Member Vote; Consent of Manager. Except as specifically provided in this Agreement, matters upon which the Members may vote shall require a Majority Vote of the Members and the consent of the Manager to pass and become effective. Any amendment to this Agreement shall require the unanimous consent of the Members.
Appears in 3 contracts
Samples: Operating Agreement (Ridgewood Properties Inc), Operating Agreement (Ridgewood Properties Inc), Operating Agreement (Ridgewood Properties Inc)
Member Vote; Consent of Manager. Except as specifically expressly provided in this Agreement, matters upon which the Preferred Members may vote shall require a Majority Vote of the Preferred Members to pass and become effective. The following matters shall further require the consent of the Manager to pass and become effective. Any amendment to this Agreement shall require the unanimous consent of the Members.:
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Member Vote; Consent of Manager. Except as specifically expressly provided in this Agreement, matters upon which the Members may vote shall require a Majority Vote of the Members to pass and become effective. The following matters shall require the consent of the Manager to pass and become effective. Any amendment to this Agreement shall require the unanimous consent of the Members.:
Appears in 2 contracts
Samples: Operating Agreement (NNN 2002 Value Fund LLC), Operating Agreement (NNN 2002 Value Fund LLC)
Member Vote; Consent of Manager. Except as specifically expressly provided in this Agreement, matters upon which the Members may vote shall require a Majority Requisite Vote of the Members to pass and become effective. The following matters shall require the consent of the Manager to pass and become effective. : 8.3.1 Any amendment to this Agreement shall require Agreement; and 8.3.2 The admission of an additional or successor Manager when the unanimous consent of the Members.current Manager will continue as such. 8.4
Appears in 1 contract
Samples: Operating Agreement
Member Vote; Consent of Manager. Except as specifically expressly provided in this Agreement, matters upon which the Members may vote shall require a Majority Requisite Vote of the Members to pass and become effective. The following matters shall require the consent of the Manager to pass and become effective. Any amendment to this Agreement shall require the unanimous consent of the Members.:
Appears in 1 contract
Samples: Operating Agreement (T Reit Inc)
Member Vote; Consent of Manager. Except as specifically provided in this Agreement, matters Matters upon which the Members may vote shall require a Majority Vote of the Members and the consent of the Manager (which may be withheld for any or no reason) to pass and become effective. Any ; provided, however, any amendment to this Agreement shall require the unanimous consent of the Members.
Appears in 1 contract
Samples: Ridgewood Hotels Inc
Member Vote; Consent of Manager. Except as specifically expressly provided in this Agreement, matters upon which the Members may vote shall require a Majority Vote of the Members to pass and become effective. The following matters shall also require the consent of the Manager to pass and become effective. Any amendment to this Agreement shall require the unanimous consent of the Members.:
Appears in 1 contract
Samples: Operating Agreement
Member Vote; Consent of Manager. Except as specifically expressly provided in this ------------------------------- Agreement, matters upon which the Members may vote shall require a Majority Vote of the Members to pass and become effective. The following matters shall require the consent of the Manager to pass and become effective. Any amendment to this Agreement shall require the unanimous consent of the Members.:
Appears in 1 contract
Samples: Operating Agreement (T Reit Inc)
Member Vote; Consent of Manager. Except as specifically expressly provided in this Agreement, matters upon which the Members may vote shall require a Majority Vote of the Members to pass and become effective, The following matters shall also require the consent of the Manager to pass and become effective. Any amendment to this Agreement shall require the unanimous consent of the Members.:
Appears in 1 contract
