Extraordinary Actions. Except as specifically provided in this Agreement, notwithstanding any provision of law permitting or requiring any action to be taken or authorized by the affirmative vote of the holders of a greater number of votes, any such action shall be effective and valid if taken or approved by the affirmative vote of holders of Interests entitled to cast a majority of all the votes entitled to be cast on the matter.
Appears in 70 contracts
Samples: Series Limited Liability Company Agreement (Paradyme Fund a Ii, LLC), Limited Liability Company Agreement (Neptune REM, LLC), Asset Management Agreement (Ark7 Properties Advance LLC)
Extraordinary Actions. Except as specifically provided in this Agreement, notwithstanding any provision of law permitting or requiring any action to be taken or authorized by the affirmative vote of the holders of a greater number of votes, any such action shall be effective and valid if taken or approved by the affirmative vote of holders of Interests Shares entitled to cast a majority of all the votes entitled to be cast on the matter.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (StartEngine Collectibles Fund I LLC), Limited Liability Company Agreement (StartEngine Collectibles Fund II LLC), Limited Liability Company Agreement (StartEngine Collectibles Fund I LLC)
Extraordinary Actions. Except as specifically provided in this Agreement, notwithstanding Notwithstanding any provision of law permitting or requiring any action to be taken or authorized approved by the affirmative vote of the holders of shares entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable by the Board of Directors and taken or approved by the affirmative vote of holders of Interests shares entitled to cast a majority of all the votes entitled to be cast on the matter.
Appears in 6 contracts
Samples: Agreement and Plan of Merger (CYS Investments, Inc.), Iii Agreement and Plan of Merger (Two Harbors Investment Corp.), Agreement and Plan of Merger (Terra Industries Inc)
Extraordinary Actions. Except as specifically provided in this Agreement, notwithstanding Notwithstanding any provision of law permitting or requiring any action to be taken or authorized approved by the affirmative vote of the holders of Shares entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable by the Board of Directors and taken or approved by the affirmative vote of holders of Interests Shares entitled to cast a majority of all the votes entitled to be cast on the matter.
Appears in 6 contracts
Samples: Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.)
Extraordinary Actions. Except as specifically provided in this Agreement, notwithstanding any provision of law permitting or requiring any action to be taken or authorized by the affirmative vote of the holders of a greater number of votes, any such action shall be effective and valid if taken or approved by the affirmative vote of holders of Voting Interests entitled to cast a majority of all the votes entitled to be cast on the matter.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Public Luxury Handbag Portfolio LLC), Limited Liability Company Agreement (Public Shrek Royalties LLC), Limited Liability Company Agreement (Public 1997 Michael Jordan PMG LLC)
Extraordinary Actions. Except as specifically provided in this AgreementSection 6.2, notwithstanding any provision of law permitting or requiring any an action to be taken or authorized approved by the affirmative vote of the holders of shares entitled to cast a greater number of votes, any such action shall be effective and valid if taken or declared advisable and approved by the board of directors, and approved by the affirmative vote of holders of Interests shares entitled to cast a majority of all the votes entitled to be cast on the matter.
Appears in 4 contracts
Samples: And Restated Agreement and Plan of Merger (Medley Capital Corp), Agreement and Plan of Merger (Sierra Income Corp), Employment Agreement (Medley Management Inc.)
Extraordinary Actions. Except as specifically provided in this Agreement, notwithstanding Notwithstanding any provision of law permitting or requiring any action to be taken or authorized approved by the affirmative vote of the holders of shares entitled to cast a greater number of votes, any such action shall be effective and valid if taken or approved by the affirmative vote of holders of Interests shares entitled to cast a majority of all the votes entitled to be cast on the matter.
Appears in 2 contracts
Samples: Contribution Agreement (Care Investment Trust Inc.), Contribution Agreement (Care Investment Trust Inc.)
Extraordinary Actions. Except as specifically provided in this Agreement, notwithstanding any provision of law permitting or requiring any action to be taken or authorized by the affirmative vote of the holders of a greater number of votes, any such action shall be effective and valid if taken or approved by the affirmative vote of holders of Interests Shares entitled to cast a majority of all the votes entitled to be cast on the matter.. 45
Appears in 1 contract
Samples: Limited Liability Company Agreement (Etre Reit, LLC)
