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Common use of Amendment Procedures Clause in Contracts

Amendment Procedures. Except as provided in Sections 15.1 and 15.3, all amendments to this Agreement shall be made in accordance with the following requirements. Amendments of this Agreement may be proposed by the General Partner or by the Record Holders of ten percent (10%) of the Outstanding Units. If an amendment is proposed, the General Partner shall seek the written approval of the requisite Percentage Interest or call a meeting of the Limited Partners to consider and vote on such proposed amendment. A proposed amendment shall be effective upon its approval by the General Partner and by a Majority Interest unless a greater Percentage Interest is required by this Agreement. The General Partner shall notify all Partners upon final adoption of any proposed amendment.

Appears in 6 contracts

Samples: Limited Partnership Agreement (Cedar Fair L P), Agreement of Limited Partnership (Cedar Fair L P), Limited Partnership Agreement (Cedar Fair L P)

Amendment Procedures. Except as provided in Sections 15.1 9.1 and 15.39.3 of this Agreement, all amendments to this Agreement shall be made in accordance with the following requirements. Amendments of : (i) amendments to this Agreement may be proposed only by the General Partner or by the Record Holders of ten percent a Majority Interest; (10%ii) of the Outstanding Units. If if an amendment is proposed, the General Partner shall seek the written approval consent of the requisite Percentage Interest or call Interests of Limited Partners, (iii) a meeting of the Limited Partners to consider and vote on such proposed amendment. A proposed amendment shall be effective upon its approval by (1) the General Partner and by (2) a Majority Interest (unless a greater Percentage Interest percentage is required by this Agreement. The ); and (iv) the General Partner shall notify all Partners upon final adoption of any such proposed amendment.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Safeway Stores 42, Inc.), Limited Partnership Agreement (Safeway Stores 42, Inc.)

Amendment Procedures. Except as provided in Sections 15.1 17.1, 17.2, 17.3 and 15.317.5, all amendments to this Agreement shall be made in accordance with the following requirements. Amendments of this Agreement may be proposed by the Managing General Partner or by the Record Holders of ten percent (10%) % of the Outstanding outstanding Common Units. If an amendment is proposed, the Managing General Partner shall seek the written approval of the requisite Percentage Interest or call a meeting of the Limited Partners to consider and vote on such proposed amendment. A proposed amendment shall be effective upon its approval by the Managing General Partner and by a Majority Interest unless a greater Percentage Interest is required by this Agreement. The Managing General Partner shall notify all Partners upon final adoption of any proposed amendment.

Appears in 1 contract

Samples: Agreement of Merger and Amendment No. 4 of Agreement of Limited Partnership (ServiceMaster Consumer Services Limited Partnership)

Amendment Procedures. Except as specifically provided in Sections 15.1 Section 16.01 and 15.316.03 hereof, all amendments to this Agreement shall be made solely in accordance with the following requirements. : (a) Amendments of this Agreement may be proposed only by the General Partner or by the Record Holders of ten percent Partner; (10%b) of the Outstanding Units. If an amendment is proposed, the General Partner shall seek the written approval of the holders of the requisite Percentage Interest number of Units or call a meeting of the Limited Partners to consider and vote on a such proposed amendment. . 55 A proposed amendment shall be effective upon its approval by the General Partner and by a Majority Interest Vote unless a greater Percentage Interest percentage is required by this Agreement. ; and (c) The General Partner shall notify all Partners upon final adoption of any proposed amendment.

Appears in 1 contract

Samples: Limited Partnership Agreement (Oppenheimer Capital L P /De/)

Amendment Procedures. Except as provided in Sections 15.1 and 15.315.3 hereof, all amendments to this Agreement shall be made in accordance with the following requirements. Amendments of this Agreement may be proposed by the General Partner or by the Record Holders of ten percent (10%) of the Outstanding Units. : If an amendment is proposed, the General Partner shall seek the written approval of the requisite Percentage Interest Interests or call a meeting of the Limited Partners to consider and vote on such proposed amendment. Each such proposal to the Limited Partners shall contain the text of the proposed amendment. A proposed amendment shall be effective upon its approval by at least 66 2/3% of the General Partner and by a Majority Interest outstanding Units unless a greater Percentage Interest or different percentage is required by under this Agreement. The General Partner shall notify all Partners Record Holders upon final adoption of any proposed amendment.

Appears in 1 contract

Samples: Limited Partnership Agreement (Plum Creek Timber Co L P)

Amendment Procedures. Except as provided in Sections 15.1 and 15.3, all amendments to this Agreement shall be made in accordance with the following requirements. Amendments of this Agreement may be proposed only by the General Partner or by the Record Holders of ten percent (10%) Limited Partners owning at least 20% of the Outstanding UnitsVoting Percentage Interests of the Limited Partners. If an amendment is proposed, the General Partner shall seek the written approval consent of the requisite Voting Percentage Interest Interests of the Limited Partners or call a meeting of the Limited Partners to consider and vote on such proposed amendment. A proposed amendment shall be effective upon its approval by the General Partner and by a Majority Interest unless a greater Percentage Interest percentage is required by this Agreement. The General Partner shall notify all Partners upon final adoption of any proposed amendment.

Appears in 1 contract

Samples: Limited Partnership Agreement (Centex Development Co Lp)