Common use of Voting Rights Of the Class B Interest Clause in Contracts

Voting Rights Of the Class B Interest. So long as the Class B Interest or an Advisor Redemption Interest remains outstanding, the Partnership shall not, without the consent of the Class B Partner or the holders of the Advisor Redemption Interest, as applicable, given in person or by proxy, amend, alter or repeal, whether by merger, consolidation or otherwise, the provisions of the Partnership Agreement applicable to such Interest so as to materially and adversely affect any right, privilege or voting power of such Interest or such Partner. ARTICLE IX

Appears in 3 contracts

Samples: Agreement (Cb Richard Ellis Realty Trust), Cb Richard Ellis Realty Trust, Cb Richard Ellis Realty Trust

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Voting Rights Of the Class B Interest. So long as the Class B Interest or an Advisor Redemption Interest remains outstanding, the Partnership shall not, without the consent of the Class B Partner or the holders of the Advisor Redemption Interest, as applicable, given in person or by proxy, amend, alter or repeal, whether by merger, consolidation or otherwise, the provisions of the Partnership Agreement applicable to such Interest so as to materially and adversely affect any right, privilege or voting power of such Interest or such Partner. ARTICLE IX.

Appears in 1 contract

Samples: Agreement (Cb Richard Ellis Realty Trust)

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