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, an adverse effect on the Class A Members, other than amendments described in section 11.4, shall require the consent of the Manager and Class A Members holding a majority of the Class A Shares.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Mysk Orlando Growth Fund LLC), Limited Liability Company Agreement

Amendments Requiring Majority Consent. Any amendment that has, or could reasonably be expected to have, an a material adverse effect on the Class A Members, other than amendments described in section 11.411.3, shall require the consent of the Manager and Class A Members holding a majority of the Class A Shares or, if an amendment affects only one class of Class A Shares, then the Class A Members holding a majority of the Class A Shares of that Series.

Appears in 1 contract

Sources: Investment Agreement