Amendment Of This Section Sample Clauses

The "Amendment Of This Section" clause establishes the conditions under which the specific section of an agreement can be modified or updated. Typically, this clause requires that any changes to the section be made in writing and agreed upon by all relevant parties, ensuring that amendments are intentional and properly documented. Its core function is to prevent unauthorized or informal changes, thereby maintaining the integrity and clarity of the contractual terms.
Amendment Of This Section. This Section shall not be amended without the approval or consent of at least two-thirds (2/3) of the voting power of Members holding each Class of Units.
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Amendment Of This Section. Notwithstanding anything in this Section 3.5 to the contrary, the Board shall have the power to amend the provisions of this Section 3.5, Section 4.1 and Section 4.2 to achieve the economic results intended by this Agreement, including that (i) each Class B Unit has identical entitlement to distributions (other than any differences related to vesting) under Section 4.1(a) and (ii) any Class C Units that are granted to executives of, or other service providers to, the Company in exchange for services provided or to be provided to the Company or any Subsidiary thereof are intended to be profits interests when issued for United States federal income tax purposes.
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Amendment Of This Section. No provision of this Section 3.9 may be amended without the consent in writing of Khazanah for so long as Khazanah and its affiliates continue to beneficially own at least fifty percent (50%) of the shares of Series F Preferred Stock purchased by it pursuant to the Purchase Agreement.
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Amendment Of This Section. Except as otherwise provided herein, this Section shall not be amended without the approval or consent of at least a majority of the voting power of Members holding each Class of Units. Notwithstanding anything in this Agreement to the contrary, no amendment (whether by the Board or by the Members) of Sections 3.2(b), 3.8(g), 4.4(a), 5.1(c), 5.3, 6.1(b) and (d), 7.1, Section 3.4 of Appendix C, and Sections 4.4 and 4.5 of Article IV of Appendix E shall reduce any Member’s rights provided in such Sections without the approval or consent of at least three-fourths (3/4ths) of the voting power of Members adversely affected by such proposed amendment.
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Amendment Of This Section. Notwithstanding anything in this Agreement to the contrary, the Management Committee shall have the power to amend the provisions of this Section 2.10 and Section 4.4(a) to achieve the economic results intended by this Agreement, including that any Class F Units that are granted to executives of, or other service providers to, the Company in exchange for services provided or to be provided to the Company or any subsidiary thereof are intended to be profits interests when issued for United States federal income tax purposes.
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Related to Amendment Of This Section

  • Amendment of this Agreement No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought, and no amendment of this Agreement shall be effective until approved in a manner consistent with the 1940 Act and rules and regulations thereunder and any applicable SEC exemptive order therefrom.

  • Amendment of this Contract No provision of this Contract may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought.

  • TERMINATION OF THIS SECURITY AGREEMENT Subject to Section 10 hereof, this Security Agreement shall terminate upon the Termination Date.

  • Termination and Amendment of this Agreement This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Agreement may be amended only if such amendment is approved (i) by Underwriter, (ii) either by action of the Board of Trustees of the Trust or at a meeting of the Shareholders of the Trust by the affirmative vote of a majority of the outstanding Shares, and (iii) by a majority of the Trustees of the Trust who are not interested persons of the Trust or of Underwriter by vote cast in person at a meeting called for the purpose of voting on such approval. Either the Trust or Underwriter may at any time terminate this Agreement on sixty (60) days' written notice delivered or mailed by registered mail, postage prepaid, to the other party.

  • Effect of this Amendment Except as modified pursuant hereto, no other changes or modifications to the Financing Agreements are intended or implied and in all other respects the Financing Agreements are hereby specifically ratified, restated and confirmed by all parties hereto as of the effective date hereof. To the extent of conflict between the terms of this Amendment and the other Financing Agreements, the terms of this Amendment shall control. The Loan Agreement and this Amendment shall be read and construed as one agreement.