Special Amendment Provisions Sample Clauses
Special Amendment Provisions. Notwithstanding anything to the contrary contained herein, no agreement shall (i) except as provided in clause Section 9.14 or in any Collateral Document, release all or substantially all of the Collateral or subordinate all or substantially all of the Lenders’ Liens granted pursuant to the Collateral Documents without the written consent of each Lender or (ii) change the order in the application of any proceeds of Collateral set forth in the last paragraph of Article VII without the written consent of each Lender directly and adversely affected thereby (other than a Defaulting Lender).
Special Amendment Provisions. (a) Notwithstanding anything in Section 11.01 to the contrary, neither the General Partner nor the Limited Partners may, without the prior written consent of the Limited Partners holding more than fifty percent (50%) of all outstanding Class B Units, amend this Agreement in any manner that (i) adversely affects the rights or benefits of, or results in imposition of any liability or obligation in respect of, Class B Units, except for any amendment that affects all holders of Class A Units and does not disproportionately and adversely affect holders of Class B Units or (ii) affects rights under Section 9.07 above or this Section 11.03(a) in respect of Class B Units.
(b) Notwithstanding anything in Section 11.01 to the contrary, neither the General Partner nor the Limited Partners may, without the prior written consent of the Limited Partners holding more than fifty percent (50%) of all outstanding Class C Units, or, if the Class C Units shall not have been issued, the holder or holders of the right or rights to receive more than fifty percent (50%) of Class C Units when issued, amend this Agreement in any manner that (i) adversely affects the rights or benefits of, or results in imposition of any liability or obligation in respect of, Class C Units or the right or rights to receive Class C Units, except for any amendment that affects all holders of Class A Units and does not disproportionately and adversely affect holders of Class C Units or the right or rights to receive Class C Units or (ii) affects rights under Section 9.07 above or this Section 11.03(b) in respect of Class C Units or the right or rights to receive Class C Units.
9. Except as modified herein, all terms and conditions of the Prior Partnership Agreement shall remain in full force and effect, which terms and conditions the General Partner hereby ratifies and confirms.
10. This Second Amendment shall be construed and enforced in accordance with and governed by the laws of the Commonwealth of Virginia.
11. If any provision of this Second Amendment is or becomes invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not be affected thereby.
12. This Second Amendment may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one and the same agreement. This Second Amendment may be executed by facsimile signatures.
13. HK-VB is hereby designate...
