Common use of Super-Majority Amendments Clause in Contracts

Super-Majority Amendments. Notwithstanding Section 9.1, any alteration or amendment to this ‎Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common Shares, voting together as a single class.

Appears in 21 contracts

Samples: Operating Agreement (Fundrise East Coast Opportunistic REIT, LLC), Operating Agreement (Fundrise Growth eREIT III, LLC), Operating Agreement (Fundrise Midland Opportunistic REIT, LLC)

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Super-Majority Amendments. Notwithstanding Section 9.1, any alteration or amendment to this ‎Section Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or written consent of the Manager and the holders of Outstanding Common Shares of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common Shares, voting together as a single class.

Appears in 13 contracts

Samples: Operating Agreement (FundRebel Dean, LLC), Operating Agreement (Reitless Impact Income Strategies LLC), Operating Agreement (REITless Impact Opportunity Zone Strategies LLC)

Super-Majority Amendments. Notwithstanding Section 9.1, any alteration or amendment to this ‎Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares Units of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common SharesUnits, voting together as a single class.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (One Chestnut Realty LLC), Limited Liability Company Agreement (One Chestnut Realty LLC), Limited Liability Company Agreement (Solis Seattle, LLC)

Super-Majority Amendments. Notwithstanding Section 9.1, any alteration or amendment to this ‎Section Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or written consent of the Manager and the holders of Outstanding Common Shares Units of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common SharesUnits, voting together as a single class.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Birgo Reiturn Fund LLC), Limited Liability Company Agreement (Birgo Reiturn Fund LLC), Limited Liability Company Agreement (Birgo Reiturn Fund Manager LLC)

Super-Majority Amendments. Notwithstanding Section 9.18.1, any alteration or amendment to this ‎Section 9.2 8.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common Shares, voting together as a single class.

Appears in 6 contracts

Samples: Operating Agreement (Fundrise eFund, LLC), Operating Agreement (Fundrise National for-Sale Housing eFund, LLC), Operating Agreement (Fundrise for-Sale Housing eFUND - Los Angeles CA, LLC)

Super-Majority Amendments. Notwithstanding Section 9.1, any alteration or amendment to this ‎Section Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common Shares, voting together as a single class.

Appears in 5 contracts

Samples: Operating Agreement (Fundrise Growth eREIT III, LLC), Operating Agreement (Fundrise Equity REIT, LLC), Operating Agreement (Fundrise Development eREIT, LLC)

Super-Majority Amendments. Notwithstanding Section 9.1, any alteration or amendment to this ‎Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares Bits of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common SharesBits, voting together as a single class.

Appears in 3 contracts

Samples: Operating Agreement (Building Bits Properties I, LLC), Operating Agreement (Building Bits Properties I, LLC), Operating Agreement (Building Bits Properties I, LLC)

Super-Majority Amendments. Notwithstanding Section 9.1, any alteration or amendment to this ‎Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares of the Company representing at least two-thirds (2/3) of the total votes that may be cast by all such Outstanding Common Shares, voting together as a single class.

Appears in 2 contracts

Samples: Operating Agreement (Platform Ventures Diversified Housing REIT, LLC), Operating Agreement (Platform Ventures Diversified Housing REIT, LLC)

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Super-Majority Amendments. Notwithstanding Section 9.18.1, any alteration or amendment to this ‎Section 9.2 Section 8.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common Shares, voting together as a single class.

Appears in 1 contract

Samples: Operating Agreement (Fundrise eFund, LLC)

Super-Majority Amendments. Notwithstanding Section 9.18.1, any alteration or amendment to this ‎Section 9.2 Section 8.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager Managers and the holders of Outstanding outstanding Common Shares of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding outstanding Common Shares, voting together as a single class.

Appears in 1 contract

Samples: Operating Agreement (StartEngine Real Estate REIT 1 LLC)

Super-Majority Amendments. Notwithstanding Section 9.1, any alteration or amendment to this ‎Section Section 9.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager and the holders of Outstanding Common Shares Units of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding Common SharesUnits, voting together as a single class.

Appears in 1 contract

Samples: Operating Agreement (World Tree Usa, LLC)

Super-Majority Amendments. Notwithstanding Section 9.18.1, any alteration or amendment to this ‎Section 9.2 Section 8.2 or Section 5.2 that (i) affects the Members disproportionately or (ii) materially and adversely affects the rights of the Members, will require the affirmative vote or consent of the Manager Board and the holders of Outstanding outstanding Common Shares of the Company representing at least two-thirds of the total votes that may be cast by all such Outstanding outstanding Common Shares, voting together as a single class.

Appears in 1 contract

Samples: Operating Agreement (LODE Payments International LLC)

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