Cancellation of Units. The Class A Units may not be cancelled without the consent of a Majority in Interest of the Class A Members. The Class B Units may not be cancelled without the affirmative vote of a Majority in Interest of the Class B Members. The Class C Units may not be cancelled without the affirmative vote of a Majority in Interest of the Class C Members.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Theravance Inc), Limited Liability Company Agreement (Theravance Biopharma, Inc.)