Common use of Confidential 2017 Clause in Contracts

Confidential 2017. Should any Manager desire to take any of the above-described actions, such Manager shall notify each of the Members of such fact in accordance with the notice provisions set forth in Section 15.12. In the event any Member so notified fails to respond either affirmatively or negatively in writing to the Manager within seven (7) business days of the effective date of such notice, such Member shall be deemed to have consented to the action proposed by the Manager.

Appears in 7 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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