Adverse Amendments. The Company shall not amend its operating agreement in a manner that materially and adversely affects the economic interest of the Senior Noteholders, except to the extent approved by Senior Noteholders holding Senior Notes representing a majority of the unpaid principal amounts under all outstanding Senior Notes.
Appears in 5 contracts
Samples: Senior Secured Demand Note Purchase Agreement (Iron Bridge Mortgage Fund LLC), Senior Secured Demand Note Purchase Agreement (Iron Bridge Mortgage Fund LLC), Senior Secured Promissory Note Purchase Agreement (Iron Bridge Mortgage Fund LLC)
