Common use of Allocation of Votes Clause in Contracts

Allocation of Votes. The Original Member shall have the exclusive right to vote on LLC matters; provided that upon admission of additional Members, each Member shall have the right to vote on each LLC matter in accordance with his Percentage Interest in the LLC.

Appears in 73 contracts

Samples: Single Member LLC Operating Agreement, Single Member LLC Operating Agreement, Single Member LLC Operating Agreement

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Allocation of Votes. The Original Member Member(s) shall have the exclusive right to vote on LLC matters; provided that upon admission of additional Members, each Member shall have the right to vote on each LLC matter matters in accordance with his Percentage Interest in the LLC.

Appears in 1 contract

Samples: LLC Operating Agreement

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