Restrictions on Voting. During the term of this Agreement, including any extensions or renewals of this Agreement, neither the Advisor nor its Affiliates shall be permitted to vote any Shares they now own, or hereafter acquire, in any vote regarding the approval or termination of any contract with the Advisor or any of its Affiliates. The restrictions on voting of Shares owned by the Advisor and its Affiliates shall cease and be of no further effect upon termination of this Agreement.
Appears in 4 contracts
Samples: Advisory Agreement (United Development Funding Income Fund V), Advisory Agreement (United Development Funding Income Fund V), Advisory Agreement (United Development Funding Income Fund V)
