Common use of Consent of Members in Lieu of Meeting Clause in Contracts

Consent of Members in Lieu of Meeting. Any action that may be taken at any meeting of Members may be taken without a meeting by written consent of Members holding outstanding voting Membership Interests sufficient to approve such action were a meeting to be held.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Chrysler Group LLC), Limited Liability Company Operating Agreement (Chrysler Group LLC)

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Consent of Members in Lieu of Meeting. Any action that may required or permitted to be taken at any a meeting of the Members may be taken without a meeting by if, prior or subsequent to the action, there is a written consent or consents thereto by Members having not less than the minimum number of Members holding outstanding voting Membership Interests sufficient votes that would be necessary to approve authorize or take such action were at a meeting at which all Members entitled to be heldvote thereon were present and voted.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Atlas Pipeline Partners Lp), Limited Liability Company Agreement (Atlas Pipeline Partners Lp)

Consent of Members in Lieu of Meeting. Any action that may required or permitted to be taken at any annual or special meeting of Members Members, may be taken without a meeting, without prior Notification and without a vote, if a consent in writing, setting forth the action so taken, shall be signed by Members holding not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Units entitled to vote thereon were present and voted. Prompt notice of the taking of the action without a meeting by less than unanimous written consent of shall be given to those Members holding outstanding voting Membership Interests sufficient to approve such action were a meeting to be heldwho have not consented in writing.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Sylvan Learning Systems Inc)

Consent of Members in Lieu of Meeting. Any action that may required or permitted to be taken at any meeting of the Members may be maybe taken without a meeting meeting, prior notice or a vote, if a written consent, setting forth the action so taken, shall be signed by written a Majority in Interest, or if such act requires the unanimous consent of Members holding outstanding voting Membership Interests sufficient to approve such action were a meeting to be heldthe Members, then by all Members.

Appears in 1 contract

Samples: Operating Agreement (US BioEnergy CORP)

Consent of Members in Lieu of Meeting. Any action that may be taken at any meeting of Members may be taken without a meeting by written consent of - 34 - PALOALTO 54383.19 Members holding outstanding voting Membership Interests sufficient to approve such action were a meeting to be held.

Appears in 1 contract

Samples: Settlement Agreement

Consent of Members in Lieu of Meeting. Any action that may be taken at any meeting of Members may be taken without a meeting meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, is signed by written consent of Members holding outstanding voting Membership having not less than the total Percentage Interests sufficient in the Company that would be necessary to approve authorize or take such action were at a meeting at which all Members entitled to be heldvote thereon were present and entitled to vote.

Appears in 1 contract

Samples: Operating Agreement (Hamm Harold)

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Consent of Members in Lieu of Meeting. Any action that may required or permitted to be taken at any meeting of the Members may be taken without a meeting meeting, prior notice or a vote, if a written consent, setting forth the action so taken, shall be signed by written consent of Members holding outstanding voting Membership Interests sufficient to approve a Majority in Interest, or if such action were a meeting to be heldact requires some other consent, by such other consent.

Appears in 1 contract

Samples: Operating Agreement (Pacific Ethanol, Inc.)

Consent of Members in Lieu of Meeting. Any action that may be taken at any meeting of Members may be taken without a meeting meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the actions so taken, is signed by written consent of Members holding outstanding voting Membership having not less than the total Percentage Interests sufficient in the Company that would be necessary to approve authorize or take such action were at a meeting at which all Members entitled to be heldvote thereon were present.

Appears in 1 contract

Samples: Operating Agreement (Terra Investment Fund LLC)

Consent of Members in Lieu of Meeting. Any action that required to or which may be taken at any annual or special meeting of the Members may be taken without a meeting meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, shall be signed by written consent all of Members holding outstanding voting Membership Interests sufficient to approve such action were a meeting to be heldthe Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Fabrene Group Inc)

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