Requisite Partnership Approval definition

Requisite Partnership Approval has the meaning set forth in Section 4.3(a).
Requisite Partnership Approval means that Partners holding, in the aggregate, at least seventy-five percent (75%) of the Partnership Units shall have voted to approve the Transactions and such vote is not subject to recission.

Examples of Requisite Partnership Approval in a sentence

  • The Requisite Partnership Approval is the only approval of the holders of units representing limited partner interests of the Partnership that is necessary under applicable Law and the Partnership Agreement to adopt, approve and authorize this Agreement that has not been obtained as of the date of this Agreement.

Related to Requisite Partnership Approval