Common use of Proposal and Adoption of Amendments Clause in Contracts

Proposal and Adoption of Amendments. This Agreement may be amended, after giving 20 days' Notice to the Partners hereunder (a) by the General Partner with the Consent of the Investment Partnership, which Consent (except in the case of any proposed amendment which the Investment Partnership reasonably determines to be adverse to their interests as Partners) shall not be unreasonably withheld or (b) by the Investment Partnership without the Consent of the General Partner, (except in the case of any proposed amendment which the General Partner reasonably determines to be adverse to its interest as Partner, and if such Consent is required by the foregoing, which Consent shall not be unreasonably withheld or delayed). In determining whether or not to give its Consent to an amendment prepared by the Investment Partnership, the General Partner agrees to take into account the investment objectives of the Investment Partnership.

Appears in 3 contracts

Samples: Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp, Boston Capital Tax Credit Fund Iv Lp

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Proposal and Adoption of Amendments. This Agreement may be amended, after giving 20 days' Notice to the Partners hereunder (a) by the General Partner with the Consent of the Investment Partnership, which Consent (except in the case of any proposed amendment which the Investment Partnership reasonably determines to be adverse to their its interests as Partnersa Partner) shall not be unreasonably withheld or (b) by the Investment Partnership without the Consent consent of the General Partner, Partner (except in the case of any proposed amendment which the General Partner reasonably determines to be adverse to its interest interests as a Partner, and if such Consent is required by the foregoing, which Consent shall not be unreasonably withheld or delayed). In determining whether or not to give its Consent to an amendment prepared by the Investment Partnership, the General Partner agrees to take into account the investment objectives of the Investment Partnership.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

Proposal and Adoption of Amendments. This Agreement may be amended, after giving 20 days' Notice to the Partners hereunder (a) by the General Partner with the Consent of the Investment Partnership, which Consent (except in the case of any proposed amendment which the Investment Partnership InvestmentPartnership reasonably determines to be adverse to their interests as Partners) shall not be unreasonably withheld or (b) by the Investment Partnership without the Consent of the General Partner, (except in the case of any proposed amendment which the General Partner reasonably determines to be adverse to its interest as Partner, and if such Consent is required by the foregoing, which Consent shall not be unreasonably withheld or delayed). In determining whether or not to give its Consent to an amendment prepared by the Investment Partnership, the General Partner agrees to take into account the investment objectives of the Investment Partnership.. ARTICLE XV

Appears in 1 contract

Samples: Agreement (Boston Capital Tax Credit Fund Iv Lp)

Proposal and Adoption of Amendments. This Agreement may be amended, after giving 20 days' Notice to the Partners hereunder (a) by the General Partner with the Consent of the Investment Partnership, which Consent (except in the case of any proposed amendment which the Investment Partnership reasonably determines to be adverse to their its interests as Partnersa Partner) shall not be unreasonably withheld or (b) by the Investment Partnership without with the Consent consent of the General Partner, Partner which Consent (except in the case of any proposed amendment which the General Partner reasonably determines to be adverse to its interest interests as a Partner, and if such Consent is required by the foregoing, which Consent ) shall not be unreasonably withheld or delayed)withheld. In determining whether or not to give its Consent to an amendment prepared by the Investment Partnership, the General Partner agrees to take into account the investment objectives of the Investment Partnership.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

Proposal and Adoption of Amendments. This Agreement may be amended, after giving 20 days' Notice to the Partners hereunder (a) by the General Partner with the Consent of the Investment Partnership, which Consent (except in the case of any proposed amendment which the Investment Partnership reasonably determines to be adverse to their interests as Partners) shall not be unreasonably withheld or (b) by the Investment Partnership without with the Consent consent of the General Partner, Partner which Consent (except in the case of any proposed amendment which the General Partner reasonably determines determine to be adverse to its interest their interests as Partner, and if such Consent is required by the foregoing, which Consent Partners) shall not be unreasonably withheld or delayed). In determining whether or not to give its Consent to an amendment prepared by the Investment Partnership, the General Partner agrees agree to take into account the investment objectives of the Investment Partnership.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

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Proposal and Adoption of Amendments. This Agreement may be amended, after giving 20 days' Notice to the Partners hereunder (a) by the General Partner with the Consent of the Investment Partnership, which Consent (except in the case of any proposed amendment which the Investment Partnership reasonably determines to be adverse to their interests as Partners) shall not be unreasonably withheld or (b) by the Investment Partnership without the Consent of the General Partner, (except in the case of any proposed amendment which the General Partner reasonably determines to be adverse to its interest as Partner, and if such Consent is required by the foregoing), which Consent shall not be unreasonably withheld or delayed). In determining whether or not to give its Consent to an amendment prepared by the Investment Partnership, the General Partner agrees to take into account the investment objectives of the Investment Partnership.

Appears in 1 contract

Samples: Boston Capital Tax Credit Fund Iv Lp

Proposal and Adoption of Amendments. This Agreement may be amended, after giving 20 days' Notice to the Partners hereunder (a) by the General Partner with the Consent of the Investment Partnership, which Consent (except in the case of any proposed amendment which the Investment Partnership reasonably determines to be adverse to their interests as Partners) shall not be unreasonably withheld or (b) by the Investment Partnership without the Consent of the General Partner, (except in the case of any proposed amendment which the General Partner reasonably determines to be adverse to its interest as Partner, and if such Consent is required by the foregoing, which Consent shall not be unreasonably withheld or delayed). In determining whether or not to give its Consent to an amendment prepared by the Investment Partnership, the General Partner agrees to take into account the investment objectives of the Investment Partnership.. ARTICLE XV

Appears in 1 contract

Samples: Agreement (Boston Capital Tax Credit Fund Iv Lp)

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