Common use of DISPUTES OF MEMBERS Clause in Contracts

DISPUTES OF MEMBERS. Disputes among Members will be decided by a majority vote. A member has the amount of votes according to the Members percent of interest. (Example: 11% is 11 votes.) There has to be a majority vote for an action to take place.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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DISPUTES OF MEMBERS. Disputes among Members will be decided by a majority vote. A member Member has the amount of votes according to the Members that Member's percent of ownership interest. (Example: 11% is ownership equals 11 votes.) There has to be a A majority vote is necessary for an action to take place.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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DISPUTES OF MEMBERS. Disputes among Members will be decided by a majority vote. A member has the amount of votes according to the Members that Member’s percent of ownership interest. (Example: 11% is ownership equals 11 votes.) There has to be a A majority vote is necessary for an action to take place.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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