Common use of Meetings and Consents of the Members Clause in Contracts

Meetings and Consents of the Members. (a) Meetings of the Members may be called by the Manager and shall be called upon the written request of any Member. The call shall state the nature of the business to be transacted. Notice of any such meeting shall be given to all Members not less than ten (10) Business Days nor more than thirty (30) days prior to the date of such meeting, provided that the Members may agree in writing to a shorter notice period than ten (10) Business Days. Members may vote in person, by proxy or by telephone at such meeting and may waive advance notice of such meeting. Whenever the vote or consent of Members is permitted or required under this Operating Agreement, such vote or consent may be given at a meeting of the Members or may be given in accordance with the procedure prescribed in Section 6.4. Except as otherwise expressly provided in this Operating Agreement, the vote or consent of the Members holding in excess of fifty percent of the Membership Interests shall be required to constitute the act of the Members or the consent of the Members.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Meetings and Consents of the Members. (a) Meetings of the Members may be called by the Manager Managing Member and shall will be called upon the written request of any Member. The call shall must state the nature of the business to be transacted. Notice of any such meeting shall will be given to all Members not less than ten (10) Business Days nor more than thirty (30) days prior to the date of such meeting, ; provided that the Members may agree in writing to a shorter notice period than ten (10) Business Days. Members may vote in person, by proxy or by telephone at such meeting and may waive advance notice of such meeting. Whenever the vote or consent of Members is permitted or required under this Operating Agreement, such vote or consent may be given at a meeting of the Members or may be given in accordance with the procedure prescribed in Section 6.4. Except as otherwise expressly provided in this Operating Agreement, the unanimous vote or consent of the Members holding in excess of fifty percent of the Membership Interests shall be is required to constitute the act of the Members or the consent of the Members.

Appears in 2 contracts

Samples: Operating Agreement (Atlas Pipeline Partners Lp), Operating Agreement (Atlas Pipeline Partners Lp)

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