Common use of Majority Required Clause in Contracts

Majority Required. Except as otherwise provided and delegated to the Officers or Managers, a majority of the Members, based upon their percentage ownership, is required for any action.

Appears in 18 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Majority Required. Except The majority of the Members, or sole Member, based upon their percentage ownership, except as otherwise provided and delegated to the Officers or Managers, a majority of the Members, based upon their percentage ownership, is required for any actionshall decide all decisions made.

Appears in 13 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Majority Required. Except The majority of the Members, based upon their percentage ownership, except as otherwise provided and delegated to the Officers or Managers, a majority of the Members, based upon their percentage ownership, is required for any actionshall decide all decisions made.

Appears in 13 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Majority Required. Except as otherwise provided and delegated to the Officers or Managersrequired, a majority of the Members, based upon their percentage ownership, is required for any action.

Appears in 12 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Majority Required. Except as otherwise provided and delegated to the Officers officers or Managers, a majority of the Members, based upon their percentage ownershipMembership Interest, is required for any action.

Appears in 1 contract

Samples: Strategic Investment Agreement (Hightimes Holding Corp.)

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