Certain Amendment Requirements. Notwithstanding the provisions of Section 12.1, no amendment to this Agreement shall be made without the consent of the Economic Members holding of a majority of the Outstanding Interests, that: (a) decreases the percentage of Outstanding Interests required to take any action hereunder; (b) materially adversely affects the rights of any of the Economic Members (including adversely affecting the holders of any particular Series of Interests as compared to holders of other series of Interests);
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Collectable Sports Assets, LLC), Limited Liability Company Agreement (Collectable Sports Assets, LLC), Limited Liability Company Agreement (Collectable Sports Assets, LLC)
Certain Amendment Requirements. Notwithstanding the provisions of Section 12.112.01, no amendment to this Agreement shall be made without the consent of the Economic Members holding of a majority of the Outstanding Interests, that:
(a) decreases the percentage of Outstanding Interests required to take any action hereunder;
(b) materially adversely affects the rights of any of the Economic Members (including adversely affecting the holders of any particular Series of Interests as compared to holders of other series of Interests);
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Neptune REM, LLC), Limited Liability Company Agreement (Neptune REM, LLC)
Certain Amendment Requirements. Notwithstanding the provisions of Section 12.1, ,
(a) no amendment to this Agreement shall be made without the consent of the Economic Members holding of a majority of all of the Outstanding Interests, that:
(a) decreases the percentage of Outstanding Interests required to take any action hereunder;
(b) materially adversely affects the rights of any all of the Economic Members (including adversely affecting the holders of any particular Series of Interests as compared to holders of other series of Interests)Members;
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Fundhomes I, LLC), Limited Liability Company Agreement (Fundhomes 1, LLC)
Certain Amendment Requirements. Notwithstanding the provisions of Section 12.1, ,
(a) no amendment to this Agreement shall be made without the consent of the Economic Members holding of a majority of all of the Outstanding Interests, that:
(ai) decreases the percentage of Outstanding Interests required to take any action hereunder;
(bii) materially adversely affects the rights of any all of the Economic Members (including adversely affecting the holders of any particular Series of Interests as compared to holders of other series of Interests)Members;
Appears in 1 contract
Samples: Limited Liability Company Agreement (Compound Projects, LLC)
