Common use of Special Voting Rights Clause in Contracts

Special Voting Rights. At the request of Participants whose Units equal 10% or more of the total Units, the Managing General Partner shall call for a vote by Participants. Each Unit is entitled to one vote on all matters, and each fractional Unit is entitled to that fraction of one vote equal to the fractional interest in the Unit. Participants whose Units equal a majority of the total Units may, without the concurrence of the Managing General Partner or its Affiliates, vote to:

Appears in 16 contracts

Samples: Partnership Agreement (Atlas Resources Series 33-2013 L.P.), Limited Partnership Agreement (DGOC Series 18B LP), Limited Partnership Agreement (DGOC Series 18C LP)

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Special Voting Rights. At the request of Participants whose who's Units equal 10% or more of the total Units, the Managing General Partner shall call for a vote by Participants. Each Unit is entitled to one vote on all matters, and each fractional Unit is entitled to that fraction of one vote equal to the fractional interest in the Unit. Participants whose Units equal a majority of the total Units may, without the concurrence of the Managing General Partner or its Affiliates, vote to:

Appears in 1 contract

Samples: Limited Partnership Agreement (Atlas Resources Public #17-2008 (B) L.P.)

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Special Voting Rights. At the request of Participants whose who’s Units equal 10% or more of the total Units, the Managing General Partner shall call for a vote by Participants. Each Unit is entitled to one vote on all matters, and each fractional Unit is entitled to that fraction of one vote equal to the fractional interest in the Unit. Participants whose Units equal a majority of the total Units may, without the concurrence of the Managing General Partner or its Affiliates, vote to:

Appears in 1 contract

Samples: Limited Partnership Agreement (Atlas America Public #15-2005 (B) L.P.)

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