Limitations on the Company’s Activities. This Section 9(k) is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity. The Member shall not, so long as any Obligation is outstanding, amend, alter, change or repeal the definition of “Independent Director” or Sections 5(c), 7, 8, 9, 10, 16, 20, 21, 22, 23, 24, 25, 26 or 31 or Schedule A of this Agreement without the unanimous written consent of the Independent Directors. Subject to this Section 9(k), the Member reserves the right to amend, alter, change or repeal any provisions contained in this Agreement in accordance with Section 31 hereto.
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Samples: Limited Liability Company Agreement (Huntington Auto Trust 2015-1), Limited Liability Company Agreement (Huntington Funding, LLC), Limited Liability Company Agreement (Huntington Funding, LLC)
Limitations on the Company’s Activities. (i) This Section 9(k) 9j is being adopted in order to comply with certain provisions required in order to qualify the Company as a “"special purpose” purpose entity" for the purpose of the Indebtedness. (ii) The Member shall not, so long as any Obligation Indebtedness is outstanding, amend, alter, change or repeal the definition of “"Independent Director” " or Sections 5(c), 7, 8, 9, 10, 16, 20, 21, 22, 23, 24, 25, 26 or 31 or Schedule A of this ---------- Agreement without the unanimous written consent of the Board (including the Independent DirectorsDirector). Subject to this Section 9(k)9j, the Member reserves the right to amend, alter, change or repeal any provisions contained in this Agreement in accordance with Section 31 hereto31.
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Samples: Pg&e Funding LLC