Common use of Amendment of Operating Agreement Clause in Contracts

Amendment of Operating Agreement. Except as otherwise provided in Article IV, this Operating Agreement may only be amended by a majority in interest of the Members, provided that no amendment shall affect adversely a Member's economic rights as an equity owner or reduce a Member's percentage ownership without such Member's consent.

Amendment of Operating Agreement. Except as otherwise provided in Article IV, this This Operating Agreement may only be amended by a majority in interest of the Members, provided that no amendment shall affect adversely a Member's economic rights as an equity owner or reduce a Member's percentage ownership without such Member's consent.

Amendment of Operating Agreement. Except as otherwise provided in Article IV, this This Operating Agreement may only be amended by Members who own a majority in interest of the MembersMembership Interests in the Company, provided that no amendment shall affect adversely a Member's ’s economic rights as an equity owner or reduce a Member's ’s percentage ownership without such Member's ’s consent.