Consent or Voting Clause Samples
Consent or Voting. (a) All voting shall be based on the aggregate number of Voting Shares outstanding and not the number of holders of such Shares.
(b) In the event that the consent or vote of the holders of Voting Shares shall be required for any action hereunder and no specific proportion is stated herein, the affirmative vote of holders of more than fifty percent (50%) of the total Voting Shares outstanding shall be required for such action.
Consent or Voting. (a) All voting shall be based on the LP Units outstanding and not the number of Partners.
(b) In the event that the consent or vote of the Partners shall be required for any action hereunder and no specific proportion is stated herein, the affirmative vote of the Partners holding more than fifty percent (50%) of the total number of LP Units outstanding shall be required for such action. Where a consent or vote of a specified percentage of Partners or Interests is required, the affirmative vote of Partners holding at least such specified percentage of the total number of LP Units outstanding shall be required.