Authority to Amend. (a) This Agreement may be amended by the General Partner without the approval of any other Partner if such amendment (i) is solely for the purpose of clarification or is of an inconsequential nature and (ii) does not change the substance hereof and the Partnership has obtained an opinion of counsel to that effect.
Authority to Amend. No amendment to the Contract shall be valid unless ratified in writing by the Authorizer and the School and executed by its authorized representatives.
Authority to Amend. Amendments to this Agreement shall require the approval of the General Partner and the Limited Partners owning a majority of the outstanding Units held by Limited Partners. Notwithstanding the foregoing, no Partner's interest in Profits, Losses or cash distributions will be reduced without the consent of that Partner. A copy of any amendment shall be mailed in advance to all of the Limited Partners.
Authority to Amend. This Agreement may be amended at any time by written agreement between the parties.
Authority to Amend. Subject to Section 7.3, this Agreement and the Certificate of Formation may only be amended with approval of the Managing Member and the majority vote of the members of the full Board of Directors and such additional approvals or consents, if any, as may be required under the Securitization Agreements. The Managing Member shall provide prior written notice of any proposed amendment to each Rating Agency then rating any Security that remains outstanding, but only if such rating initially was provided at the request of the Company, any Trust or an affiliate thereof.
Authority to Amend. (a) In addition to any other provisions of this Agreement that expressly empower and enable the General Partner to amend this Agreement without the approval of any other Partner, this Agreement may be amended by the General Partner without the approval of any other Partner if such amendment (i) is solely for the purpose of clarification or is of an inconsequential nature and does not change the substance hereof and the Partnership has obtained an opinion of counsel to that effect, (ii) is to add to the obligations of the General Partner or causes the General Partner to surrender any right or power granted to the General Partner or any Affiliate of the General Partner for the benefit of the Limited Partners, (iii) is to reflect the admission, substitution, termination or withdrawal of Partners in accordance with this Agreement or to amend the calculation of the Cash Amount and the Conversion Factor pursuant to a transaction described in Section 9.1(c), (iv) is to set forth the designations, right, powers, duties and preferences of the holders of any additional Partnership Interests issued pursuant to Section 4.3, (v) is to satisfy any requirements, conditions or guidelines contained in any order, directive, opinion ruling or regulation of a federal or state agency or contained in federal or state law, or (vi) is, in the opinion of counsel for the Partnership, necessary or appropriate to satisfy requirements of the Code with respect to partnerships or REITs or of any federal or state securities laws or regulations. Any amendment made pursuant to this Section 11.1(c) may be made effective as of the date of this Agreement.
Authority to Amend. Subject to the provisions of Article XII and Section 18.02, this Agreement may be amended, altered, or restated by the Manager. Amendments made under this paragraph, if necessary to accomplish the objective of the amendment, may have an effective date prior to the date of execution.
Authority to Amend. This Amendment is adopted and approved by the Company with the consent of the Participant pursuant to Section 7.6 of the Agreement.
Authority to Amend. This Franchise may be amended at any time by written agreement between the parties.
Authority to Amend. Except as provided in Section 11.2 below, this Agreement may only be altered or amended by a written instrument signed by Partners holding not less than 100% of the Residual Percentages, provided that no amendment may reduce a Partner's economic interest in the Partnership without the Partner's prior written consent.
