Common use of Action by Managers or Members Clause in Contracts

Action by Managers or Members. Any action by the Managers may be taken by vote of a majority of the entire number of Managers at a meeting thereof or unanimous written consent of the Managers. Except as otherwise specified in this Agreement, any action by Members may be taken by vote or written consent of Members holding a majority of the Units. Participation in meetings may be by conference telephone if all persons can hear and speak to each other. A majority of the Managers shall constitute a quorum for meetings of the Managers. Members holding a majority of the Units shall constitute a quorum for meetings of Members.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (T-Mobile Puerto Rico Holdings LLC), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)

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Action by Managers or Members. Any action taken by the Managers may be taken by vote of a majority of the entire number of Managers at a meeting thereof or unanimous written consent of the Managers. Except as otherwise specified in this Agreement, any action by Members may be taken by vote or unanimous written consent of Members holding a majority of the Units. Participation in meetings may be by conference telephone if all persons can hear and speak to each other. A majority of the Managers shall constitute a quorum for of meetings of the Managers. Members holding a majority of the Units shall constitute a quorum for meetings of Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Triton PCS Holdings Co LLC), Limited Liability Company Agreement (Metropcs Networks California, LLC)

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Action by Managers or Members. Any action taken by the Managers may be taken by vote of a majority of the entire number of Managers at a meeting thereof or unanimous written consent of the Managers. Except as otherwise specified in this Agreement, any action by Members may be taken by vote or written consent of Members holding a majority of the Units. Participation in meetings may be by conference telephone if all persons can hear and speak to each other. A majority of the Managers shall constitute a quorum for of meetings of the Managers. Members holding a majority of the Units shall constitute a quorum for meetings of Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.), Limited Liability Company Agreement (Suncom Wireless Property Co, L.L.C.)

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