Membership Votes. The Voting Members shall vote upon all matters upon which the Members have the right to in proportion to their PVI. The nonvoting Members have no right to vote. The Voting Members may act only (Check one) ☐ collectively and unanimously ☐ with majority- in-interest ☐ with a 2/3-majority-in-interest. For purposes of this Agreement, a “majority-in- interest” shall mean consent or approval of those Members holding a majority of the Units eligible to vote on the respective matter.
Membership Votes. Each Pool Member shall be entitled to one vote by reason of its Pool Membership (its "Membership Vote").
Membership Votes. The Voting Members shall manage the Company and vote upon all matters upon which the Members have the right to in proportion to their PVI. The nonvoting Members have no right to vote or participate in management. The _. For purposes of this Agreement, a “majority-in-interest” shall mean consent or approval of those Members holding a majority of the Units eligible to vote on the respective matter.
