Approval Requirements. Subject to Section 6.7 hereof, the Board shall take actions with the approval of a majority of the voting Managers (that is, with the approval of at least five (5) voting Managers), in person or by proxy, (the “Consent of the Board of Managers”), provided that until December 31, 2022 (except as provided otherwise in this Section 6.1(d)), the Board may only take action with the approval of at least seven (7) out of nine (9) voting Managers with respect to:
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (OM Asset Management PLC), Limited Liability Company Agreement (OM Asset Management LTD)
Approval Requirements. Subject to Section 6.7 hereof, the Board shall take actions with the approval of a majority of the voting Managers (that is, power of the Board in accordance with the approval of at least five (5Section 6.1(b) voting Managers), in person or by proxy, (the “Consent of the Board of Managers”); provided, provided that until December 31, 2022 (except as provided otherwise in this Section 6.1(d)) or the Bonus Plan), the Board may only take action with the approval of at least seven (7) out a majority of nine (9) voting the KELP Managers with respect to:
Appears in 1 contract
Samples: Limited Liability Company Agreement (OM Asset Management PLC)
