Common use of Limited Voting Rights of the Members Clause in Contracts

Limited Voting Rights of the Members. Subject to the terms of any Class Designation, the Members (other than the KKR Members) shall be entitled to vote only on the following matters specified in this Section 11.9, and shall otherwise have no voting rights whatsoever with respect to the Company: (a) The Company shall not merge, consolidate, convert, or divide (pursuant to Section 18-217 of the Act) without the consent of Members holding a majority of the outstanding Shares of all Classes. (b) Any amendments to this Agreement requiring the consent of the Members pursuant to Section 17.2.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC), Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC), Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC)

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