Common use of Approval by Members Clause in Contracts

Approval by Members. Except as may be expressly set forth in this Agreement, in all matters in which a vote, approval or consent of the Members is required, a vote, consent or approval of Members holding a Majority-in-Interest shall be sufficient to authorize or approve such act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Imperial Capital Group, Inc.), Limited Liability Company Agreement (Imperial Capital Group, Inc.)

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Approval by Members. Except as may be expressly set forth in this Agreement, in all matters in which a vote, approval or consent of the Members is required, a the unanimous vote, consent or approval of all Members holding a Majority-in-Interest shall be sufficient required to authorize or approve such act.

Appears in 1 contract

Samples: Operating Agreement (Saint Andrews Golf Corp)

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