Common use of Action by Members Without a Meeting Clause in Contracts

Action by Members Without a Meeting. Action required or permitted to be taken at a meeting of Members associated with a Series may be taken without a meeting and without prior notice if written consents of Members associated with such Series are received representing the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Members of such Series were present and voted.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (HomeStreet, Inc.), Limited Liability Company Operating Agreement (HomeStreet, Inc.)

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Action by Members Without a Meeting. Action required or permitted to be taken at a meeting of Voting Members associated with a Series may be taken without a meeting and without prior notice if written consents consents, whether oral or written, of Members Managers associated with such Series are received representing the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Voting Members of such Series were present and voted.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Action by Members Without a Meeting. Action required or permitted to be taken at a meeting of Series Members associated with a Series may be taken without a meeting and without prior notice if written consents consents, whether oral or written, of Series Members associated with such Series are received in writing (by email originating from a Members’ email account, or mail) representing the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Members of such Series were present and voted, and all Series Members entitled to vote were notified of the meeting.

Appears in 1 contract

Samples: Series Limited Liability Company Agreement (VV Markets LLC)

Action by Members Without a Meeting. Action required or permitted to be taken at a meeting of Members associated with a Series holding a class of interest that would be entitled to vote may be taken without a meeting and without prior notice if written consents consents, whether oral or written, of Members manager(s) associated with such Series are received representing the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Members of such Series were present and voted.

Appears in 1 contract

Samples: Operating Agreement

Action by Members Without a Meeting. Action Pursuant to the Act, any action required or permitted to be taken at a meeting of Members associated with a Series may be taken without a meeting and without prior notice if the action is evidenced by one or more written consents of Members associated with such Series are received representing describing the action taken, signed by not less than the minimum number of votes of the Members that would be necessary to authorize or take such action at a meeting at which all Members of such Series were present and votedthe Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grant Park Futures Fund Limited Partnership)

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Action by Members Without a Meeting. Action required or permitted to be taken at a meeting of Members associated with a Series may be taken without a meeting and without prior notice if written consents consents, whether oral or written, of Members Managers associated with such Series are received representing the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Members of such Series were present and voted.

Appears in 1 contract

Samples: Series Limited Liability Company Operating Agreement

Action by Members Without a Meeting. Action Pursuant to Section 18-302 of the Act, any action required or permitted to be taken at a meeting of Members associated with a Series may be taken without a meeting and without prior notice if the action is evidenced by one or more written consents of Members associated with such Series are received representing describing the action taken, signed by not less than the minimum number of votes of the Members that would be necessary to authorize or take such action at a meeting at which all Members of such Series were present and votedthe Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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