Common use of Actions Requiring Member Approval Clause in Contracts

Actions Requiring Member Approval. Notwithstanding any other provision of this Agreement, the affirmative vote or written consent of the Majority Interest shall be required to approve the following matters: (i) The dissolution or winding up of the Company; (ii) The merger or consolidation of the Company; (iii) The sale, exchange, transfer, contribution, mortgage, pledge, encumbrance, lease or other disposition or transfer of all or substantially all of the assets of the Company; (iv) The election of Managers; and (v) Amendments to this Agreement; provided, however, that the Board of Managers is expressly authorized to make such amendments to Schedule I attached hereto as it deems necessary to reflect any admission of a new Member or any assignment or issuance of Membership Shares which has been approved in accordance with Section 18 or any additional capital contribution by a Member which has been approved in accordance with Section 8(b).

Appears in 18 contracts

Samples: Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC)

AutoNDA by SimpleDocs

Actions Requiring Member Approval. Notwithstanding any other provision of this Agreement, the affirmative vote or written consent of the Majority Interest shall be required to approve the following matters: (i) The dissolution or winding up of the Company; (ii) The merger or consolidation of the Company; (iii) The sale, exchange, transfer, contribution, mortgage, pledge, encumbrance, lease or other disposition or transfer of all or substantially all of the assets of the Company; (iv) The election of Managers; and (v) Amendments to this Agreement; provided, however, that the Board of Managers is are expressly authorized to make such amendments to Schedule I attached hereto as it deems they deem necessary to reflect any admission of a new Member or any assignment or issuance of Membership Shares Units which has been approved in accordance with Section 18 or any additional capital contribution by a Member which has been approved in accordance with Section 8(b).

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC), Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC), Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC)

Actions Requiring Member Approval. Notwithstanding any other provision of this Agreement, the affirmative vote or written consent of the Majority Interest shall be required to approve the following matters: (i) The dissolution or winding up of the Company; (ii) The merger or consolidation of the Company;, (iii) The sale, exchange, transfer, contribution, mortgage, pledge, encumbrance, lease or other disposition or transfer of all or substantially all of the assets of the Company;, (iv) The election of Managers; and (v) Amendments to this Agreement; provided, however, that the Board of Managers is are expressly authorized to make such amendments to Schedule I attached hereto as it deems they deem necessary to reflect any admission of a new Member or any assignment or issuance of Membership Shares Units which has been approved in accordance with Section 18 or any additional capital contribution by a Member which has been approved in accordance with Section 8(b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC)

Actions Requiring Member Approval. Notwithstanding any other provision of this Agreement, the affirmative vote or written consent of the Majority Interest shall be required to approve the following matters: (i) The dissolution or winding up of the Company; (ii) The merger or consolidation of the Company; (iii) The sale, exchange, transfer, contribution, mortgage, pledge, encumbrance, lease or other disposition or transfer of all or substantially all of the assets of the Company; (iv) The election of Managers; and (v) Amendments to this Agreement; provided, however, that the Board of Managers is expressly authorized to make such amendments to Schedule Schedul` e I attached hereto as it deems necessary to reflect any admission of a new Member or any assignment or issuance of Membership Shares which has been approved in accordance with Section 18 or any additional capital contribution by a Member which has been approved in accordance with Section 8(b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lind-Waldock Securities, LLC)

AutoNDA by SimpleDocs

Actions Requiring Member Approval. Notwithstanding any other provision of this Agreement, the affirmative vote or written consent of the Majority Interest shall be he required to approve the following matters: (i) The dissolution or winding up of the Company; (ii) The merger or consolidation of the Company; (iii) The sale, exchange, transfer, contribution, mortgage, pledge, encumbrance, lease or other disposition or transfer of all or substantially all of the assets of the Company; (iv) The election of Managers; and (v) Amendments to this Agreement; provided, however, that the Board of Managers is expressly authorized to make such amendments to Schedule I attached hereto as it deems necessary to reflect any admission of a new Member or any assignment or issuance of Membership Shares which has been approved in accordance with Section 18 or any additional capital contribution by a Member which has been approved in accordance with Section 8(b).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lind-Waldock Securities, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!