Common use of Amendments by Members Clause in Contracts

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. Except as set forth in this Section 11.2, no amendment shall be made pursuant to Section 11.1 which would materially and adversely affect the federal income tax treatment to be afforded each Member, materially and adversely affect the 34 39 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. Except as provided in Section 11.1, amendments to this Agreement shall be made only upon the consent of the Required Members. Except as set forth in this Section 11.2, no 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 34 39 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. Except as provided in Section 11.1, amendments to this Agreement shall be made only upon the consent of the Required all Initial Members. Except as set forth in this Section 11.2, no amendment shall be made pursuant to Section 11.1 which would materially and adversely affect the federal income tax treatment to be afforded each Member, materially and adversely affect the 34 39 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.