Action Without a Meeting; Telephonic Meetings. (a) On any matter requiring an approval or consent of Managers under this Agreement or the Act, the Managers may take such action without a meeting, without prior notice, and without a vote if a consent or consents in writing, setting forth the action so taken, shall be signed by all of the Managers. (b) Managers may participate in meetings of the Board of Managers by means of conference telephone or similar communications equipment by means of which all Persons participating in the meeting can hear each other. Participation in a telephonic meeting pursuant to this Section 8.8(b) shall constitute presence at such meeting and shall constitute a waiver of any deficiency of notice.
Appears in 9 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Action Without a Meeting; Telephonic Meetings. (a) On any matter requiring an approval or consent of Managers Directors under this Agreement or the LLC Act, the Managers Directors may take such action without a meeting, without prior notice, and without a vote if a consent or consents in writing, setting forth the action so taken, shall be signed by all of the ManagersDirectors.
(b) Managers Any Director may at such Director’s discretion, participate in meetings of the Board of Managers Directors by means of conference telephone or similar communications equipment by means of which all Persons participating in the meeting can hear each otherone another. Participation in a telephonic meeting pursuant to this Section 8.8(b5.9(b) shall constitute presence at such meeting and shall constitute a waiver of any deficiency of notice.
Appears in 6 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Chrysler Group LLC), Limited Liability Company Operating Agreement (Chrysler Group LLC)
Action Without a Meeting; Telephonic Meetings. (a) On any matter requiring an approval or consent of Managers under this Agreement or the Act, the Managers may take such action without a meeting, without prior notice, and without a vote if a consent or consents in writing, setting forth the action so taken, shall be signed by all of the Managers.
(b) Managers may participate in meetings of the Board of Managers by means of conference telephone or similar communications equipment by means of which all Persons participating in the meeting can hear each other. Participation in a telephonic meeting pursuant to this Section 8.8(b5.9(b) shall constitute presence at such meeting and shall constitute a waiver of any deficiency of notice.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (DaimlerChrysler Financial Services Americas LLC), Limited Liability Company Operating Agreement (Chrysler Financial Services Americas LLC)
Action Without a Meeting; Telephonic Meetings. (a) On any matter requiring an approval or consent of Managers under this Agreement or the Act, the Managers may take such action without a meeting, without prior notice, and without a vote if a consent or consents in writing, setting forth the action so taken, shall be signed by all of the Managers.
(b) Managers may participate in meetings of the Board of Managers by means of conference telephone or similar communications equipment by means of which all Persons participating in the meeting can hear each other. Participation in a telephonic meeting pursuant to this Section 8.8(b8.9(b) shall constitute presence at such meeting and shall constitute a waiver of any deficiency of notice.
Appears in 2 contracts
Samples: Limited Liability Partnership Agreement, Limited Liability Partnership Agreement (Delphi Automotive PLC)
Action Without a Meeting; Telephonic Meetings. (a) On any matter requiring an approval or consent of Managers Directors under this Agreement the Charter, these Bylaws or the ActDGCL, the Managers Directors may take such action without a meeting, without prior notice, and without a vote if a consent or consents in writing, setting forth the action so taken, shall be signed by all of the ManagersDirectors.
(b) Managers Directors may participate in meetings of the Board of Managers Directors by means of conference telephone or similar communications equipment by means of which all Persons participating in the meeting can hear each other. Participation in a telephonic meeting pursuant to this Section 8.8(b7.8(b) shall constitute presence at such meeting and shall constitute a waiver of any deficiency of notice.
Appears in 2 contracts
Samples: Securities Purchase and Exchange Agreement, Securities Purchase and Exchange Agreement (Gmac Inc.)
Action Without a Meeting; Telephonic Meetings. (a) On any matter requiring an approval or consent of Managers under this Agreement or the Act, the Managers may take such action without a meeting, without prior notice, and without a vote if a consent or consents in writing, setting forth the action so taken, shall be signed by all of the Managers.
(b) Managers may participate in meetings of the Board of Managers by means of conference telephone or similar communications equipment by means of which all Persons participating in the meeting can hear each other. Participation in a telephonic meeting pursuant to this Section 8.8(b5.9(b) shall constitute presence at such meeting and shall constitute a waiver of any deficiency of notice.. Section 5.10
Appears in 1 contract
