Common use of Consent by Limited Partners in Lieu of Meeting Clause in Contracts

Consent by Limited Partners in Lieu of Meeting. Any action required by this Agreement or the Act to be taken at any regular or special meeting of the Partners, may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by the Partners having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Partners entitled to vote thereon were present and voted.

Appears in 3 contracts

Samples: Limited Partnership Agreement (NGFC Equities, Inc.), Limited Partnership Agreement (NGFC Equities, Inc.), Limited Partnership Agreement

AutoNDA by SimpleDocs

Consent by Limited Partners in Lieu of Meeting. Any action required by this Agreement or the Delaware Act to be taken at any regular or special meeting of the Partners, Partners may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by the Partners having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Partners entitled to vote thereon were present and voted.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Sea Breeze Power Corp), Limited Partnership Agreement (Sea Breeze Power Corp)

AutoNDA by SimpleDocs

Consent by Limited Partners in Lieu of Meeting. Any action required by this Agreement or the Act to be taken at any regular or special meeting of the Partners, Partners may be taken without a meeting, without prior notice and without a vote, vote if a consent or consents in writing, setting forth the action so taken, shall be signed by the Partners having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Partners entitled to vote thereon were present and voted.

Appears in 1 contract

Samples: Limited Partnership Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!