Common use of Informal Action Clause in Contracts

Informal Action. Any action required or permitted to be taken at a meeting of the Partners may be taken without a meeting if a written Consent setting forth the action so taken is signed by a majority of the Percentage Interests of the Partners (or such other percentage as is expressly required by this Agreement). Such Consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote of a majority of the Percentage Interests of the Partners (or such other percentage as is expressly required by this Agreement). Such Consent shall be filed with the General Partner. An action so taken shall be deemed to have been taken at a meeting held on the effective date so certified.

Appears in 3 contracts

Sources: Limited Partnership Agreement (Baron Capital Trust), Limited Partnership Agreement (Baron Capital Trust), Limited Partnership Agreement (Mar Mar Realty Trust)

Informal Action. Any action required or permitted to be taken at --------------- a meeting of the Partners may be taken without a meeting if a written Consent setting forth the action so taken is signed by a majority of the Percentage Interests of the Partners (or such other percentage as is expressly required by this Agreement). Such Consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote of a majority of the Percentage Interests of the Partners (or such other percentage as is expressly required by this Agreement). Such Consent shall be filed with the General Partner. An action so taken shall be deemed to have been taken at a meeting held on the effective date so certified.

Appears in 3 contracts

Sources: Limited Partnership Agreement (Cabot Industrial Properties Lp), Limited Partnership Agreement (Cabot Industrial Trust), Limited Partnership Agreement (Cabot Industrial Properties Lp)

Informal Action. Any action required or permitted to be taken --------------- at a meeting of the Partners may be taken without a meeting if a written Consent setting forth the action so taken is signed by a majority of the Percentage Interests of the Partners (or such other percentage as is expressly required by this Agreement). Such Consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote of a majority of the Percentage Interests of the Partners (or such other percentage as is expressly required by this Agreement). Such Consent shall be filed with the General Partner. An action so taken shall be deemed to have been taken at a meeting held on the effective date so certified.

Appears in 2 contracts

Sources: Contribution Agreement (Cabot Industrial Trust), Agreement of Limited Partnership (Cabot Industrial Trust)

Informal Action. Any action required or permitted to be taken at a meeting of the Partners may be taken without a meeting if a written Consent setting forth the action so taken is signed by Partners holding a majority of the Percentage Interests of the Partners Partnership Units so required for such action (or such other percentage as is expressly required by this Agreement). Such Consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote of Partners holding a majority of the Percentage Interests of the Partners Partnership Units so required for such action (or such other percentage as is expressly required by this Agreement). Such Consent shall be filed with the General Partner. An action so taken shall be deemed to have been taken at a meeting held on the effective date so certified.

Appears in 1 contract

Sources: Limited Partnership Agreement (Rodamco North America N V)