Quorum; Voting Requirement. (a) The presence, in person or by proxy, of the Class A Member will constitute a quorum for the transaction of business by the Members.
Appears in 5 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Memorial Production Partners LP), Limited Liability Company Agreement (Memorial Production Partners LP)
Quorum; Voting Requirement. (a) The presence, in person or by proxy, of Members holding a majority of the Class A Member then outstanding Membership Interests will constitute a quorum for the transaction of business by the Members.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (New Source Energy Partners L.P.), Limited Liability Company Agreement (New Source Energy Partners L.P.)
Quorum; Voting Requirement. (a) The presence, in person or by proxy, of all of the Class A Member will Members shall constitute a quorum for the transaction of business by the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lone Star Technologies Inc)