Class A Protective Provisions Sample Clauses

Class A Protective Provisions. Notwithstanding any other provision in this Agreement, so long as at least 20% of all issued units (as adjusted for unit splits, dividends, reclassification and the like) are Class A Voting Common Units, the Company shall not either directly or indirectly by amendment, merger, consolidation or otherwise do any of the following without (in addition to any other vote required by law or this Agreement) first obtaining the approval (by vote or written consent, as provided by law) of the holders of at least a simple majority of the then outstanding Class A Voting Common Units, voting separately as a single class and any such act or transaction entered into without such consent or vote shall be null and void ab initio, and of no force or effect:
Sample 1
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Related to Class A Protective Provisions

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