Common use of Required Board Actions Clause in Contracts

Required Board Actions. (a) Prior to a Qualifying Public Offering and for so long as GE’s Percentage Interest is at least 10% (calculated in accordance with Section 4.10(d)), the Company shall take no action (including any action by the Board or any committee of the Board) after the date hereof with respect to any of the following matters without the affirmative approval of a majority of the Whole Board:

Appears in 4 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Comcast Corp), Limited Liability Company Agreement (General Electric Co)

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