Examples of Majority Vote of the Limited Partners in a sentence
An assignee of all or part of the interest of a General Partner in the Partnership shall be admitted to the Partnership as a general partner of the Partnership only if a Majority Vote of the Limited Partners approves in writing the admission of such assignee as an additional or successor General Partner.
A General Partner may not sell, transfer, assign, pledge, encumber, mortgage, or otherwise hypothecate (hereinafter in this Article XI hereof collectively referred to as “assign” or “assignment”) the whole or any part of its interest as a General Partner in the Partnership without the prior Majority Vote of the Limited Partners.
Communications and policy announcements at all levels between the two countries have also been regarded as evidence of strong alliance.
The Partnership may merge with, or consolidate into, another business entity (as defined in Section 17-211(a) of the Act) upon the approval by the General Partner and a Majority Vote of the Limited Partners.
No amendments may be made to this Agreement without the prior written consent of (i) the General Partner and (ii) a Majority Vote of the Limited Partners and, with respect to Section 3.9 hereof, AMG; provided, however, that the General Partner shall make such amendments and additions to Schedule A hereto as are required by the provisions hereof; and, provided further, that the General Partner may amend this Agreement to correct any printing, stenographic or clerical errors or omissions.
Except as specifically provided herein, following the admission of Additional Limited Partners to the Partnership, this Agreement may be amended, modified and changed only after obtaining a Majority Vote of the Limited Partners.
However, the evaluation noted that the disbursement channel was also lengthy and also propelled and explains partly the delay.
To assist the General Partners in identifying and resolving potential conflicts of interest and other matters, the General PartnersVKDOO HVWDEOLVK DQ DGYLVRU\ FRPPLWWHH (WKH ³$GYLVRU\ &RPPLWWHH´) composed of three individuals nominated by the General Partners and approved by a Majority Vote of the Limited Partners Any vacancy on the Advisory Committee may be filled by the General Partners in a matter determined by them.
The Partnership may merge with, or consolidate into, another business entity (as defined in Section 17-211 (a) of the Act) upon the approval by the General Partner and a Majority Vote of the Limited Partners.
No amendments may be made to this Agreement without the written consent of (a) the General Partner and (b) a Majority Vote of the Limited Partners; provided, however, that the General Partner shall make such amendments and additions to Exhibit A hereto as are required by the provisions hereof; and, provided further, that the General Partner may amend this Agreement to correct any printing, stenographic or clerical errors or omissions.