ONE VOTE PER UNIT Clause Samples

ONE VOTE PER UNIT. A Limited Partner shall be entitled to cast one vote for each Unit which that Limited Partner owns (i) at a meeting, in person, by written proxy or by a signed writing directing the manner in which that Limited Partner desires that his vote be cast; or (ii) without a meeting, by a signed writing directing the manner in which that Limited Partner desires that his vote be cast which proxy or writing must be received by the General Partner prior to the date upon which the votes of Limited Partners of record as of the date of such meeting or vote shall be counted. The General Partner shall not be entitled to vote except to the extent the General Partner also owns Units as a Limited Partner. The laws of the State of California pertaining to the validity and use of corporate proxies shall govern the validity and use of proxies given by Limited Partners. 9.