Matters Requiring the Approval of the Board of Directors. Notwithstanding any other term of this Agreement, without first obtaining the approval of a majority of the Board of Directors, at a meeting duly held, or by a written act of such Directors in lieu of a meeting, the Managers shall not:
Appears in 6 contracts
Samples: Limited Liability Company Operating Agreement (Decrane Holdings Co), Limited Liability Company Operating Agreement (Decrane Aircraft Holdings Inc), Limited Liability Company Operating Agreement (Decrane Holdings Co)