Common use of General Voting Procedures Clause in Contracts

General Voting Procedures. Each outstanding Class A Unit and Class B Unit shall be entitled to one (1) vote on each matter submitted to a vote or for approval unless otherwise provided by law or pursuant to the last sentence of Section 5.3. No Class C Member or Class D Member shall have the right to vote or otherwise approve any action by the Members in any respect whatsoever, except as required by the Act or by applicable law.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

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General Voting Procedures. Each outstanding Class A Unit and Class B A-1 Unit shall be entitled to one (1) vote on each matter submitted to a vote or for approval unless otherwise provided by law or pursuant to the last sentence of Section 5.3law. No Class C Member or Class D Member shall have the right to vote or otherwise approve any action by the Members in any respect whatsoever, except as required by the Act or by applicable lawlaw or pursuant to Section 11.2.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

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