Amendment of Limited Liability Company Agreement. Except as otherwise provided in this Section 9.1, this Agreement may be amended, in whole or in part, with: (i) the approval of the Board of Directors (including the vote of a majority of the Independent Directors, if required by the 1940 Act) and (ii) if xxxxxxxd by the 1940 Act, the approval of the Members by such vote as is required by the 1940 Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Oppenheimer Tremont Opportunity Fund LLC), Limited Liability Company Agreement (Oppenheimer Tremont Market Neutral Fund LLC)
Amendment of Limited Liability Company Agreement. (a) Except as otherwise provided in this Section 9.18.1, this Agreement may shall be amended, in whole or in part, with: (i) with the approval of a majority of the Board of Directors Managers (including the vote of a majority of the Independent DirectorsManagers, if required by the 1940 Investment Company Act) and (ii) ), and, if xxxxxxxd required by the 1940 Investment Company Act, the approval of the Members Shareholders by such vote as is required by the 1940 Investment Company Act.
(b) Any amendment to this Agreement that would:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Partners Group Private Income Opportunities, LLC)
Amendment of Limited Liability Company Agreement. Except as otherwise provided in this Section 9.18.1, this Agreement may be amended, in whole or in part, with: with the approval of (i) the approval of the Board of Directors or (including the vote of ii) a majority of the Independent Directors, if required by the 1940 Act) and (ii) if xxxxxxxd by the 1940 Act, the approval outstanding Units of the Members by such vote as is required by the 1940 ActCompany.
Appears in 1 contract
Samples: Operating Agreement (PARADIGM Multi Strategy Fund, LLC)
