Amendments by Members. Except as provided in Section 11.1, amendments to this Agreement shall be made only upon the consent of the Required Members. No amendment shall be made pursuant to Section 11.1 above which would materially and adversely affect the federal income tax treatment to be afforded each Member, materially and adversely affect the Membership Interests and liabilities of each Member as provided herein, materially change the purposes of the Company, extend or otherwise modify the term of the Company, or materially change the method of allocations and distributions as provided in Article VI and Article VII.
Amendments by Members. This Agreement may be amended or repealed at a meeting of members, provided that the proposed amendments are stated in the notice of the meeting at which the amendments are to be adopted
Amendments by Members. 30 Section 14.3
Amendments by Members. A proposed amendment will be voted upon at either an annual meeting or a special meeting of the Members duly called for the purpose of voting on the amendment. Such votes will be made as provided in Article VI. Upon the Members’ approval of any amendment, all Members will be deemed to have consented to and will be bound by the terms and provisions thereof.
Amendments by Members. This Agreement may be adopted, amended, altered, or repealed by the written consent of the members.
Amendments by Members. A proposed amendment must be approved by both the Members. It shall be voted upon at a meeting of the Members duly called for the purpose of voting on the amendment and shall be approved by the Members if approved by a Two Thirds Vote of the Units. Upon approval of any amendment, all Members shall be bound by the terms and provisions thereof as if they had so consented.
Amendments by Members. This Agreement may be amended or repealed at a meeting of members, provided that the proposed amendments are stated in the notice of the meeting at which the amendments are to be adopted Cooperative’s Articles comply with the Act and were filed with the Secretary of the State of Georgia on June 12, 2013.
Amendments by Members. The Governing Documents may be amended at any time by the affirmative vote or written consent, or any combination thereof, of Voting Members representing sixty-six and two-thirds percent (66 2/3%) of the total votes of the Association; provided, however, that if the affirmative vote required for approval of action under the specific provision to be amended is expressly stated as a higher or lower percentage, then such higher or lower percentage shall be required to approve amendment of that provision. Notice shall be given at least sixty (60) days prior to the date of the meeting at which such proposed amendment is to be considered. If any proposed amendment to the Governing Documents is approved by the Voting Members as set forth above, the President and Secretary of the Association shall execute an appropriate amendment which shall set forth the amendment, the effective date of the amendment, the date of the meeting of the Association at which such amendment was adopted, the date that notice of such meeting was given, the total number of votes of Voting Members of the Association, the number of votes necessary to adopt the amendment, the total number of votes cast for the amendment, and the total number of votes cast against the amendment. If such amendment relates to this Declaration it shall be recorded in the Public Records.
Amendments by Members. (a) This Agreement may be amended by the Manager and without the consent or approval of the Members if such amendment is (i) for the purpose of admitting a substituted Member, (ii) for the purpose of clarification and does not change the substance hereof and the Company has obtained the opinion of its counsel to that effect; or (iii) necessary or appropriate in the opinion of counsel for the Company, to satisfy the requirements of the Internal Revenue Code with respect to partnerships or of any federal or state securities laws or regulations, provided such amendment does not adversely affect the interests of Members. Any amendment under subsection (ii) hereof shall, to the extent necessary to satisfy the purposes therein described, be effective as of a date earlier than the date of its filing.
(b) This Agreement shall be automatically and appropriately amended upon the occurrence of events described herein in connection with which such amendments are appropriate.
Amendments by Members. A proposed amendment shall be voted upon at either a regular scheduled meeting or a special meeting of the Members duly called for the purposes of voting on the amendment. Such votes shall be exercised as provided in Article IV. Amendments shall be approved by a two-thirds majority in interest of the Members, and upon approval of any amendment, all Members, whether or not they consented to such amendment, shall be deemed to have consented to and shall be bound by the terms and provisions thereof as if they had so consented.
