Majority Defined. As used throughout this agreement the term “Majority” of the Members shall mean a majority of the ownership interest of the LLC as determined by the records of the LLC on the date of the action.
Appears in 29 contracts
Samples: Sample LLC Operating Agreement, Operating Agreement, LLC Sample Operating Agreement
Majority Defined. As used throughout this agreement the The term “Majority” of the Members Member(s), as used in this agreement, shall mean a majority of the ownership interest of the LLC as determined by the records of the LLC on the date of the action. So long as the LLC remains a single-‐Member LLC, a majority shall be comprised of the Member’s single vote.
Appears in 10 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Majority Defined. As The term “Majority,” as used throughout this agreement the term “Majority” of the Members shall mean Operating Agreement, means a majority of the ownership interest of the LLC as determined by the records of the LLC on the date of the actionaction when used throughout this agreement.
Appears in 7 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Majority Defined. As used throughout this agreement the The term “Majority” of the Members shall mean a majority of the ownership interest of the LLC as determined by the records of the LLC on the date of the actionaction when used throughout this agreement.
Appears in 6 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
Majority Defined. As used throughout this agreement the The term “Majority” of the Members Member(s) shall mean a majority of the ownership interest of the LLC as determined by the records of the LLC on the date of the actionaction when used throughout this agreement.
Appears in 2 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement
Majority Defined. As used throughout this agreement the term “Majority” of the Members shall mean a majority of the ownership interest of the LLC as determined by the records of the LLC on the date of the actionLLC.
Appears in 1 contract
Samples: Operating Agreement
Majority Defined. As used throughout this agreement Agreement the term “Majoritymajority” of the Members shall mean a majority of the ownership interest of Membership Interests in the LLC Company as determined by the records of the LLC Company on the date of the action.
Appears in 1 contract
Samples: Strategic Investment Agreement (Hightimes Holding Corp.)
Majority Defined. As used throughout this agreement the The term “Majority” of the Members Member(s), as used in this agreement, shall mean a majority of the ownership interest of the LLC as determined by the records of the LLC on the date of the action. So long as the LLC remains a single-Member LLC, a majority shall be comprised of the Member’s single vote.
Appears in 1 contract
