Common use of Actions Without Meetings Clause in Contracts

Actions Without Meetings. Any action required or permitted to be taken at a meeting of the Management Committee may be taken without a meeting with Unanimous Written Consent, which consent shall set forth the actions to be so taken. Any such Unanimous Written Consent shall have the same effect as an act of a Majority of Representatives at a properly called and constituted meeting of the Management Committee. Copies of any such written consent shall be delivered promptly to all representatives.

Appears in 15 contracts

Samples: Limited Liability Company Agreement, Operating Agreement, Operating Agreement

AutoNDA by SimpleDocs

Actions Without Meetings. Any action required or permitted to be taken at a meeting of by the Management Committee may be taken without a meeting with Unanimous Written Consent, which by a written consent executed by at least one of the Representatives appointed by the Operator and at least one of the Representatives appointed by the Investor. Any such written consent shall set forth the actions to be so taken. Any such Unanimous Written Consent written consent shall have the same effect as an act a Unanimous Approval of a Majority of all Representatives at a properly called and constituted meeting of the Management Committee. Copies of any such written consent shall be delivered promptly to all representativesRepresentatives by the Manager and shall be incorporated into the books and records of the Company.

Appears in 1 contract

Samples: Operating Agreement (Thomas Properties Group Inc)

AutoNDA by SimpleDocs

Actions Without Meetings. Any action required or permitted to be taken at a meeting of by the Management Committee may be taken without a meeting with Unanimous Written Consent, which by a written consent executed by the Representative appointed by the Operator and at least one of the Representatives appointed by the Investor. Any such written consent shall set forth the actions to be so taken. Any such Unanimous Written Consent written consent shall have the same effect as an act a Unanimous Approval of a Majority of all Representatives at a properly called and constituted meeting of the Management Committee. Copies of any such written consent shall be delivered promptly to all representativesRepresentatives by the Manager and shall be incorporated into the books and records of the Company.

Appears in 1 contract

Samples: Operating Agreement (Thomas Properties Group Inc)

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