Partner Override. The Partners holding a Supermajority, excluding Stock Ownership Interests which are held by the Managing Partner, may, at any time within thirty (30) days after a determination by the Managing Partner, override by Resolution such Managing Partner’s determination under this Article V (p.73) the amount of Available Cash available for, and the manner of, distribution, and the amount of Reasonable Reserves.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Partner Override. The Partners holding a Supermajority, excluding Stock Ownership Interests which are held by the Managing PartnerXxxxxx, may, may at any time within thirty (30) days after a determination by the Managing Partner, override by Resolution such Managing Partner’s determination under this Article V Appendix II (p.73p.54) of the amount of Available Cash available for, and the manner of, distribution, and the amount of Reasonable Reserves.. i
Appears in 1 contract
Samples: Operating Agreement
Partner Override. The Partners holding a Supermajority, excluding Stock Ownership Interests which are held by the Managing Partner, may, may at any time within thirty (30) days after a determination by the Managing Partner, override by Resolution such Managing Partner’s determination under this Article V Appendix II (p.73p.54) of the amount of Available Cash available for, and the manner of, distribution, and the amount of Reasonable Reserves.
Appears in 1 contract
Samples: Operating Agreement