Common use of Advisory Votes Clause in Contracts

Advisory Votes. The Manager may from time to time submit matters to an advisory vote of the Members, subject to such rules and procedures as the Manager may establish from time to time and publish to the Members. An advisory vote shall in no event be binding to any extent on the Company or the Manager. For avoidance of doubt, an advisory vote need not be by meeting or written consent, need not have a quorum, and, without limiting the generality of the foregoing, may have any standard of approval determined by the Manager and may be conducted entirely online using Electronic Records.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (LunaDNA, LLC), Limited Liability Company Agreement (SavvyShares LLC), Limited Liability Company Agreement (LunaDNA, LLC)

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