Common use of Decisions by Members Clause in Contracts

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the Members.

Appears in 261 contracts

Samples: Operating Agreement (Sibannac, Inc.), Limited Liability Company Operating Agreement, Operating Agreement

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Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority majority of the Members.

Appears in 58 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the Members.otherwise

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the Common Unit Holders Members.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the Members, unless such authority is conferred to a specific officer by prior unanimous vote of the Members.

Appears in 1 contract

Samples: Operating Agreement

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Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, judgement or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, judgment or action shall mean a Majority majority of the Members.

Appears in 1 contract

Samples: Operating Agreement

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of unanimous approval by the Members.

Appears in 1 contract

Samples: Operating Agreement

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the MembersManager.

Appears in 1 contract

Samples: Operating Agreement (Tulsa Real Estate Fund, LLC)

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