Common use of Certain Matters Requiring Special Independent Manager Approval Clause in Contracts

Certain Matters Requiring Special Independent Manager Approval. In addition to a majority vote of the Board of Managers or any committee of the Board of Managers or any comparable body of any Subsidiary of the Company and, where applicable, the approval rights set forth in Section 8.9, the prior written consent of at least a majority of the Independent Managers shall be required at any time to do, or cause to be done, any of the following:

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Gmac LLC), Limited Liability Company Operating Agreement (Gmac LLC)

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Certain Matters Requiring Special Independent Manager Approval. In addition to a majority any vote of the Board of Managers or any committee of the Board of Managers or any comparable body of any Subsidiary of the Company and, where applicable, the approval rights set forth in required under Section 8.9, the prior written consent of at least a majority of the Independent Managers shall be required at any time to do, or cause to be done, any of the following:

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Gmac LLC), Limited Liability Company Operating Agreement (Gmac LLC)

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