Common use of Proposal of Amendments Clause in Contracts

Proposal of Amendments. Amendments to the Articles and this Agreement may be proposed in writing by any Member or Members or by the Manager. If required by the Manager, any such proposed amendment must be accompanied by an opinion of counsel as to the legality and effect on the Members. Copies of any amendments made pursuant to this Article XI must be sent to the Members.

Appears in 2 contracts

Samples: Master Contribution and Sale Agreement (Forest City Enterprises Inc), Master Contribution and Sale Agreement (Forest City Enterprises Inc)

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Proposal of Amendments. Amendments to the Articles and this Agreement may be proposed in writing by any Member or Members or by the ManagerMember. If required by the Manager, Company any such proposed amendment must be accompanied by an opinion of counsel as to the legality and effect on the Members. Copies of any amendments proposed to be made pursuant to this Article XI must Section 13.1 shall be sent to the Members.

Appears in 1 contract

Samples: Loan and Stock Purchase Agreement (Signature Leisure Inc)

Proposal of Amendments. Amendments to the Articles and this Agreement may be proposed in writing by any Member or Members or by the ManagerCommissioner. If required by the ManagerCompany, any such proposed amendment must be accompanied by an opinion of counsel as to the legality and effect on the Members. Copies of any amendments proposed to be made pursuant to this Article XI must Section 12.1 shall be sent to the Members.

Appears in 1 contract

Samples: Operating Agreement

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Proposal of Amendments. Amendments to the Articles and this Agreement may be proposed in writing by any the Founding Member or Members by any Manager or by the ManagerManagers. If required by the ManagerFounding Member, any such proposed amendment must be accompanied by an opinion of counsel as to the legality and effect on the Members. Copies of any amendments proposed to be made pursuant to this Article XI must Section 14.1 shall be sent to the Members.

Appears in 1 contract

Samples: Operating Agreement

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