Consent of Adversely Affected Partner Required. Notwithstanding ---------------------------------------------- Section 14.1(a) and Section 14.1(b) hereof, this Agreement shall not be --------------- --------------- amended without the Consent of each Partner adversely affected if such amendment would (i) convert a Limited Partner's interest in the Partnership into a general partner's interest, (ii) modify the limited liability of a Limited Partner, (iii) alter rights of the Partner to receive distributions pursuant to Article V, or the allocations specified in Article VI (except as permitted pursuant to Section 4.2 and Section 14.1(b)(3) hereof), (iv) ----------- ------------------ alter or modify the Conversion Right or the Redemption Amount as set forth in Sections 4.2(e), 8.6 and 11.2(b), and related definitions hereof, (v) --------------- --- ------- cause the termination of the Partnership prior to the time set forth in Sections 2.5 or 13.1, (vi) amend this Section 14.1(c) or (vii) amend ------------ ---- --------------- Article VI or any definition used therein that would have the effect of causing the allocations in Article VI to fail to comply with the requirements of Section 514(c)(9)(E) of the Code. Further, no amendment may alter the restrictions on the General Partner's authority set forth in Section 7.3 without the Consent specified in that section. -----------
Appears in 2 contracts
Samples: Limited Partnership Agreement (Cabot Industrial Trust), Contribution Agreement (Cabot Industrial Trust)
Consent of Adversely Affected Partner Required. Notwithstanding ---------------------------------------------- Section 14.1(a) and Section 14.1(b) hereof, this Agreement shall not be --------------- --------------- amended without the Consent of each Partner adversely affected if such amendment would (i) convert a Limited Partner's interest in the Partnership into a general partner's interest, (ii) modify the limited liability of a Limited Partner, (iii) alter rights of the Partner to receive distributions pursuant to Article V, or the allocations specified in Article VI (except as permitted pursuant to Section 4.2 and Section 14.1(b)(3) hereof), (iv) ----------- ------------------ alter or modify the Conversion Right or the Redemption Amount as set forth in Sections 4.2(e), 8.6 and 11.2(b), and related definitions hereof, (v) --------------- --- ------- cause the termination of the Partnership prior to the time set forth in Sections 2.5 or 13.1, (vi) amend this Section 14.1(c) or (vii) amend ------------ ---- --------------- Article VI or any definition used therein that would have the effect of causing the allocations in Article VI to fail to comply with the requirements of Section 514(c)(9)(E) of the Code. Further, no amendment may alter the restrictions on the General Partner's authority set forth in Section 7.3 without the Consent specified in that section. -----------in
Appears in 2 contracts
Samples: Limited Partnership Agreement (Cabot Industrial Properties Lp), Limited Partnership Agreement (Cabot Industrial Properties Lp)
Consent of Adversely Affected Partner Required. Notwithstanding ---------------------------------------------- Section 14.1(a) and Section 14.1(b) hereof, this Agreement shall not be --------------- --------------- amended without the Consent of each Partner adversely affected if such amendment would (i) convert a Limited Partner's interest in the Partnership into a general partner's interest, (ii) modify the limited liability of a Limited Partner, (iii) alter rights of the Partner to receive distributions pursuant to Article V, or the allocations specified in Article VI (except as permitted pursuant to Section 4.2 and Section 14.1(b)(3) hereof), (iv) ----------- ------------------ alter or modify the Conversion Right or the Redemption Amount as set forth in Sections 4.2(e), 8.6 and 11.2(b), and related definitions hereof, (v) --------------- --- ------- cause the termination of the Partnership prior to the time set forth in Sections 2.5 or Section 13.1, (vi) amend this Section 14.1(c) or (vii) amend ------------ ---- --------------- Article VI or any definition used therein that would have the effect of causing the allocations in Article VI to fail to comply with the requirements of Section 514(c)(9)(E) of the Code. Further, no amendment may alter the restrictions on the General Partner's authority set forth in Section 7.3 without the Consent specified in that section. -----------.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Baron Capital Trust), Limited Partnership Agreement (Baron Capital Trust)
Consent of Adversely Affected Partner Required. Notwithstanding ---------------------------------------------- Section 14.1(a) and Section 14.1(b) hereof, this Agreement shall not be --------------- --------------- amended without the Consent of each Partner adversely affected if such amendment would (i) convert a Limited Partner's interest in the Partnership into a general partner's interest, (ii) modify the limited liability of a Limited Partner, (iii) alter rights of the Partner to receive distributions pursuant to Article V, or the allocations specified in Article VI (except as permitted pursuant to Section 4.2 and Section 14.1(b)(3) hereof), (iv) ----------- ------------------ alter or modify the Conversion Right or the Redemption Amount as set forth in Sections 4.2(e), 8.6 and 11.2(b), and related definitions hereof, (v) --------------- --- ------- cause the termination of the Partnership prior to the time set forth in Sections 2.5 or 13.1, (vi) amend this Section 14.1(c) or (vii) amend ------------ ---- --------------- Article VI or any definition used therein that would have the effect of causing the allocations in Article VI to fail to comply with the requirements of Section 514(c)(9)(E) of the Code. Further, no amendment may alter the restrictions on the General Partner's authority set forth in Section 7.3 without the Consent specified in that section. -----------.
Appears in 1 contract
Samples: Limited Partnership Agreement (Mar Mar Realty Trust)