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. 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:
(a) a vote of the Members holding more than an aggregate of 50% of the Percentage Interests of the Company present at a properly called meeting of the Members when a quorum is present; provided, however, that with respect to the matters set forth in Sections 4.2 and 7.5 and for purposes of determining Asset Value, a majority of the Members, each of which will be entitled to one vote, will be required; provided further, however, that this Section 3.7 shall affect Article VII only to the extent that the Act expressly requires that the Members act and that such requirement may not be altered by any agreement by the members of a limited liability company to the contrary; or
(b) written action without a meeting, as provided in Section 3.14.
Acts of Members. Except as otherwise required by law or specified in the Certificate or expressly set forth in this Agreement, the Members shall only take action by the affirmative vote of the owners of seventy-five percent (75%) of the voting power of the Membership Interests at a duly called meeting.
Acts of Members. Except to the extent that applicable law, the Company's Articles of Organization, or this Agreement require otherwise, an act of the Members consists of either:
(a) a vote of the holders of at least a majority of the then outstanding Units present at a properly called meeting of the Members, when a Members' Quorum (as defined herein) is present, pursuant to Section 9.8 hereof, or
(b) written, action without a meeting, as provided in Section 9.9 hereof.
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. An Act of Members is defined in Article II.
Acts of Members. Except as otherwise provided herein (including but not limited to Section 11.1(c) and (d) hereof), the Board of Governors shall take action by the affirmative vote of the representatives of Members holding not less than 60% of the Units, and any such act shall be deemed to be the action of the Members for all purposes of this Agreement and the Act.
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:
(a) a Majority-in-Interest vote of the Class "A" Membership Units present at a properly called meeting; No such actions for any provision under this Agreement shall occur without the approval of a super-majority of sixty-six percent (66 Class A Units) for any action called for in this Agreement. Such action can occur only by written consent of the Management Committee, in writing and signed by each such Management Committee member. Such meetings and votes may occur in writing after proposal, or in person at a meeting of the Committee.
