Voting on Amendments. Subject to Section 21.11 and Section 17A, amendments to the NEPOOL Agreement or Tariff shall be accomplished as follows:
(a) Amendments shall be drafted by a standing or ad hoc NEPOOL committee or a Participant and sent to the Participants Committee for its consideration.
(b) The Participants Committee shall take action pursuant to Section 6.10 to direct the Balloting Agent to circulate ballots for approval of the draft Amendment to each Participant for execution by its voting member or alternate on the Participants Committee or such Participant's duly authorized officer.
(c) In order to be counted, ballots must be executed and returned to the Balloting Agent for NEPOOL in accordance with the following schedule:
(i) If the ballots are delivered to each Participant by regular mail, properly executed ballots must be returned to and received by the Balloting Agent within ten (10) business days after deposit of such ballots in the mail by the Balloting Agent, and
(ii) If the ballots are delivered to each Participant by overnight delivery, facsimile, electronic mail or hand delivery, then properly executed ballots must be returned to and received by the Balloting Agent within five (5) business days after (A) deposit of such ballots with an overnight delivery courier if delivered by overnight delivery, or (B) transmission of such ballots by the Balloting Agent if delivered by facsimile or electronic mail, or (C) receipt by the Participant if delivered by hand delivery.
(iii) If the Minimum Response Requirement for an amendment has not been received by the Balloting Agent within the schedule identified in subsection (i) or (ii) above, the Balloting Agent shall send notice by overnight delivery, facsimile, electronic mail or hand delivery to all non-responding Participants and shall count any additional properly executed ballots which it receives within five (5) business days after such notice. The date by which properly executed ballots must be returned and received by the Balloting Agent shall be specified by the Balloting Agent in the notice accompanying such ballots.
(d) A Participant may appeal to the Review Board or submit for resolution pursuant to the alternative dispute resolution provisions of Section 21.1 a proposed amendment for which ballots have been circulated, provided that such appeal is taken or submission is presented before the end of the tenth (10th) business day after the Participants Committee has taken action to direct the Balloting Agent t...
Voting on Amendments. (a) Amendments to this Agreement may be proposed by the General Partner or by one (1) Limited Partner. Following such proposal, the General Partner shall submit to the Limited Partners a verbatim statement of any proposed amendment, providing that counsel for the Partnership shall have approved of the same in writing as to form, and the General Partner shall include in any such submission a recommendation as to the proposed amendment. The General Partner shall seek the written vote of the Partners on the proposed amendment or shall call a meeting to vote thereon and to transaction any other business that it may deem appropriate. Subject to Section 6.4(b), a proposed amendment shall be adopted and be effective as an amendment hereto if it receives the affirmative vote of a Super-Majority.
(b) Notwithstanding Section 6.6(a) hereof and subject to Section 6.4(b), this Agreement shall not be amended without the consent of each Partner adversely affected if such amendment would (i) convert a Limited Partner’s interest in the Partnership into a General Partner’s interest or (ii) modify the limited liability of a Limited Partner.
Voting on Amendments. (a) Amendments to this Agreement or to the Articles may be proposed by any (i) Manager; or (ii) Member(s) owning, in the aggregate, more than 50% of the outstanding Membership Interests. Following such proposal, the Managers shall submit to the Members a verbatim statement of any proposed amendment, providing that counsel for the Company shall have approved of the same as to form, and the Managers shall include in any such submission a recommendation for or against the proposed amendment or a statement that the Managers make o recommendation regarding the amendment. The Managers shall seek the written consent of the Members on the proposed amendment or shall call a meeting to vote thereon and to transact any other business that they may deem appropriate. A proposed amendment shall be adopted and be effective as an amendment hereto if it receives the affirmative vote or written consent of the Members owning at least 66% of the outstanding Membership Interests.
(b) Notwithstanding Section 7.5(a), neither this Agreement nor the Articles shall be amended without the consent of each Member adversely affected if such amendment would (i) modify the limited liability of a Member, or (ii) alter the interest of a Member in Profits, Losses, other items of income, gain, loss, deduction or credit or any Company distributions.
Voting on Amendments. Except as otherwise provided in this Agreement, all proposed amendments shall be submitted to the Partners in the following manner:
(a) Within fifteen (15) days of its proper proposal, notice of the proposed amendment and the text thereof, along with a ballot, shall be sent by the General Partners to each Partner by certified mail, return receipt requested, at the last known address of each Partner; and
(b) The ballot supplied with the notice of the proposed amendment shall state that the written vote of each Partner is due, at the offices of the Partnership, within fifteen (15) days of the date of the notice of proposed amendment (which shall be the date of the postmark of such notice). Ballots not received by said date shall be deemed to have been voted in favor of the proposal.
Voting on Amendments. Subject to Section 21.11 and Section 17A, -------------------- amendments to the NEPOOL Agreement or Tariff shall be accomplished as follows: Issued by: David T. Doot Effective: March 1, 2000 Xxxxxx xx: December 30, 1999 67269.43 New England Power Pool FERC Electric Rate Schedule No. 5, Original Revised Sheet No. 86
Voting on Amendments. Subject to Section 16.9, amendments to this Agreement shall be accomplished as follows:
(a) Amendments shall be drafted by a standing or ad hoc NEPOOL committee or a Participant and sent to the Participants Committee for its consideration.
(b) The Participants Committee shall take action pursuant to Section 6.9 to direct the Balloting Agent to circulate ballots for approval of the draft Amendment to each Participant for execution by its voting member or alternate on the Participants Committee or such Participant’s duly authorized officer. Issued by: Xxxxx X. Xxxx, Secretary Effective: February 1, 2005 Issued on: September 13, 2004 New England Power Pool Sheet No. 32 Second Restated NEPOOL Agreement
Voting on Amendments. Subject to Section 16.9, amendments to this Agreement shall be accomplished as follows:
(a) Amendments shall be drafted by a standing or ad hoc NEPOOL committee or a Participant and sent to the Participants Committee for its consideration.
(b) The Participants Committee shall take action pursuant to Section 6.9 to direct the Balloting Agent to circulate ballots for approval of the draft Amendment to each Participant for execution by its voting member or alternate on the Participants Committee or such Participant’s duly authorized officer.
(c) In order to be counted, ballots must be executed and returned to the Balloting Agent for NEPOOL in accordance with the following schedule:
(i) If the ballots are delivered to each Participant by regular mail, properly executed ballots must be returned to and received by the Balloting Agent within ten
Voting on Amendments. 83 6.12 Designated Representatives and Proxies.......................................................87 6.13
Voting on Amendments. 7.6. Resignation/Withdrawal
Voting on Amendments. Subject to Section 16.9, amendments to this Agreement shall be accomplished as follows:
(a) Amendments shall be drafted by a standing or ad hoc NEPOOL committee or a Participant and sent to the Participants Committee for its consideration.
(b) The Participants Committee shall take action pursuant to Section 6.9 to direct the Balloting Agent to circulate ballots for approval of the draft Amendment to each Participant for execution by its voting member or alternate on the Participants Committee or such Participant’s duly authorized officer. Issued by: Xxxxx X. Xxxx, Secretary Effective: February 1, 2005
(c) In order to be counted, ballots must be executed and returned to the Balloting Agent for NEPOOL in accordance with the following schedule:
(i) If the ballots are delivered to each Participant by regular mail, properly executed ballots must be returned to and received by the Balloting Agent within ten
