Common use of Amendments Not Allowable Clause in Contracts

Amendments Not Allowable. Unless approved by Investors holding a majority of the Shares affected thereby, no amendment to this Agreement shall be permitted if, in the opinion of counsel to the Fund (unless such counsel is disapproved by such majority), the effect of such amendment would be to:

Appears in 5 contracts

Samples: Operating Agreement (Technology Funding Venture Capital Fund Vi LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC)

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Amendments Not Allowable. Unless approved by Investors holding a majority Majority In Interest of the Shares affected therebyInvestors, no amendment to this Agreement shall be permitted if, in the opinion of counsel to the Fund (unless such counsel is disapproved by such majorityMajority In Interest of the Investors), the effect of such amendment would be to:

Appears in 1 contract

Samples: Form of Operating Agreement (Vcvillage Com Opportunity Fund LLC)

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