Acts of Members. Except as otherwise required by law or specified in the Articles of Organization of the Company or a member control agreement, the members shall take action by the affirmative vote of the owners of the greater of (a) a majority of the voting power of the membership interests present and entitled to vote on that item of business or (b) a majority of the voting power that would constitute a quorum for the transaction of business at a duly held meeting of members.
Acts of Members. Except as specifically otherwise provided in this Agreement, whenever by the terms of this Agreement, the Articles or by law the vote, consent, approval, election or other action of the Members is required or permitted, the affirmative vote, consent, approval, election or other action of the Members holding a Majority of the Percentage Interests shall be the act of the Members. “Majority of the Percentage Interests” means Percentage Interests representing more than 50% of the Percentage Interests then held by all Members.
Acts of Members. Except to the extent provided under the Act, the articles of organization, or this Agreement require otherwise, an act of the Members consists of meetings by the Management Committee or as allowed acts of the Manager:
Acts of Members. 11 3.8. Special Meetings . . . . . . . . . . . . . . . . . . . . . . . 12 3.9.
Acts of Members. Subject to Article VII, if, and only if, the Act expressly requires that the Members act, an act of the Members consists of either:
Acts of Members. When a quorum is present at any meeting, the vote of the holders of the majority of the Percentage Interests, present in person or represented by proxy, shall decide any question brought before such meeting, unless the question is one which under any provision of this Agreement requires a different vote. Each Member shall be entitled to vote in person or by proxy.
Acts of Members. Except as otherwise required by law or specified in the Certificate or this Agreement, the Members shall take action by the affirmative vote of the Members holding a majority of the Voting Interests.
Acts of Members. An Act of Members is defined in Article II.
Acts of Members. Except to the extent provided in the Act, the Certificate of Organization, or this Agreement, an act of the Members shall consist of an action approved by the Majority Consent of the Members. The Members may from time to time designate one or more Members to execute documents on behalf of the Company in connection with matters on which the Members have otherwise acted. Unless authorized by a vote of the Members, no individual Member shall have the right or power to bind the Company.
Acts of Members. Except to the extent that the LLC Act, the Certificate of Formation or a provision of this Agreement specifically requires a vote or other action by greater than by a majority of the Membership Units, or by the vote or action of a majority of the Members owning Membership Units other than those owned by specified Members, an "act of the Members" includes all acts, votes, determinations, designations, approvals, consents, elections or advice of Members referred to or required in any provision of this Agreement and made by either:
