, 2016” and “December 31, 2018,” respectively, such that the first sentence now reads, in part:
Amendments to the Operating Agreement. The Current Members agree to amend the Operating Agreement by:
Amendments to the Operating Agreement. The Operating Agreement is hereby amended to add a new Section 15.19, to read as follows:
Amendments to the Operating Agreement. Upon the effectiveness of -------------------------------------- this Agreement in accordance with the terms and conditions hereof:
Amendments to the Operating Agreement. Pursuant to Section 13.5 of the Operating Agreement, effective simultaneously with the consummation of the purchase and sale of the Securities (as defined in the Purchase Agreement), the Operating Agreement is hereby amended as follows:
Amendments to the Operating Agreement. The Seller and the Investor are the sole members of the LLC and entered into an Operating Agreement dated December 30, 1998 (the "Operating Agreement") that governs their relationship as members of the LLC. Notwithstanding any provision of the Operating Agreement to the contrary the provisions of this Section 7 shall govern and shall constitute an amendment to the Operating Agreement in accordance with section 11.7 of the Operating Agreement.
