Common use of Required Interest Clause in Contracts

Required Interest. Required Interest means the vote or consent of greater than fifty percent (>50%) of the Class B Units, Class A Units or Managers, as applicable.

Appears in 3 contracts

Samples: Operating Agreement (Central Park Fund 1, LLC), Operating Agreement (Central Park Fund I, LLC), Operating Agreement (Aurora Fund I, LLC)

AutoNDA by SimpleDocs

Required Interest. Required Interest means the vote or consent of greater than fifty percent (>50%) of the Class B Units, Class A Units or Managers, as applicable.

Appears in 2 contracts

Samples: Operating Agreement (ADPI Fund I, LLC), Operating Agreement (ADPI Fund I, LLC)

Required Interest. Required Interest means the vote or consent of greater than fifty percent (>50%) of the Class B C Units, Class A Units or Managers, as applicable.

Appears in 1 contract

Samples: Operating Agreement (ADPI Fund I, LLC)

Required Interest. Required Interest means the vote or consent of greater than fifty percent (>50%) of the Class B Units, Class A Units or Managers, as applicableMembership Interests entitled to vote.

Appears in 1 contract

Samples: Operating Agreement

AutoNDA by SimpleDocs

Required Interest. Required Interest means the vote or consent of greater than fifty percent (>50%) of the Class B Units, Class A Units or Managers, as applicableentitled to vote.

Appears in 1 contract

Samples: Operating Agreement (Strata Capital Real Estate Opportunity Fund I LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!