Common use of Approval of Major Decisions Clause in Contracts

Approval of Major Decisions. Notwithstanding anything to the contrary in this Agreement, certain decisions or actions as set forth in this Section 7.6 (“Major Decisions”) may not be taken solely in the Manager’s discretion and shall require the affirmative vote of a Member Majority. Approval of Major Decisions may be given at a Meeting called for that purpose or by written consent.

Appears in 5 contracts

Samples: Area Development Agreement (Harrison Vickers & Waterman Inc), Operating Agreement (Harrison Vickers & Waterman Inc), Operating Agreement (Attitude Drinks Inc.)

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Approval of Major Decisions. Notwithstanding anything to the contrary in this Agreement, certain all decisions or actions as set forth in this Section 7.6 7.15 (“Major Decisions”) may not be taken solely in the ManagerBoard’s discretion and shall require the unanimous affirmative vote of a Member Majoritythe Class A Members. Approval of Major Decisions may be given at a Meeting called for that purpose or by written consent.

Appears in 1 contract

Samples: Operating Agreement (Intelligent Highway Solutions, Inc.)

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