Common use of Issuance of Additional Interests Clause in Contracts

Issuance of Additional Interests. The issuance of any additional Interests in the Company or the admission of any Additional Member into the Company; provided, however, that such a decision shall require the approval of all of the representatives present at a meeting of the Management Committee at which a quorum is present or Unanimous Written Consent;

Appears in 11 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement (Paladin Realty Income Properties Inc)

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Issuance of Additional Interests. The issuance of any additional Interests in the Company or and/or the admission of any Additional Member into the Company; provided, however, that such a decision shall require the approval of all of the representatives present at a meeting of the Management Committee at which a quorum is present or Unanimous Written Consent;

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Paladin Realty Income Properties Inc)

Issuance of Additional Interests. The issuance of any additional Interests in the Company or the admission of any Additional Member into the Company; provided, however, that such a decision shall require the approval of all of the representatives present at a meeting of the Management Committee at which a quorum is present or Unanimous Written Consent, subject in all instances to the terms and provisions of the Loan Documents;

Appears in 1 contract

Samples: Operating Agreement (Paladin Realty Income Properties Inc)

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Issuance of Additional Interests. The issuance of any additional Interests in the Company or the Project Owner and/or the admission of any Additional Member into the CompanyCompany or the Project Owner; provided, however, that such a decision shall require the approval of all of the representatives present at a meeting of the Management Committee at which a quorum is present or Unanimous Written Consent;

Appears in 1 contract

Samples: Limited Liability Company Agreement (Paladin Realty Income Properties Inc)

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