Actual Meetings. (a) Meetings of the Voting Members may be called by any Voting Member or group of Voting Members who hold at least 20% of the Voting Units, by notice to the other Voting Members setting forth the date and time of the meeting and the matters proposed to be acted upon at the meeting. Such meetings shall be held at such place in Chicago, Illinois, as may be designated by the Voting Members giving notice. Notice of any meeting shall be given pursuant to Section 11.1 below to all Voting Members not fewer than two (2) business days nor more than thirty (30) calendar days prior to the meeting. Notice of any meeting of the Voting Members shall be deemed to have been waived by attendance at the meeting, unless the Voting Member attends the meeting solely for the purpose of objecting to notice and so objects at the beginning of the meeting. Voting Members may attend and vote in person or by proxy at such meeting, and the LLC shall make reasonable arrangements to permit Voting Members to attend and vote at meetings by telephone. Any vote or consent of the Voting Members may be given at a meeting of the Voting Members or may be given in accordance with the procedure prescribed in Section 6.2 for written consent to action in lieu of actual meetings. The presence in person of Voting Members sufficient to take the proposed action as set forth in this Agreement shall constitute a quorum at all meetings of the Voting Members.
Actual Meetings. (a) The Board shall meet at least quarterly (unless and until the Board determines that meetings are desired more or less frequently). The Secretary shall schedule the quarterly meetings. Meetings of the Board may be called by AMTC or SGL by notice to the Manager designees of the other party setting forth the date and time of the meeting, the nature of the business to be transacted, and unless the meeting is a conference call meeting as provided in Subsection (d) below, the place of the meeting. Notice of any meeting shall be given pursuant to Section 11.1 below to all Managers not less than three (3) business days nor more than thirty (30) days prior to the meeting. Notice of any meeting of the Board shall be deemed to have been waived by attendance at the meeting, unless the Manager attends the meeting solely for the purpose of objecting to notice and so objects at the beginning of the meeting. Managers may attend and vote in person or by proxy at such meeting, and the LLC shall make reasonable arrangements to permit Managers to attend and vote at meetings by telephone. Whenever the vote or consent of Managers is permitted or required under this Agreement, such vote or consent may be given at a meeting of the Board or may be given in accordance with the procedure prescribed in the following Section for written consent to action in lieu of actual meetings. Except as otherwise provided in this Agreement, the vote, consent, approval or ratification of a majority of the Managers shall be required in order to constitute Board action.
Actual Meetings. (a) The Majority Member may call a meeting of the Members by issuing written notice of the meeting to all Members. The notice must set forth the date and time of the meeting, the nature of the business to be transacted, and unless the meeting is a conference call meeting as provided in Subsection (b) below, the place of the meeting. The Person calling the meeting must issue notice pursuant to Section 11.1 below to all Members not less than thirty (30) days prior to the meeting. Any Member who attends the meeting automatically waives his or her right to notice of the meeting, unless the Member attends the meeting solely for the purpose of objecting to notice and so objects at the beginning of the meeting. Members may attend and vote in person or by written proxy at meetings, and the LLC shall make reasonable arrangements to permit Members to attend and vote at meetings by telephone. The exercise of any vote or consent permitted or required under this Agreement may occur at a meeting of Members or may be given in accordance with the procedure prescribed in Section 6.2 for written consent to action in lieu of actual meetings. Except as otherwise expressly provided in this Agreement, the vote, consent, ratification, or approval of the Majority Member shall be required in order to constitute the action of the Members.
Actual Meetings. (a) Meetings of the Members may be called by any Member or group of Members who hold, individually or collectively, at least twenty-five percent (25%) of the Units entitled to vote, by notice to the other Members setting forth the date and time of the meeting and the matters proposed to be acted upon at the meeting. Such meetings shall be held at such place as may be designated by the Members giving notice. Notice of any meeting shall be given pursuant to Section 12.1 below to all Members not fewer than five (5) nor more than thirty (30) days prior to the meeting. Notice of any meeting of the Members shall be deemed to have been waived by attendance at the meeting, unless the Member attends the meeting solely for the purpose of objecting to notice and so objects at the beginning of the meeting. Members may attend and vote in person or by proxy at such meeting, and the LLC shall make reasonable arrangements to permit Members to attend and vote at meetings by telephone. Any vote or consent of the Members may be given at a meeting of Members or may be given in accordance with the procedure prescribed in Section 6.2 for written consent to action in lieu of actual meetings. The presence in person of Members sufficient to take the proposed action as set forth in this Agreement shall constitute a quorum at all meetings of the Members.
