Amendments Not Allowable. Unless approved by a majority of the Partnership Interests affected thereby, no amendment to this Agreement shall be permitted if, in the opinion of counsel to the Partnership (unless such counsel is disapproved by such majority), the effect of such amendment would be to: (a) increase the duties or liabilities of any Partner; (b) change the interest of any Partner hereto in the assets, profits, or losses of the Partnership, except as otherwise provided herein; or (c) in any way adversely affect the federal income tax status of the Partnership.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Technology Funding Venture Partners Iv), Limited Partnership Agreement (Technology Funding Venture Partners V), Limited Partnership Agreement (Technology Funding Partners Iii L P)
Amendments Not Allowable. Unless approved by a majority of the Partnership Interests affected thereby, no amendment to this Agreement shall be permitted if, in the opinion of counsel to the Partnership (unless such counsel is disapproved by such majority), the effect of such amendment would be to: :
(a) increase the duties or liabilities of any Partner; ;
(b) change the interest of any Partner hereto in the assets, profits, or losses of the Partnership, except as otherwise provided herein; or or
(c) in any way adversely affect the federal income tax status of the Partnership.
Appears in 1 contract
Samples: Limited Partnership Agreement (Technology Funding Venture Partners Iv)
