Common use of Meetings of Managers Clause in Contracts

Meetings of Managers. Meetings of the Board of Managers for any purpose or purposes may be called at any time by any Manager. Notice of the time and place of meetings shall be delivered personally or by telephone to each Manager, or sent by first-class mail, courier service, or by facsimile transmission, charges prepaid, addressed to such Manager at his or her address as it appears upon the records of the Company or, if it is not so shown on the records and is not readily ascertainable, at his or her last known address. In case such notice is mailed, it shall be deposited in the United States mail at least seven days prior to the time of the holding of the meeting. In case such notice is delivered personally or by telephone as above provided, it shall be so delivered at least forty-eight (48) hours prior to the time of the holding of the meeting. Any notice given personally or by telephone may be communicated to either the Managers or to a person at the office of the Managers whom the person giving the notice has reason to believe will promptly communicate it to the Managers. Such deposit in the mail, delivery to a courier service, transmission by electronic means or delivery, personally or by telephone, as above provided, shall be due, legal and personal notice to such Managers. The notice need not specify the purpose of the meeting.

Meetings of Managers. Meetings of the Board of Managers may be called for any purpose or purposes may be called at any time by any Manager. Notice of the time and place of meetings shall be delivered personally or by telephone to each Manager, or sent by first-class mail, courier service, mail or by facsimile or e-mail transmission, charges prepaid, addressed to such Manager at his or her address as it appears upon the records of the Company or, if it is not so shown on the records and is not readily ascertainable, at his or her last known addressthe place at which the meetings of the Board are regularly held. In case such notice is mailed, it shall be deposited in the United States mail at least seven ten (10) days prior to the time of the holding of the meeting. In case such notice is sent by facsimile or e-mail transmission, it shall be delivered to the Manager or actually transmitted by the person giving the notice by electronic means to the Manager at least forty-eight (48) hours prior to the time of the holding of the meeting. In case such notice is delivered personally or by telephone as above provided, it shall be so delivered at least fortytwenty-eight four (4824) hours prior to the time of the holding of the meeting. Any notice given personally or by telephone may be communicated to either the Managers Manager or to a person at the office of the Managers Manager whom the person giving the notice has reason to believe will promptly communicate it to the ManagersManager. Such deposit in the mail, delivery to a courier servicecommon carrier, transmission by electronic means or delivery, personally or by telephone, as above provided, shall be due, legal and personal notice to such Managers. The notice need not specify the purpose of the meeting.