Common use of Request for Vote Clause in Contracts

Request for Vote. In the event there is more than one Member, any Member holding in the aggregate a Company Interest which equals or exceeds five percent (5%) may call a meeting of the Members for a vote, or may call for a vote without a meeting. In either event, such Member shall establish a date for the meeting on which votes shall be counted and shall mail by first class mail a notice to all Members of the time and place of the Company meeting, if called, and the general nature of the business to be transacted, or if no such meeting has been called, of the matter or matters to be voted and the date which the votes will be counted.

Appears in 11 contracts

Samples: Operating Agreement (Ten Broeck Tampa, LLC), Operating Agreement (Ten Broeck Tampa, LLC), Operating Agreement (Ten Broeck Tampa, LLC)

AutoNDA by SimpleDocs

Request for Vote. In the event there is more than one Member, any Any Member holding in the aggregate a Company Interest which equals or exceeds five percent (5%) may call a meeting of the Members for a vote, or may call for a vote without a meeting. In either event, such Member shall establish a date for the meeting on which votes shall be counted and shall mail by first class mail a notice to all Members of the time and place of the Company meeting, if called, and the general nature of the business to be transacted, or if no such meeting has been called, of the matter or matters to be voted and the date which the votes will be counted.

Appears in 1 contract

Samples: Operating Agreement (Valley Telephone Co., LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.