Amendments Requiring Majority Consent. Any amendment that has, or could reasonably be expected to have, an adverse effect on the Members, other than amendments described in section 12.3, shall require the consent of the Manager and Members holding a majority of the Common Shares then issued and outstanding.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Multi-Housing Income REIT, LLC), Limited Liability Company Agreement (Multi-Housing Income REIT, Inc.)
Amendments Requiring Majority Consent. Any amendment that has, or could reasonably be expected to have, an adverse effect on the Class A Members, other than amendments described in section 12.311.4, shall require the consent of the Manager and Class A Members holding a majority of the Common Shares then issued and outstandingClass A Shares.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Mysk Orlando Growth Fund LLC)
Amendments Requiring Majority Consent. Any amendment that has, or could reasonably be expected to have, an a material adverse effect on the Class A Members, other than amendments described in section 12.311.3, shall require the consent of the Manager and Class A Members holding a majority of the Common Class A Shares or, if an amendment affects only one class of Class A Shares, then issued and outstandingthe Class A Members holding a majority of the Class A Shares of that Series.
Appears in 1 contract
Samples: Investment Agreement
