Approval of Certain Matters by the Members. Notwithstanding any provision of this Operating Agreement to the contrary, the following matters require approval of holders of 75% of the aggregate Percentage Interests then held by Members: (a) Merger or consolidation of the Company with any other entity; (b) Sale of all or substantially all of the assets of the Company; (c) Division or conversion of the Company; (d) Payment of compensation to any Manager for acting in such capacity; or (e) The admission of additional Members to the Company.
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Samples: Operating Agreement (PJC Manchester Realty LLC), Operating Agreement (PJC Manchester Realty LLC), Operating Agreement (PJC Manchester Realty LLC)
Approval of Certain Matters by the Members. Notwithstanding any provision of this Operating Agreement to the contrary, the following matters require approval of holders of 75% of the aggregate Percentage Interests then held by Members:
(a) Merger or consolidation of the Company with any other entity;,
(b) Sale of all or substantially all of the assets of the Company;
(c) Division or conversion of the Company;
(d) Payment of compensation to any Manager for acting in such capacity; or
(e) The admission of additional Members to the Company.
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