Meetings of the Members. (i) Meetings of the Members may be called from time to time by the Managing Member and shall be called upon the receipt by the Managing Member of a written request by Investor Members holding twenty-five percent (25%) or more of the Special Common Units. (ii) Notice of any such meeting shall be given to all Members not less than seven (7) days nor more than thirty (30) days prior to the date of such meeting. (iii) The request shall state the nature of the business to be transacted. (iv) Members may vote in person or by proxy at such meeting. (v) Whenever the vote or consent of the Members is permitted or required under this Agreement, such vote or consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) hereof. (i) Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting if a written consent setting forth the action so taken is signed by the Members holding the requisite percentage of Membership Interests as is expressly required by this Agreement. (ii) Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at a meeting. (iii) Such consent shall be filed with the Managing Member. (iv) An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Member. (i) Each Investor Member may authorize any Person or Persons to act for him by proxy on all matters in which an Investor Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting. (ii) Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company. (iii) No proxy shall be valid after the expiration of eleven (11) months from the date thereof unless otherwise provided in the proxy. (iv) Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing Member's receipt of written notice of such revocation from the Investor Member executing such proxy. (d) Each meeting of the Members shall be conducted by the Managing Member or such other Person as the Managing Member may appoint pursuant to such rules for the conduct of the meeting as the Managing Member or such other Person deems appropriate.
Appears in 1 contract
Samples: Operating Agreement (Chartermac)
Meetings of the Members. (i) A. Meetings of the Members may be called from time to time by the Managing Member and shall be called upon the receipt by the Managing Member of a written request by Investor Members holding twenty-five percent (25%) or more a Majority in Interest of the Special Common Units.
(ii) Non-Managing Members. 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 seven (7) days nor more than thirty (30) 30 days prior to the date of such meeting.
(iii) . The request meeting shall state be held at the nature headquarters office of the business to Managing Member or at such other location as may be transacted.
(iv) designated by the Managing Member. Members may vote in person or by proxy at such meeting.
(v) . Whenever the vote or consent Consent of the Members is permitted or required under this Agreement, such vote or consent Consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) 14.3.B hereof.
(i) B. Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting if a written consent setting forth the action so taken is signed by the Members holding a majority of the requisite LLC Units (or such other percentage of Membership Interests as is expressly required by this Agreement.
(ii) Agreement for the action in question). Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at of Members holding a meeting.
majority of the LLC Units (iii) or such other percentage as is expressly required by this Agreement). Such consent shall be filed with the Managing Member.
(iv) . An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Memberso certified.
(i) C. Each Investor Member may authorize any Person or Persons to act for him it by proxy on all matters in which an Investor a Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting.
(ii) . Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company.
(iii) its attorney-in-fact. No proxy shall be valid after the expiration of eleven (11) months from the date thereof unless otherwise provided in the proxy.
proxy (iv) or there is receipt of a proxy authorizing a later date). Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing MemberCompany's receipt of written notice of such revocation from the Investor Member executing such proxy.
(d) D. Each meeting of the Members shall be conducted by the Managing Member or such other Person as the Managing Member may appoint pursuant to such rules for the conduct of the meeting as the Managing Member or such other Person deems appropriateappropriate in its sole and absolute discretion. Without limitation, meetings of Members may be conducted in the same manner as meetings of the Managing Member's shareholders and may be held at the same time as, and as part of, the meetings of the Managing Member's shareholders.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Health Care Property Investors Inc)
Meetings of the Members. (i) A. Meetings of the Members may be called from time to time by the Managing Member and shall be called upon the receipt by the Managing Member of a written request by Investor Members holding twentythe Non-five percent (25%) or more Managing Member. The call shall state the nature of the Special Common Units.
(ii) business to be transacted. Notice of any such meeting shall be given to all Members not less than seven (7) days nor more than thirty (30) 30 days prior to the date of such meeting.
(iii) The request shall state the nature of the business to be transacted.
(iv) . Members may vote in person or by proxy at such meeting.
(v) . Whenever the vote or consent Consent of the Members is permitted or required under this Agreement, such vote or consent Consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) 14.3.B hereof.
(i) B. Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting if a written consent setting forth the action so taken is signed by the Members holding a majority of the requisite LLC Units (or such other percentage of Membership Interests as is expressly required by this Agreement.
(ii) Agreement for the action in question). Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at of Members holding a meeting.
majority of the LLC Units (iii) or such other percentage as is expressly required by this Agreement). Such consent shall be filed with the Managing Member.
