Participation by Electronic Means by Board of Managers. Any Manager may participate in a meeting of the Board of Managers or any committee thereof in person or by means of conference telephone or similar communications equipment by which all persons participating in the meeting can hear and speak to each other at the same time. Except for purposes of the Investment Company Act, such participation shall constitute presence in person at the meeting.
Appears in 16 contracts
Samples: Limited Liability Company Agreement (NB Crossroads Private Markets Access Fund LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV (TE) - Client LLC)
Participation by Electronic Means by Board of Managers. Any Manager may participate in a meeting of the Board of Managers or any committee commit tee thereof in person or by means of conference telephone or similar communications equipment by which all persons participating in the meeting can hear and speak to each other at the same time. Except for purposes of the Investment Company Act, such participation shall constitute presence in person at the meeting.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Excelsior Venture Partners Iii LLC)
