Common use of Signed Instruments Clause in Contracts

Signed Instruments. Any action which may be taken or any powers which may be exercised by the Partners at a meeting may also be taken or exercised, in the case of matters which must be approved by Extraordinary Resolution, by a resolution in writing signed by Partners who hold at least 66 2/3% of the Units and, in the case of matters which must be approved by Ordinary Resolution, by a resolution in writing signed by Partners who hold more than 50% of the Units. Notice of any written resolution passed in accordance with this Section 9.21 shall be given by the General Partner to all Partners within 30 days of the date on which the resolution was passed.