Common use of Members’ Representative Clause in Contracts

Members’ Representative. Each Member that is not an individual will designate one or more individuals to act as such Member's duly authorized representative and agent for purposes of exercising such Member's vote on any matter involving the Company requiring the approval or action of the Members. Each Member that is not an individual may also designate one or more individuals as an alternate in the event that the primary representative is unavailable to act for any reason. A Member may change any such designation at any time upon similar notice. The representatives of a Member will cast the vote of each Member in accordance with such Member's Ownership Interest, as provided in this Article.

Appears in 2 contracts

Samples: Operating Agreement (Lakes Gaming Inc), Operating Agreement (Lakes Gaming Inc)

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Members’ Representative. Each Member that which is not an individual will designate one or more individuals to act as such Member's duly authorized representative and agent for purposes of exercising such Member's vote on any matter involving the Company requiring the approval or action of the Members. Each Member that which is not an individual may also designate one or more individuals as an alternate in the event that the primary representative is unavailable to act for any reason. A Member may change any such designation at any time upon similar notice. The representatives of a Member will cast the vote of each Member in accordance with such Member's Ownership Interest, as provided in this Article.

Appears in 2 contracts

Samples: Operating Agreement (Nevada Gold & Casinos Inc), Operating Agreement (Grand Palais Riverboat Inc)

Members’ Representative. Each Member that which is not an individual will ----------------------- designate one or more individuals to act as such Member's duly authorized representative and agent for purposes of exercising such Member's vote on any matter involving the Company requiring the approval or action of the Members. Each Member that which is not an individual may also designate one or more individuals as an alternate in the event that the primary representative is unavailable to act for any reason. A Member may change any such designation at any time upon similar notice. The representatives of a Member will cast the vote of each Member in accordance with such Member's Ownership Interest, as provided in this Article.

Appears in 1 contract

Samples: Operating Agreement (Isle of Capri Black Hawk Capital Corp)

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Members’ Representative. Each Member that which is not an individual will designate one or more individuals to act as such Member's ’s duly authorized representative and agent for purposes of exercising such Member's ’s vote on any matter involving the Company requiring the approval or action of the Members. Each Member that which is not an individual may also designate one or more individuals as an alternate in the event that the primary representative is unavailable to act for any reason. A Member may change any such designation at any time upon similar notice. The representatives of a Member will cast the vote of each Member in accordance with such Member's ’s Ownership Interest, as provided in this Article.

Appears in 1 contract

Samples: Operating Agreement (Nevada Gold & Casinos Inc)

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