Common use of Majority Vote Clause in Contracts

Majority Vote. All matters upon which the Limited Partners may vote shall require, and the term "Majority Vote" shall mean, the vote or written consent of 50% or more of all issued Units held by the Limited Partners. Each Limited Partner shall be entitled to cast one vote for each Unit which that Limited Partner owns. 9.3.4

Appears in 4 contracts

Samples: Performance Asset Management Co, Performance Asset Management Co, Performance Asset Management Co

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Majority Vote. All matters upon which the Limited Partners may vote shall require, and the term "Majority Vote" shall mean, the vote or written consent of 50% or more of all issued Units held by the Limited Partners. Each Limited Partner shall be entitled to cast one vote for each Unit which that such Limited Partner owns. 9.3.4

Appears in 1 contract

Samples: Performance Asset Management Co

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