Special Class Vote on Acquisitions Clause Samples
Special Class Vote on Acquisitions. Without the vote of at least fifty percent (50%) of the Class A Units (and a 50% vote of the Class B Units if there has been a Vote Shift) neither the LLC nor any Subsidiary shall enter into or consummate an acquisition of any NRTC System (other than those NRTC Systems under contract on the date hereof or referred to in the definition of Interim Financing), or more than one NRTC System in the same or a series of related transactions from a single seller or a group of Affiliated sellers, if the acquisition price per household is greater than $120 or the aggregate purchase price exceeds $25,000,000; provided, however, that this Section 5.3(d) shall expire on the date that is two years after the date hereof.
