Quorum of Members. Ten percent of the first 100 Class A Members present in person or by written ballot at the meeting and five percent of additional Class A Members represented in person or by written ballot, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.
Quorum of Members. Ten percent of the Class A Members represented in person or by written ballot, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.
Quorum of Members. At any meeting of the Members a quorum as to any matter shall consist of a majority of the votes entitled to be cast on the matter, except where a larger quorum is required by law or by this Agreement. Any meeting may be adjourned from time to time by a majority of the votes properly cast upon the question, whether or not a quorum is present. If a quorum is present at an original meeting, a quorum need not be present at an adjourned session of that meeting.
Quorum of Members. Unless otherwise provided by applicable law, the Certificate of Formation or this Agreement, the presence of a majority of the Members on a per capita basis and represented in person or by proxy, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting may continue to transact business until adjournment, and the subsequent withdrawal of any Member or the refusal of any Member to vote shall not affect the presence of a quorum at the meeting.
Quorum of Members. A quorum for the transaction of business at any meeting shall consist of not less than forty (40) Members present in person. Proxy votes can only be used on votes regarding financial decisions over $10,000. One proxy per share.
Quorum of Members. Ten percent of the Class A Members, Class B Members representing 10% of the outstanding Class B Capital Units, and Class C Members representing 10% of the outstanding Class C Capital Units, represented in person, by proxy, or by written ballot, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.
Quorum of Members. Unless otherwise provided in the Articles, the holders of a majority of the Membership Interests entitled to vote, represented in person or by proxy, shall constitute a quorum at a meeting of Members, but in no event shall a quorum consist of the holders of less than one-third (1/3) of the Membership Interest entitled to vote for each voting class, if more than one class, and thus represented at such meeting. The vote of the holders of a majority of the Membership Interests entitled to vote for each class, if more than one class, shall be the act of the Members’ meeting, unless the vote of a greater number is required by law, the Articles or this Operating Agreement.
Quorum of Members a. Subject to sub-paragraph 2.6b, a quorum for the transaction of business at any meeting of members shall consist of not less than a majority of members.
Quorum of Members. Except as otherwise required by the Act, Class B Members holding at least a majority of the total Voting Interests of all Class B Members, present in person, shall constitute a quorum at each meeting of Members. The Class B Members present at a meeting of Members at which a quorum is not present may adjourn the meeting until such time and place as may be determined by vote of the Class B Members holding a majority of the Voting Interests present. At any such adjourned meeting at which a quorum shall be present and acting throughout, any business may be transacted that might have been transacted at the meeting as originally convened.
Quorum of Members. Five percent (5%) of the Members entitled to vote on each matter being presented at the meeting, whether Class A Members, Class B Members or Class C Members, or a combination thereof, whatever the case may be, represented in person or by written ballot, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.
