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
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: Operating Agreement, Operating Agreement
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: Operating Agreement, Operating Agreement
