Exceptions to Approval of Additional Consent Matters Sample Clauses

Exceptions to Approval of Additional Consent Matters. If the required consent of the Principal Investors pursuant to Section 4.4(c) is not obtained with respect to a proposed action, any Principal Investor (as defined for purposes of this Section 4.4 in Section 4.4(a)) that consented to such proposed action may request that the Company put such proposed action to a vote of the Members, and the Company shall cause such a vote to be taken (either at a meeting or pursuant to action by written consent) as promptly as reasonably practicable in accordance with this Agreement. If Common Units representing an aggregate Consent Percentage Interest of no less than 70% are voted in favor of, or consent to, the taking of the relevant action, the taking of the relevant action, then the consent of the non-consenting Principal Investor(s) shall no longer be required with respect to such action pursuant to Section 4.4(c).
Sample 1
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