Examples of Approval of the Partners in a sentence

Except as otherwise expressly provided in this Agreement or required by the express provisions of the Act, the requisite vote of the Partners shall be the Approval of the Partners, 17 <PAGE> which shall control all decisions for which the vote of the Partners is required hereunder.
Without the prior Approval of the Partners, the General Partner shall have no authority to do any of the following: (a) Amend this Agreement (except as provided in Section 17.8); (b) Change the nature of the business of the Partnership; (c) Sell all or substantially all of the assets of the Partnership; or (d) Dissolve the Partnership.
The General Partner shall not take any action contemplated by Sections 6222 through 6232 of the Code unless the General Partner has first given the Limited Partners notice of the contemplated action and received the Approval of the Partners to the contemplated action.
If the Partnership is required to wind-up as a result of an event described in Section 9.1(a) or Section 9.1(b) and is not reconstituted, then the Limited Partners, by the Approval of the Partners, shall, subject to Section 10.1(b), select a party to begin to wind-up the affairs of the Partnership and to liquidate and sell its assets, all pursuant to TBOC.
Any such merger or consolidation transaction may be approved solely by the General Partner and does not require the consent of the Limited Partners or Approval of the Partners.

More Definitions of Approval of the Partners

Approval of the Partners means the written approval of those Partners who, at the time the Partnership action is being considered for approval, have at least 51% of the Units of all the Partners.

Approval of the Partners or "Approved" or "Approval": The unanimous approval of the Partners in accordance with Section 6.4 of this Agreement, as evidenced by the written consent of one Representative of each Partner or by written minutes of a meeting of the Partners approved or deemed approved in accordance with Section 6.4 hereof. The Partners acknowledge and agree that they have approved as of the date of this Agreement the C&P Lease, the Omni Construction Contract, the Projected Project Costs and Rate Factor and the C&P Plans.

Approval of the Partners or "Approved by the Partners" shall mean approval by Xxxxxxx General Partner and the holders of a majority of the limited partnership interests in the Partnership not held by Xxxxxxx Limited Partner or Xxxxxxx General Partner.

Approval of the Partners means the approval in writing by the Partners and, unless otherwise expressly provided herein to the contrary, the Partners shall not unreasonably withhold, delay or condition such approval.

Approval of the Partners means such a decision.

Approval of the Partners means approval by the affirmative vote of the Partner(s) holding a majority (in percentage terms) of the Partner Percentage Interests.

Approval of the Partners or “Approved by the Partners” means (i) with respect to any approval relating solely to the Partners in a single class, the affirmative approval, determined under Section 6.6, of Partners in that class then entitled to vote who hold in the aggregate more than fifty percent (50%) of all LP Units in that class or (ii) with respect to any approval relating to Partners in all classes, the affirmative approval, determined under Section 6.6, of Partners who hold in the aggregate more than fifty percent (50%) of all LP Units in the Partnership. Notwithstanding the foregoing, except as otherwise set forth herein, all LP Units held by Riverstone, or an Affiliate or Permitted Transferee thereof, shall be non-voting LP Units.