Common use of Subsections 1 Clause in Contracts

Subsections 1. 2 and 1.3 of this Agreement shall not be amended or waived without the written consent of both Nominators, each only for so long as such Nominator and/or its Affiliates, respectively, hold at least 3,500,000 Class B Units (as adjusted for reclassifications, unit splits, unit dividends, combinations and the like). Any amendment, termination or waiver effected in accordance with this Subsection 4.7 shall be binding on each party and all of such party’s successors and permitted assigns, whether or not any such party, successor or assignee entered into or approved such amendment, termination or waiver.