Common use of Unitholder Approval Clause in Contracts

Unitholder Approval. (a) All the Reserved Matters shall be subject to the approval of the Unitholders of the Company. (b) Except as required by applicable law or otherwise provided in this Agreement, any action by the Unitholders of the Company at any General Meeting or extraordinary meeting shall require the approval of Unitholders of the Company having an aggregate Unitholder Interest of more than fifty percent (50%) present and voting at a validly held meeting; provided, however, that any Reserved Matter shall require the approval of Unitholders of the Company have an aggregate Unitholder Interest of ninety percent (90%) and voting at a validly held meeting.

Unitholder Approval. (a) All the Reserved Matters shall be subject to the approval of the Unitholders of the Company. (b) Except as required by applicable law or otherwise provided in this Agreement, any action by the Unitholders of the Company at any General Meeting or extraordinary meeting shall require the approval of Unitholders of the Company having an aggregate Unitholder Interest of more not less than fifty seventy-five percent (5075%) present and voting at a validly held meeting; provided, however, that any Reserved Matter shall require the approval of Unitholders of the Company have an aggregate Unitholder Interest of ninety percent (90%) and voting at a validly held meeting.