Actions Requiring Member Approval. Notwithstanding any other provision of this Agreement, the affirmative vote or written consent of Members whose Membership Interest(s) exceed 50% 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, mortgage, pledge, encumbrance, lease or other disposition or transfer of all or substantially all of the assets of the Company; (iv) The declaration of any payment or distributions; and (v) Amendments to this Agreement.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Urs Corp /New/), Limited Liability Company Agreement (Urs Corp /New/), Limited Liability Company Agreement (Urs Corp /New/)
Actions Requiring Member Approval. Notwithstanding any other provision of this Agreement, the affirmative vote or written consent of Members whose Membership Interest(s) exceed 50% a 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, mortgage, pledge, encumbrance, lease or other disposition or transfer of all or substantially all of the assets of the Company;
(iv) The declaration of any payment or distributions; and
(v) Amendments to this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Prologis Trust), Limited Liability Company Agreement (Prologis Trust)
Actions Requiring Member Approval. Notwithstanding any other provision of this Agreement, the affirmative vote or written consent of Members whose Membership Interest(s) exceed 50% the Majority Interest shall be required to approve the following matters:
(i) The dissolution or winding up of the CompanyA Sale;
(ii) The merger or consolidation of the Company;
(iii) The salecreation, exchange, mortgage, pledge, encumbrance, lease grant or other disposition or transfer assumption of any Lien on all or substantially all of the assets of the Company (other than securities of the Company’s Subsidiaries held by the Company);
(iv) The declaration A public offering of any payment or distributionssecurities of the Company; and
(v) Amendments to this AgreementChanging the number of Managers on the Board of Managers.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (U S Energy Systems Inc)