(iv) . An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Memberso certified.
(i) C. Each Investor Member may authorize any Person or Persons to act for him it by proxy on all matters in which an Investor a Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting.
(ii) . Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company.
(iii) its attorney-in-fact. No proxy shall be valid after the expiration of eleven (11) 11 months from the date thereof unless otherwise provided in the proxy.
proxy (iv) or there is receipt of a proxy authorizing a later date). Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing MemberCompany's receipt of written notice of such revocation from the Investor Member executing such proxy.
(d) D. Each meeting of the Members shall be conducted by the Managing Member or such other Person as the Managing Member may appoint pursuant to such rules for the conduct of the meeting as the Managing Member or such other Person deems appropriateappropriate in its sole and absolute discretion. Without limitation, meetings of Members may be conducted in the same manner as meetings of the Managing Member's shareholders and may be held at the same time as, and as part of, the meetings of the Managing Member's shareholders.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Inland Real Estate Corp)
Meetings of the Members. (i) A. Meetings of the Members may be called from time to time by the Managing Member Members and shall be called upon the receipt by the Managing Member Members of a written request by Investor Members holding twenty-five percent (25%) or more a Majority in Interest of the Special Common Units.
(ii) Non-Managing Members. 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 seven (7) days nor more than thirty (30) 30 days prior to the date of such meeting.
(iii) . The request meeting shall state be held at the nature headquarters office of the business to Managing Members or at such other location as may be transacted.
(iv) designated by the Managing Members. Members may vote in person or by proxy at such meeting.
(v) . Whenever the vote or consent Consent of the Members is permitted or required under this Agreement, such vote or consent Consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) 14.3.B hereof.
(i) B. Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting if a written consent setting forth the action so taken is signed by the Members holding a majority of the requisite LLC Units (or such other percentage of Membership Interests as is expressly required by this Agreement.
(ii) Agreement for the action in question). Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at of Members holding a meeting.
majority of the LLC Units (iii) or such other percentage as is expressly required by this Agreement). Such consent shall be filed with the Managing Member.
(iv) Members. An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Memberso certified.
(i) C. Each Investor Member may authorize any Person or Persons to act for him it by proxy on all matters in which an Investor a Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting.
(ii) . Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company.
(iii) its attorney-in-fact. No proxy shall be valid after the expiration of eleven (11) 6 months from the date thereof unless otherwise provided in the proxy.
(iv) thereof. Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing MemberCompany's receipt of written notice of such revocation from the Investor Member executing such proxy.
(d) D. Each meeting of the Members shall be conducted by the Managing Member Members or such other Person as the Managing Member Members may appoint pursuant to such rules for the conduct of the meeting as the Managing Member Members or such other Person deems appropriateappropriate in their sole and absolute discretion. Without limitation, meetings of Members may be conducted in the same manner as meetings of PPRP's shareholders and may be held at the same time as, and as part of, the meetings of PPRP's shareholders.
Appears in 1 contract
Samples: Operating Agreement (Pan Pacific Retail Properties Inc)
Meetings of the Members. (i) A. Meetings of the Members may be called from time to time by the Managing Member and shall be called upon the receipt by the Managing Member of a written request by Investor Members holding twenty-five percent (25%) or more a Majority in Interest of the Special Common Units.
(ii) Non-Managing Members. 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 seven (7) days nor more than thirty (30) 30 days prior to the date of such meeting.
(iii) . The request meeting shall state be held at the nature headquarters office of the business to Managing Member or at such other location as may be transacted.
(iv) designated by the Managing Member. Members may vote in person or by proxy at such meeting.
(v) . Whenever the vote or consent Consent of the Members is permitted or required under this Agreement, such vote or consent Consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) 14.3.B hereof.
(i) B. Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting if a written consent setting forth the action so taken is signed by the Members holding a majority of the requisite LLC Units (or such other percentage of Membership Interests as is expressly required by this Agreement.
(ii) Agreement for the action in question, including a Majority in Interest of the Non-Managing Members where required). Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at of Members holding a meeting.
majority of the LLC Units (iii) or such other percentage as is expressly required by this Agreement). Such consent shall be filed with the Managing Member.
(iv) . An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Memberso certified.
(i) C. Each Investor Member may authorize any Person or Persons to act for him it by proxy on all matters in which an Investor a Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting.
(ii) . Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company.
