Common use of Meetings of and Voting by Members Clause in Contracts

Meetings of and Voting by Members. (a) A meeting of the Members may be called at any time by the Managing Member. Meetings of Members shall be held at the LLC’s principal place of business. Not less than ten (10) nor more than thirty (30) days before each meeting, the Voting Member(s) calling the meeting shall give written notice of the meeting to each Member entitled to vote at the meeting. The notice shall state the time, place and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice shall be deemed to have waived such notice if before or after the meeting the Member signs a waiver of the notice which is filed with the records of Members’ meetings, or is present at the meeting in person or by proxy. Unless this Agreement provides otherwise, at a meeting of Members, the presence in person or by proxy of a Majority-in-Interest of Members shall constitute a quorum. A Member may vote either in person or by written proxy signed by the Member or by his duly authorized attorney-in-fact. (b) Wherever this Agreement requires the “written consent”, “approval” or “election” by the Members, the affirmative vote of a Majority-in-Interest of Members shall be required to approve the matter, except where a higher vote is required by this Agreement.

Meetings of and Voting by Members. (a) 6.3.1 A meeting of the Members may be called at any time by Members holding at least fifty percent (50%) of the Managing MemberPercentages then held by Members. Meetings of Members shall be held at the LLC’s Company=s principal place of business. Not less than ten (10) nor more than thirty sixty (3060) days before each meeting, the Voting Member(s) Person calling the meeting shall give written notice of the meeting to each Member entitled to vote at the meeting. The notice shall state the timeplace, place date, hour, and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice shall be deemed to have waived such waives notice if before or after the meeting the Member signs a waiver of the notice which is filed with the records of Members’ meetingsMembers= meeting, or is present at the meeting in person or by proxyproxy without objecting to the lack of notice. Unless this Agreement provides otherwise, at a meeting of Members, the presence in person or by proxy of a Majority-in-Interest all of the Members shall constitute a quorum. A Member may vote either in person or by written proxy signed by the Member or by his the Member=s duly authorized attorney-in-attorney in fact. (b) Wherever 6.3.2 Except as otherwise provided in this Agreement requires the “written consent”, “approval” or “election” by the MembersAgreement, the affirmative vote of a Majority-in-Interest all of the Members shall be required to approve any matter to be decided by the matter, except where a higher vote is required by Members under this Agreement. 6.3.3 In lieu of holding a meeting, the Members may vote or otherwise take action by a written instrument indicating the unanimous consent of Members.