Common use of Management by Voting Members Clause in Contracts

Management by Voting Members. The Voting Members shall manage the Company and shall have the right to vote, in their capacity as Managers, upon all matters upon which Managers have the right to vote under the Act or under this Agreement, in proportion to their respective Percentage Voting Interests in the Company. Voting Members need not identify whether they are acting in their capacity as Members or Managers when they act.

Appears in 8 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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