(iii) its attorney-in-fact. No proxy shall be valid after the expiration of eleven (11) months from the date thereof unless otherwise provided in the proxy.
proxy (iv) or there is receipt of a proxy authorizing a later date). Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing Member's Company’s receipt of written notice of such revocation from the Investor Member executing such proxy.
(d) D. Each meeting of the Members shall be conducted by the Managing Member or such other Person as the Managing Member may appoint pursuant to such rules for the conduct of the meeting as the Managing Member or such other Person deems appropriateappropriate in its Reasonable discretion. Without limitation, meetings of Members may be conducted in the same manner as meetings of the Managing Member’s shareholders and may be held at the same time as, and as part of, the meetings of the Managing Member’s shareholders.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Health Care Property Investors Inc)
Meetings of the Members. (i) A. Meetings of the Members may be called from time to time by the Managing Member and shall be called upon the receipt by the Managing Member of a written request by Investor Members holding twenty-five percent (25%) or more a Majority in Interest of the Special Common Units.
(ii) Non-Managing Members. 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 seven (7) days nor more than thirty (30) 30 days prior to the date of such meeting.
(iii) . The request meeting shall state be held at the nature headquarters office of the business to Managing Member or at such other location as may be transacted.
(iv) designated by the Managing Member. Members may vote in person or by proxy at such meeting.
(v) . Whenever the vote or consent Consent of the Members is permitted or required under this Agreement, such vote or consent Consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) 14.3.B hereof.
(i) B. Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting if a written consent setting forth the action so taken is signed by the Members holding a majority of the requisite LLC Units (or such other percentage of Membership Interests as is expressly required by this Agreement.
(ii) Agreement for the action in question). Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at of Members holding a meeting.
majority of the LLC Units (iii) or such other percentage as is expressly required by this Agreement). Such consent shall be filed with the Managing Member.
(iv) . An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Memberso certified.
(i) C. Each Investor Member may authorize any Person or Persons to act for him it by proxy on all matters in which an Investor a Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting.
(ii) . Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company.
(iii) its attorney-in-fact. No proxy shall be valid after the expiration of eleven (11) months from the date thereof unless otherwise provided in the proxy.
proxy (iv) or there is receipt of a proxy authorizing a later date). Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing Member's Company’s receipt of written notice of such revocation from the Investor Member executing such proxy.
(d) D. Each meeting of the Members shall be conducted by the Managing Member or such other Person as the Managing Member may appoint pursuant to such rules for the conduct of the meeting as the Managing Member or such other Person deems appropriateappropriate in its sole and absolute discretion. Without limitation, meetings of Members may be conducted in the same manner as meetings of the Managing Member’s shareholders and may be held at the same time as, and as part of, the meetings of the Managing Member’s shareholders.
Appears in 1 contract
Meetings of the Members. (i) A. Meetings of the Members may be called from time to time by the Managing Member and shall be called upon the receipt by the Managing Member of a written request by Investor Members holding twenty-five percent (25%) or more a Majority in Interest of the Special Common Units.
(ii) Non-Managing Members. 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 seven (7) days nor more than thirty (30) 30 days prior to the date of such meeting.
(iii) . The request meeting shall state be held at the nature headquarters office of the business to Managing Member or at such other location as may be transacted.
(iv) designated by the Managing Member. Members may vote in person or by proxy at such meeting.
(v) . Whenever the vote or consent Consent of the Members is permitted or required under this Agreement, such vote or consent Consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) 14.3.B hereof.
(i) B. Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting if a written consent setting forth the action so taken is signed by the Members holding a majority of the requisite LLC Units (or such other percentage of Membership Interests as is expressly required by this Agreement.
(ii) Agreement for the action in question). Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at of Members holding a meeting.
majority of the LLC Units (iii) or such other percentage as is expressly required by this Agreement). Such consent shall be filed with the Managing Member.
(iv) . An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Memberso certified.
(i) C. Each Investor Member may authorize any Person or Persons to act for him it by proxy on all matters in which an Investor a Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting.
(ii) . Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company.
(iii) its attorney-in-fact. No proxy shall be valid after the expiration of eleven (11) 11 months from the date thereof unless otherwise provided in the proxy.
proxy (iv) or there is receipt of a proxy authorizing a later date). Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing Member's Company’s receipt of written notice of such revocation from the Investor Member executing such proxy.
