Common use of New Members Clause in Contracts

New Members. New or additional members may be admitted at any time by affirmative vote of (Check one) ☐ all of the Members ☐ a majority-in-interest of the Members.

Appears in 41 contracts

Sources: Multi Member LLC Operating Agreement, LLC Operating Agreement, Multi Member LLC Operating Agreement

New Members. New or additional members may be admitted at any time by affirmative vote of (Check one) ☐ all of the Members ☐ a majority-in-interest of the Members.

Appears in 4 contracts

Sources: LLC Operating Agreement, LLC Operating Agreement, LLC Operating Agreement

New Members. New or additional members may be admitted at any time by affirmative vote of (Check one) ☐ all of the Members ☐ a majority-in-interest of the Members.

Appears in 2 contracts

Sources: LLC Operating Agreement, Operating Agreement

New Members. New or additional members may be admitted at any time by affirmative vote of (Check one) all of the Members a majority-in-interest of the Members.

Appears in 1 contract

Sources: LLC Operating Agreement

New Members. New or additional members may be admitted at any time by affirmative vote of (Check one) ☐ all of the Members ☐ a majority-in-interest of the Members.

Appears in 1 contract

Sources: LLC Operating Agreement