Common use of Action at Meeting Clause in Contracts

Action at Meeting. When a quorum is present at any Member meeting, any matter to be voted upon by the Members at such meeting shall be decided by the Members holding the required percentage of Interests as required by express provision of this Agreement or the Act.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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Action at Meeting. When a quorum is present at any Member meeting, the Members representing a majority of the total Units outstanding and entitled to vote, voting together as a single class, shall decide any matter to be voted upon by the Members at such meeting shall be decided by the Members holding the required percentage of Interests as meeting, except when a different vote is required by express provision of law or this Agreement or the ActAgreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Action at Meeting. When a quorum is present at any Member meeting, the Members representing a majority of the total Percentage Interests of all Members entitled to vote (or if there are two or more classes of Members entitled to vote as separate classes, then in the case of each such class, the holders of a majority of the total Percentage Interests of that class entitled to vote on such matter) shall decide any matter to be voted upon by the Members at such meeting shall be decided by the Members holding the required percentage of Interests as meeting, except when a different vote is required by express provision of law, the Certificate or this Agreement or the ActAgreement.

Appears in 1 contract

Samples: Operating Agreement (Historic Preservation Properties 1989 Limited Partnership)

Action at Meeting. When a quorum is present at any Member meeting, the Members representing a Majority in Interest shall decide any matter to be voted upon by the Members at such meeting shall be decided by the Members holding the required percentage of Interests as meeting, except when a different vote is required by express provision of law, the Certificate or this Agreement or the ActAgreement.

Appears in 1 contract

Samples: Operating Agreement (Rallybio Holdings, LLC)

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Action at Meeting. When At any meeting of Members at which a quorum is present, holders of a majority of Shares present at any Member meeting, or represented by proxy and entitled to vote on any matter to be voted upon may take action on such matter, unless otherwise provided by the Members at such meeting shall be decided by the Members holding the required percentage of Interests as required by express provision of law or in this Agreement or the ActAgreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Stockeryale Inc)

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