Action in Lieu of Meeting. Any action upon which a vote of the LLC Member is required or permitted, may be taken without a meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, shall be signed by the LLC Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Operating Agreement, Operating Agreement
Action in Lieu of Meeting. Any action upon which that may be taken at a vote meeting of the LLC Member is required or permitted, Members may be taken without a meeting, without prior notice and without a vote, meeting if a consent in writing, writing setting forth the action so taken, taken shall be signed by Members holding a majority of the outstanding LLC MemberShares or such greater number as would be required if the action were taken at a meeting of the Members.
Appears in 2 contracts
Samples: Operating Agreement (American Artists Entertainment Corp), Operating Agreement (American Artists Entertainment Corp)
Action in Lieu of Meeting. Any action upon which that may be taken at a vote meeting of the LLC Member is required or permitted, Members may be taken without a meeting, without prior notice and without a vote, meeting if a consent in writing, writing setting forth the action so taken, taken shall be signed by Members holding a majority of the outstanding LLC MemberShares.
Appears in 1 contract
Samples: Operating Agreement (American Artists Entertainment Corp)
