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

Meetings of and Voting by Members. 5.2.1. A meeting of the Members may be called at any time by the General Manager or by those Members holding at least fifty-one percent (51%) of the Percentages then held by Members. Meetings of Members shall be held at the Company's principal place of business or at any other place within the continental United States designated by the Person calling the meeting. Not less than ten (10) nor more than ninety (90) days before each meeting, the 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 time, place and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice waives 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 Members holding not less than fifty-one percent (51 %) of the Percentages then held by Members constitutes 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.

Appears in 1 contract

Samples: Operating Agreement – Banjo Minnow (DM Products, Inc.)

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Meetings of and Voting by Members. 5.2.1. (i) A meeting of the Members may be called at any time by the General Manager or by those Members holding at least fiftytwenty-one percent five (5125%) percent of the Percentages then held by MembersInterests of the Company. Meetings of Members shall be held at the Company's ’s principal place of business or at any other place within by telephone conference in the continental United States designated by event same is more convenient for the Person calling the meetingMembers. Not less than ten (10) nor more than ninety sixty (9060) days before each meeting, the Person 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 timeplace, place date, hour and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice waives 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 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 Members holding not less than fifty-one percent (51 %) a majority of the Percentages then held by Members constitutes Percentage Interests of the Company 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.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Trump Entertainment Resorts Holdings Lp)

Meetings of and Voting by Members. 5.2.15.3.1. A meeting of the Members may be called at any time by the General Manager or by those Members holding at least fifty-one fifty percent (5150%) of the Percentages then held by Members. Meetings of Members shall be held (i) at the Company's ’s principal place of business business, or (ii) at any other such place within as the continental United States designated by the Person calling the meetingMembers shall unanimously agree. Not less than ten (10) nor more than ninety (90) days before each meeting, the 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 time, place and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice waives 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 Members holding not less more than fifty-one fifty percent (51 50%) of the Percentages then held by Members constitutes 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. Members may participate in any meeting by means of a conference telephone or similar communications equipment if all persons participating in the meeting can hear each other at the same time. Any action required or permitted to be taken at a meeting of Members may be taken without a meeting if there is filed with the records of Members’ meetings a unanimous written consent which sets forth the action and is signed by each Member entitled to vote on the matter.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Corporate Property Associates 18 Global Inc)

Meetings of and Voting by Members. 5.2.1. (a) A meeting of the Members may be called at any time by the General Manager or by those Members holding an aggregate of at least fifty-one percent (51%) 25% of the Percentages Percentage Interests then held by Members. Meetings of Members shall be held at the Company's principal place of business or at any other place within the continental United States designated agreed to by the Person calling the meetingManaging Member. Not less than ten (10) 10 nor more than ninety (90) 60 days before each meeting, the Person 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 waives 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 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 Members holding not less than fifty-one percent (51 %) a majority of the Percentages Percentage Interests then held by Members constitutes 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 fact.

Appears in 1 contract

Samples: Operating Agreement (American Craft Brewing International LTD)

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Meetings of and Voting by Members. 5.2.1. (a) A meeting of the Members may be called at any time by the General Manager or by those Members holding at least fifty-one percent ten (51%10) of the Percentages then held by Members. Meetings of Members shall be held at the Company's principal place of business or at any other place within the continental United States designated by the Person calling the meeting. Not less than ten (10) nor more than ninety (90) days before each meeting, the 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 time, place and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice waives may waive 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 . Notice is also waived if a Member is present at the meeting in person or by proxyproxy without protesting the adequacy of notice at the outset. Unless this Agreement provides otherwise, at a meeting of Members, the presence in person or by proxy of Members holding not less than fifty-one percent (51 %) majority of the Percentages then held by Members constitutes 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.

Appears in 1 contract

Samples: Operating Agreement (Kti Inc)

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