Common use of Consent of Unitholders Clause in Contracts

Consent of Unitholders. (1) Provided always that the Manager has consented in writing and subject to Section 3.1, the Unitholders of a Fund may pass resolutions at any meeting of that Fund relating to, amending, supplementing, or dealing with this Master Trust Agreement but only as it relates to that Fund, and a resolution shall pass if it is consented to by Unitholders holding at least 51% of the Units of that Fund entitled to vote and that are represented at the meeting.

Consent of Unitholders. (1) Provided always that the Manager has consented in writing and subject to Section 3.1writing, the Unitholders of a Fund may pass resolutions at any meeting of that Fund relating to, amending, supplementing, or dealing with this Master Trust Agreement but only as it relates to that Fund, and a resolution shall pass if it is consented to by Unitholders holding at least 51% of the Units of that Fund entitled to vote and that are represented at the meeting.