Common use of Quorum of Members Clause in Contracts

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. Unless otherwise provided by applicable law, the Articles, Certificate of Formation or this Agreement, the presence of 75% a majority of the Members based on Class A Units a per capita basis 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 subsequent withdrawal 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.