Quorum of Members. Ten percent of the first 100 Class A Members present in person or by written ballot at the meeting and five percent of additional Class A Members represented in person or by written ballot, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.
Quorum of Members. At any meeting of the Members a quorum as to any matter shall consist of a majority of the votes entitled to be cast on the matter, except where a larger quorum is required by law or by this Agreement. Any meeting may be adjourned from time to time by a majority of the votes properly cast upon the question, whether or not a quorum is present. If a quorum is present at an original meeting, a quorum need not be present at an adjourned session of that meeting.
Quorum of Members. Unless otherwise provided by applicable law, the Articles, or this Agreement, the presence of 75% of the Members based on Class A Units and represented in person or by proxy, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting may continue to transact business until adjournment, and the departure of any Member from the meeting prior to adjournment of the meeting or the refusal of any Member to vote shall not affect the presence of a quorum at the meeting.
Quorum of Members. Ten percent of the Class A Members, Class B Members representing 10% of the outstanding Class B Capital Units, and Class C Members representing 10% of the outstanding Class C Capital Units, represented in person, by proxy, or by written ballot, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.
Quorum of Members. A quorum for the transaction of business at any meeting shall consist of not less than forty (40) Members present in person. Proxy votes can only be used on votes regarding financial decisions over $10,000. One proxy per share.
Quorum of Members. Except as otherwise required by the Act or by this Agreement, Members holding at least a majority of the total Percentage Interests held by all Members, present in person or by proxy, shall constitute a quorum at each meeting of Members. The Members present at a meeting of Members at which a quorum is not present may adjourn the meeting until such time and place as may be determined by vote of the Members holding a majority of the Percentage Interests present. At any such adjourned meeting at which a quorum shall be present and acting throughout, any business may be transacted that might have been transacted at the meeting as, originally convened.
Quorum of Members. Unless otherwise provided in the Articles, the holders of a majority of the Membership Interests entitled to vote, represented in person or by proxy, shall constitute a quorum at a meeting of Members, but in no event shall a quorum consist of the holders of less than one-third (1/3) of the Membership Interest entitled to vote for each voting class, if more than one class, and thus represented at such meeting. The vote of the holders of a majority of the Membership Interests entitled to vote for each class, if more than one class, shall be the act of the Members' meeting, unless the vote of a greater number is required by law, the Articles or this Operating Agreement.
Quorum of Members. Voting of Capital Units by Company.
Quorum of Members. Before completion of the Offering, a majority of the Class D Members shall constitute a quorum of a meeting of the Members. Ten percent of the Class A Members, Class B Members representing 10% of the outstanding Class B Capital Units (if no Class B Units are sold in the offering, then a quorum shall consist of 10% of the outstanding class A Capital Units and 10% of the outstanding Class C Capital Units), and Class C Members representing 10% of the outstanding Class C Capital Units, represented in person, by proxy, or by written ballot, shall constitute a quorum at a meeting of the Members held following the completion of the Offering. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.
Quorum of Members. Except as otherwise required by the Act, Class B Members holding at least a majority of the total Voting Interests of all Class B Members, present in person, shall constitute a quorum at each meeting of Members. The Class B Members present at a meeting of Members at which a quorum is not present may adjourn the meeting until such time and place as may be determined by vote of the Class B Members holding a majority of the Voting Interests present. At any such adjourned meeting at which a quorum shall be present and acting throughout, any business may be transacted that might have been transacted at the meeting as originally convened.
