Percentage of Voting Power for Partnership Decisions. A. Except as otherwise specifically provided in this Agreement, the affirmative vote of more than 50% of the voting power of all General Partners shall determine all issues at any meeting of the General Partners. B. Any percentage of voting power of the General Partners required by this Agreement shall relate to the percentage of the total voting power of all General Partners entitled to vote on the issue and not to a percentage of the voting power of the General Partners present at a meeting.
Appears in 12 contracts
Samples: Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies LLLP), Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies LLLP), Agreement of Registered Limited Liability Limited Partnership (Jones Financial Companies LLLP)
Percentage of Voting Power for Partnership Decisions. A. Except as otherwise specifically provided in this Agreement, the affirmative vote of more than 50% of the voting power of all General Partners shall determine all issues at any meeting of the General Partners.
B. Any percentage of voting power of the General Partners required by this Agreement shall relate to the percentage of the total voting power of all General Partners entitled to vote on the issue and not to a percentage of the voting power of the General Partners present at a meeting.
Appears in 1 contract
Samples: Agreement of Limited Partnership (Jones Financial Companies L P)
