Actions of the Management Committee. At any meeting at which a quorum is present, the Management Committee shall act, except as otherwise provided herein, upon the vote of both Member Representatives, and such action shall be binding upon the Members and the JV.
Appears in 4 contracts
Samples: Limited Liability Company (Teknik Digital Arts Inc.), Joint Venture and Limited Liability Company Agreement (Teknik Digital Arts Inc.), Limited Liability Company (Teknik Digital Arts Inc.)
Actions of the Management Committee. At any meeting at which a quorum is present, the Management Committee shall act, except as may otherwise be provided herein, upon the unanimous vote of both Member Representativesthe Management Committee, and such action actions shall be binding upon the Members and the JVCompany. Each member of the Management Committee shall have one vote. The presence, by proxy, in person or by telephone, at any regular or special meeting of the Management Committee, of all members of the Management Committee, shall be necessary to constitute a quorum.
Appears in 1 contract
Samples: Operating Agreement (Futech Interactive Products Inc)
