Major Decisions. (a) Notwithstanding anything to the contrary, without prior written Member Consent in each instance (each, a “Major Decision”), the Company and Managing Member shall not, and the Managing Member shall not authorize the Operating Member to:
Appears in 13 contracts
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.), Liability Company Agreement (CNL Growth Properties, Inc.), Limited Liability Company Agreement (CNL Growth Properties, Inc.)
Major Decisions. (a) Notwithstanding anything to the contrarycontrary set forth herein, without prior written Member Consent in each instance (each, a “Major Decision”), none of the Company and Managing Member shall notCompany, and the Managing Member shall not authorize or the Operating Member toshall:
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (CNL Growth Properties, Inc.)
Major Decisions. (a) Notwithstanding anything to the contrary, without prior written Member Consent in each instance (each, a “Major Decision”), the Company Company, Managing Member and Managing the Operating Member shall not, and the Managing Member shall not authorize the Operating Member to:
Appears in 1 contract
Samples: Limited Liability Company Agreement (CNL Growth Properties, Inc.)
