Common use of Meeting of Partnership Clause in Contracts

Meeting of Partnership. Meetings of the Partnership may be noticed either (a) at any time by the General Partner; or (b) by any Partner with an Interest greater than 20% of the Income and Losses. The notice for a meeting shall specify the purpose of such meeting, and the time and the place of such meeting (which shall be by telephone conference or at the principal place of business of the Partnership). Any Partner calling a Partners meeting shall provide written notice to all Partners. The meeting shall not be held less than 15 days nor more than 30 days from the Partners' receipt of the notice. All meetings and actions of the Limited Partner shall be governed in all respects, including matters relating to notice, quorum, adjournment, proxies, record dates and actions without a meeting, by the applicable provisions of the Act, as it shall be amended from time to time.

Appears in 11 contracts

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

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