Common use of Class D Members Clause in Contracts

Class D Members. Class D Members shall be entitled to vote on all matters coming to a vote of the Class D Members. Each Class D Member may cast one vote for each Class D Capital Unit held by the Class D Member on each matter brought to a vote of the

Appears in 2 contracts

Samples: Operating Agreement (Great Plains Ethanol LLC), Operating Agreement (Great Plains Ethanol LLC)

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Class D Members. Class D Members shall be entitled to vote on all matters coming to a vote of the Class D Members. Each Class D Member may only cast one vote for each Class D Capital Unit held by the Class D Member on each matter brought to a vote of thethe Class D Members regardless of the number of Class D Capital Units owned. On all matters to be voted upon by the Class D Members, the affirmative vote of the majority of the Class D Members shall be the act of the Class D Members.

Appears in 1 contract

Samples: Operating Agreement (Western Plains Energy LLC)

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Class D Members. Class D Members shall be entitled to vote on all matters coming to a vote of the Class D Members. Each Class D Member may cast one vote for each Class D Capital Unit held by the Class D Member on each matter brought to a vote of thethe Class D Members. On all matters to be voted upon by the Class D Members, the affirmative vote of the holders of a majority of the Class D Capital Units shall be the act of the Class D Members.

Appears in 1 contract

Samples: Operating Agreement (Great Plains Ethanol LLC)

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