Impasse Defined. An "Impasse" will be deemed to exist if (a) a matter is brought to the Managers or the Members for their approval, (b) the Managers or the Members, as the case may be, fail to approve this matter, and (c) Members owning 20% or higher Ownership Interest authorize, in writing, a Member to give notice of an Impasse with respect to this matter and that Member gives notice, in accordance with Section 18.2, to the other Members and the Company that the Member considers the failure of the Members or the Managers to approve the matter to have caused an Impasse. An Impasse shall occur on the date the Member gives the other Member(s) notice under this Section 14.1.
Impasse Defined
