Common use of Amendments Requiring Majority Consent Clause in Contracts

Amendments Requiring Majority Consent. Any amendment that has, or could reasonably be expected to have, a material adverse effect on the Limited Partners, other than amendments described in Section 11.03, shall require the consent of the General Partner and Limited Partners holding a majority of the Investor Shares or, if an amendment materially and adversely affects only one series or class of Investor Shares, then the Limited Partners holding a majority of the Investor Shares of that series or class.

Appears in 4 contracts

Sources: Limited Partnership Agreement (Energea Portfolio 4 USA LP), Limited Partnership Agreement (Energea Portfolio 3 Africa LP), Limited Partnership Agreement (Energea Portfolio 3 Africa LP)

Amendments Requiring Majority Consent. Any amendment that has, or could reasonably be expected to have, a material and disproportionate adverse effect on the Limited PartnersPartners holding any class of Investor Shares as compared to any other class of shares, other than amendments described in Section 11.03, shall require the consent of the General Partner and Limited Partners holding a majority of the Investor Shares or, if an amendment such materially and adversely affects only one series or disproportionately effected class of Investor Shares, then the Limited Partners holding a majority of the Investor Shares of that series or class.

Appears in 1 contract

Sources: Limited Partnership Agreement (Energea Portfolio 5 LATAM LP)