Quorum; Required Vote for Member Action; Voting for Directors. (a) At any meeting of the Members, the holders of a majority of the Outstanding Voting Shares of the class or classes or series for which a meeting has been called represented in person or by proxy shall constitute a quorum of such class or classes or series unless any such action by the Members requires approval by holders of a greater percentage of Outstanding Voting Shares, in which case the quorum shall be such greater percentage. The submission of matters to Members for approval and the election of Directors shall occur only at a meeting of the Members duly called and held in accordance with this Agreement at which a quorum is present; provided, however, that the Members present at a duly called or held meeting at which a quorum is present may continue to transact business until adjournment, notwithstanding the withdrawal of enough Members to leave less than a quorum, if any action taken (other than adjournment) is approved by the required percentage of Outstanding Voting Shares specified in this Agreement. Any meeting of Members may be adjourned from time to time by the chairman of the meeting to another place or time, without regard to the presence of a quorum.
Quorum; Required Vote for Member Action; Voting for Directors. (a) The Members holding a majority of the voting power of the Outstanding Units of the class or classes or series for which a meeting has been called represented in person or by proxy shall constitute a quorum at a meeting of the Members of such class or classes or series unless any such action by the Members requires approval by Members holding a greater percentage of the voting power of such Units, in which case the quorum shall be such greater percentage. For the avoidance of doubt, the Class A Units and Class B Units shall not constitute separate classes for this purpose.
Quorum; Required Vote for Member Action; Voting for Directors. 66 Section 11.9 Conduct of a Meeting; Member Lists 67 Section 11.10 Action Without a Meeting 67 Section 11.11 Voting and Other Rights 67 Section 11.12 Proxies and Voting 68 Section 11.13 Notice of Member Business and Nominations 68
Quorum; Required Vote for Member Action; Voting for Directors. (a) At any meeting of the Members, the holders of a majority of the Outstanding Voting Shares entitled to vote at the meeting, represented in person or by proxy, shall constitute a quorum for such meeting, notwithstanding any provision of this Agreement to the contrary; provided, however, that where a separate vote by a class or series or classes or series is required, a majority of the voting power of the class or classes or series entitled to vote on such matter, represented in person or by proxy, shall constitute a quorum of such class or classes or series with respect to such matter. The submission of matters to Members for approval and the election of Directors shall occur only at a meeting of the Members duly called and held in accordance with this Agreement at which a quorum is present; provided, however, that the Members present at a duly called or held meeting at which a quorum is present may continue to transact business until adjournment, notwithstanding the withdrawal of enough Members to leave less than a quorum, if any action taken (other than adjournment) is approved by the required percentage of Outstanding Voting Shares specified in this Agreement. Any meeting of Members may be adjourned or recessed from time to time for any reason by the chairman of the meeting to another place or time, without regard to the presence of a quorum.
Quorum; Required Vote for Member Action; Voting for Directors. 69 Section 11.9 Conduct of a Meeting; Member Lists 70 Section 11.10 Action Without a Meeting 70 Section 11.11 Voting and Other Rights 70 Section 11.12 Proxies and Voting 71 Section 11.13 Notice of Member Business and Nominations 71 ARTICLE XII MERGER, CONSOLIDATION OR CONVERSION Section 12.1 Authority 74 Section 12.2 Procedure for Merger, Consolidation or Conversion 74 Section 12.3 Approval by Members of Merger, Consolidation or Conversion 76 Section 12.4 Certificate of Merger; Certificate of Conversion 77 Section 12.5 Effect of Merger or Conversion 78 Section 12.6 Business Combination Limitations 79 ARTICLE XIII RIGHT TO ACQUIRE MEMBER INTERESTS Section 13.1 Right to Acquire Member Interests 79 ARTICLE XIV SERIES A CUMULATIVE REDEEMABLE PERPETUAL PREFERRED UNITS Section 14.1 Designation 81 Section 14.2 Xxxxx 00 Xxxxxxx 00.0 Distributions 81 Section 14.4 Change of Control 83 Section 14.5 Voting Rights 84 Section 14.6 Optional Redemption 85 Section 14.7 No Sinking Fund 87 Section 14.8 Record Holders 87 Section 14.9 Notices 87 Section 14.10 Other Rights 87 ARTICLE XV
