Matters Requiring Unanimous Approval. Notwithstanding anything to the contrary (other than Section 10.8), the unanimous approval of all Directors shall be required for each of the matters listed in Schedule 4. Without limiting the generality of the foregoing, the Members and the JV Company shall take all necessary actions to implement the foregoing, including but not limited to, effecting any amendments to the Articles of Incorporation and other constitutional documents of the JV Company, to ensure that the unanimous approval of all Directors is required to adopt any of the matters set out in Schedule 4.
Matters Requiring Unanimous Approval. The following matters will require unanimous approval of the partners: (i) any change to the financial year of the Partnership; (ii) the dissolution of the Partnership; (iii) the transfer or encumbrance of the nominal general partner interest to be issued to HWDM; (iv) replacing HWDM as the general partner of the Partnership; or (v) the Partnership entering into any contractual arrangement with any partner or related entity of any such partner.
Matters Requiring Unanimous Approval. The following matters ------------------------------------ shall require the affirmative vote or written
Matters Requiring Unanimous Approval. Except as otherwise provided by this Agreement, the Management Committee shall have exclusive authority to determine all management matters related to this Agreement. Notwithstanding any other provision of this Agreement, the following shall require the unanimous approval of the Management Committee: Any Program and Budget proposing an increase in operating costs of more than 25% over the previous approved Program and Budget. Changing the fiscal year end of the Venture. Selling all or substantially all of the Properties. Entering into any related party transaction. Entering into any acquisition or investment other than in the ordinary course of business. Disposing of any material property or assets other than in the ordinary course of business. Executing and delivering any agreement with respect to the Properties. The matters set forth in this section shall not require the unanimous approval of the Management Committee if one Participant's Participating Interest becomes less than 20%.
Matters Requiring Unanimous Approval. The following require unanimous written approval of the Management Committee:
Matters Requiring Unanimous Approval. On the following matters of major concern to the Joint Venture, action shall only be taken pursuant to Consent in the form of resolutions adopted by a unanimous vote or consent of all of the Directors of the Joint Venture:
Matters Requiring Unanimous Approval. Notwithstanding any other provision of this Agreement the following matters shall require the unanimous approval of the Management Committee:
Matters Requiring Unanimous Approval. The Management Committee shall be responsible for approving the following actions by the Company, all of which shall require the unanimous approval of all members of the Management Committee:
Matters Requiring Unanimous Approval. 15 8.7 PARTICIPANT MAY REQUIRE OPERATIONS TO BE SHUT DOWN..........16 8.8
Matters Requiring Unanimous Approval. Notwithstanding any other provision of this Agreement the following matters shall require the unanimous approval of the Management Committee and the Manager shall not have a tie or casting vote with respect to such items:
