Common use of Consent to Action Without Meeting Clause in Contracts

Consent to Action Without Meeting. Any action that may be taken at any meeting of the 592 Partners may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by Partners having not less than the minimum number of votes that would be necessary 594 to authorize or take that action at a meeting at which all Partners who are entitled to vote on the matter were present and voted. If the Limited Partners are requested to consent to a matter 596 without a meeting, each Partner shall be given notice of the matter to be voted on in the manner described in Paragraph 8.02. If the General Partner, or Limited Partners representing more than 598 10 present of the interests of the Limited Partners, request a meeting for the purpose of discuss- ing or voting on the matter so noticed, notice of a meeting will be given pursuant to Paragraph 600 8.02 and no action may be taken until the meeting is held. Unless delayed by a request for and the conduct of a meeting, any action taken without a meeting is effective 15 days after the 602 required minimum number of voters have signed consents to action without a meeting; however, the action is effective immediately if all General Partners and Limited Partners representing at 604 least 90 percent of the interests of the Limited Partners sign consents to the action without a meeting. 606

Appears in 2 contracts

Samples: www.fis.org, cdn.cocodoc.com

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Consent to Action Without Meeting. Any action that may be taken at any meeting of the 592 Partners may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by Partners having not less than the minimum number of votes that would be necessary 594 to authorize or take that action at a meeting at which all Partners who are entitled to vote on the matter thereon were present and voted. If In the event the Limited Partners are requested to consent to a matter 596 without a meeting, each Partner shall be given notice of the matter to be voted on upon in the manner described in Paragraph 8.02Section 17 (Notices). If In the event that any General Partner, or Limited Partners representing more than 598 10 present ten percent (10%) of the aggregate percentage interests of the Limited Partners, within ten (10) days of the giving of said notice, request a meeting for the purpose of discuss- ing discussing or voting on the matter so noticed, notice of a meeting will shall be given pursuant to Paragraph 600 8.02 Section 17 (Notices) hereof and no action may shall be taken until the meeting is held. Unless delayed by a request for and the conduct of a meeting, any action taken without a meeting is shall be effective 15 fifteen (15) days after the 602 required minimum number of voters have signed consents to action without a meeting; however, the action is effective immediately if all General Partners and Limited Partners representing at 604 least 90 percent of the interests of the Limited Partners sign consents to the action without a meeting. 606.

Appears in 1 contract

Samples: Intergroup Corp

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Consent to Action Without Meeting. 8.07. Any action that may be taken at any meeting of the 592 Partners may be taken without a meeting if a consent in writing, setting forth the action so taken, is signed by Partners having not less than the minimum number of votes that would be necessary 594 to authorize or take that action at a meeting at which all Partners who are entitled to vote on the matter were present and voted. If the Limited Partners are requested to consent to a matter 596 without a meeting, each Partner shall be given notice of the matter to be voted on in the manner described in Paragraph 8.02. If the any General Partner, or Limited Partners representing more than 598 10 present percent of the interests of the Limited Partners, request requests a meeting for the purpose of discuss- ing discussing or voting on the matter so noticed, notice of a meeting will be given pursuant to Paragraph 600 8.02 8.03 and no action may be taken until the meeting is held. Unless delayed by a request for and the conduct of a meeting, any action taken without a meeting is effective 15 days after the 602 required minimum number of voters have signed consents to action without a meeting; however, the action is effective immediately if all General Partners Partner and Limited Partners representing at 604 least 90 percent of the interests of the Limited Partners sign consents to the action without a meeting. 606.

Appears in 1 contract

Samples: Limited Partnership Agreement (ARAMARK FHC Kansas, Inc.)

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