Common use of Approval or Ratification of Acts or Contracts by Members Clause in Contracts

Approval or Ratification of Acts or Contracts by Members. The Managers in their discretion may submit any act or contract for approval or ratification at any annual meeting of the Members, or at any special meeting of the Members called for the purpose of considering any such act or contract.

Appears in 1 contract

Samples: Operating Agreement (Mobile Medic Ambulance Service Inc)

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Approval or Ratification of Acts or Contracts by Members. The Managers in their discretion may submit any act or contract for approval or ratification at any annual meeting of the Members, or at any special meeting of the Members called for the purpose of considering any such act or contract, and any act or contract that shall be approved or be ratified by a Majority Interest shall be as valid and as binding upon the Company and upon all the Members as if it shall have been approved or ratified by every Member of the Company.

Appears in 1 contract

Samples: Company Agreement (Hall Structured Finance II, LLC)

Approval or Ratification of Acts or Contracts by Members. The Managers Board of Managers, in their discretion its sole discretion, may submit any act or contract for approval or ratification at any annual meeting of the Members, Members or at any special meeting of the Members called for the purpose of considering any such act or contract.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Asta Funding Inc)

Approval or Ratification of Acts or Contracts by Members. The Managers Manager in their its discretion may submit any act or contract for approval or ratification at of any annual meeting of the Members, or at any special meeting of the Members called for the purpose of considering any such act or contract, and any act or contract that shall be approved or be ratified by a Required Interest shall be as valid and as binding upon the Company and upon all the Members as if it shall have been approved or ratified by every Member of the Company.

Appears in 1 contract

Samples: Operating Agreement (Interhealth Facility Transport, Inc.)

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Approval or Ratification of Acts or Contracts by Members. The Managers in their discretion may submit any act or contract for approval or ratification at any annual meeting of the Members, or at any special meeting of the Members called for the purpose of considering any such act or contract. Any act or contract that shall be approved or be ratified by a majority of the Managers shall be as valid and as binding upon the Company and upon all the Members as if it shall have been approved or ratified by every Member of the Company.

Appears in 1 contract

Samples: Company Agreement (Green America Recycling, LLC)

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