(d) D. Each meeting of the Members shall be conducted by the Managing Member or such other Person as the Managing Member may appoint pursuant to such rules for the conduct of the meeting as the Managing Member or such other Person deems appropriateappropriate in its reasonable discretion. Without limitation, meetings of Members may be conducted in the same manner as meetings of the Managing Member’s shareholders and may be held at the same time as, and as part of, the meetings of the Managing Member’s shareholders.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Health Care Property Investors Inc)
Meetings of the Members. (i) A. Meetings of the Members may be called from time to time by the Managing Member and shall be called upon the receipt by the Managing Member of a written request by Investor Members holding twenty-five percent (25%) or more a Majority in Interest of the Special Common Units.
(ii) Non-Managing Members. 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 seven (7) days nor more than thirty (30) 30 days prior to the date of such meeting.
(iii) . The request meeting shall state be held at the nature headquarters office of the business to Managing Member or at such other location as may be transacted.
(iv) designated by the Managing Member. Members may vote in person or by proxy at such meeting.
(v) . Whenever the vote or consent Consent of the Members is permitted or required under this Agreement, such vote or consent Consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) 14.3.B hereof.
(i) B. Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting if a written consent setting forth the action so taken is signed by the Members holding a majority of the requisite LLC Units (or such other percentage of Membership Interests as is expressly required 62 67 by this Agreement.
(ii) Agreement for the action in question). Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at of Members holding a meeting.
majority of the LLC Units (iii) or such other percentage as is expressly required by this Agreement). Such consent shall be filed with the Managing Member.
(iv) . An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Memberso certified.
(i) C. Each Investor Member may authorize any Person or Persons to act for him it by proxy on all matters in which an Investor a Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting.
(ii) . Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company.
(iii) its attorney-in-fact. No proxy shall be valid after the expiration of eleven (11) 11 months from the date thereof unless otherwise provided in the proxy.
proxy (iv) or there is receipt of a proxy authorizing a later date). Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing MemberCompany's receipt of written notice of such revocation from the Investor Member executing such proxy.
(d) D. Each meeting of the Members shall be conducted by the Managing Member or such other Person as the Managing Member may appoint pursuant to such rules for the conduct of the meeting as the Managing Member or such other Person deems appropriateappropriate in its sole and absolute discretion. Without limitation, meetings of Members may be conducted in the same manner as meetings of the Managing Member's shareholders and may be held at the same time as, and as part of, the meetings of the Managing Member's shareholders.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Pan Pacific Retail Properties Inc)
Meetings of the Members. (i) Meetings of the Members may be called from time to time by the Managing Member and shall be called upon the receipt by the Managing Member of a written request by Investor Members holding twenty-five percent (25%) or more of the Special Common Unitseither Member.
(ii) Notice of any such meeting shall be given to all Members and the Independent Managers not less than seven (7) days nor more than thirty (30) days prior to the date of such meeting.
(iii) The request shall state the nature of the business to be transacted.
(iv) Members may vote in person or by proxy at such meeting. Independent Managers must vote in person at such meeting.
(v) Whenever the vote or consent of the Members and/or the Independent Managers is permitted or required under this Agreement, such vote or consent may be given at a meeting of the Members or class thereof or may be given in accordance with the procedure prescribed in Section 14.2(b) hereof.
(i) Any action required or permitted to be taken at a meeting of the Members or class thereof may be taken without a meeting and without prior notice if a written consent setting forth the action so taken is signed by the Members holding and/or the requisite percentage of Membership Interests as is expressly Independent Managers required by this Agreementto consent to such action.
(ii) Such consent may be in one instrument or in several instruments, and shall have the same force and effect as a vote at a meeting.
(iii) Such consent shall be filed with the Managing Member.
(iv) An action so taken shall be deemed to have been taken at a meeting held on the effective date of the consent as certified by the Managing Member.
(i) Each Investor Member may authorize any Person or Persons to act for him by proxy on all matters in which an Investor a Member is entitled to participate, including waiving notice of any meeting, or voting or participating at a meeting.
(ii) Every proxy must be signed by the Investor Member or his attorney in fact and a copy thereof delivered to the Company.
(iii) No proxy shall be valid after the expiration of eleven (11) months from the date thereof unless otherwise provided in the proxy.
(iv) Every proxy shall be revocable at the pleasure of the Investor Member executing it, such revocation to be effective upon the Managing Member's ’s receipt of written notice of such revocation from the Investor Member executing such proxy.
(d) Each meeting of the Members shall be conducted by the Managing Member or such other Person as the Managing Member may appoint pursuant to such rules for the conduct of the meeting as the Managing Member or such other Person deems appropriate.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Centerline Holding Co)