Remote Participation. Members of the Board of Managers may participate in meetings of the Board of Managers by means of telephone conference or similar communications equipment that allows all persons participating in the meeting to hear each other, and such participation in a meeting shall constitute presence in person at the meeting. If all the participants are participating by telephone conference or similar communications equipment, the meeting shall be deemed to be held at the principal place of business of the Company.
Appears in 6 contracts
Samples: Limited Liability Company Operating Agreement (Capital Southwest Corp), Limited Liability Company Operating Agreement, Limited Liability Company Agreement (KCAP Financial, Inc.)
Remote Participation. Members The Board of Managers or members of any committee designated by the Board of Managers may participate in meetings any meeting of the Board of Managers or such committee by means of a telephone conference or similar communications equipment that allows if all persons participating in the meeting to hear can communicate with each other, other at the same time and participation by such participation in a meeting means shall constitute presence in person at the a meeting. If all the participants are participating by telephone conference or similar communications equipment, the meeting shall be deemed to be held at the principal place of business of the Company.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement (Rhythm Holding Company, LLC), Operating Agreement (Rhythm Holding Company, LLC)
Remote Participation. Members of the Board of Managers may participate in Board meetings of the Board of Managers by means of conference telephone conference or similar other communications equipment that allows by which all persons participating in the meeting to Managers may hear each other, other and such participation in a meeting shall constitute presence in person at the meeting. If all the participants are participating by telephone conference or similar communications equipment, the meeting shall be deemed to be held at the principal place of business of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.)
Remote Participation. Members One or more Managers may participate in a meeting of the Board of Managers may participate in meetings or a committee of the Board of Managers by means of conference telephone conference or similar communications equipment that allows other electronic technology by means of which all persons Persons participating in the meeting to can hear each other, and such participation . Participation in a meeting pursuant to this subsection shall constitute presence in person at the meeting. If all the participants are participating by telephone conference or similar communications equipment, the meeting shall be deemed to be held at the principal place of business of the Company.
Appears in 1 contract
Samples: Operating Agreement
