Actions by Members. The Members shall not be required to hold meetings. Any action that, in accordance with Section 4.1, may be taken by the Members may be taken by a written consent or instrument executed by the requisite Members. If the action is not consented to in writing by all of the Members, the Company shall promptly give any such Member who has not consented a copy of the duly-executed consent.
Appears in 8 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Operating Agreement
Actions by Members. The Members shall not be required to hold meetings. Any action that, in accordance with Section 4.1, may be taken by the Members may be taken by a written consent or instrument executed by either (i) the Manager, or (ii) the requisite Members. If the action is not consented to in writing by all of the Members, the Company shall promptly give any such Member who has not consented consented, a copy of the duly-executed consent.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
