Common use of Modification Provision Clause in Contracts

Modification Provision. This Declaration may not be modified in any respect whatsoever, or rescinded, in whole or in part, except by written instrument duly recorded in the Office of the County Recorder of San Diego County, after first being duly signed and acknowledged by Declarant for so long as there is a Declarant, and by those Owners (which may include Declarant) holding at least seventy-five percent (75%) of the Members' voting power. Notwithstanding the foregoing, any modification or rescission of any of the provisions of Section 8.2 regarding the Common Area and the provisions of Article 11 regarding the grant of easements with respect to the Common Area shall require the written consent of those Owners as set forth in Section 8.2.

Appears in 5 contracts

Samples: Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)

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