Common use of Supermajority Consent Required Clause in Contracts

Supermajority Consent Required. The Board of Managers shall not do any of the following without, in each instance, obtaining the consent of the Members holding 75% of the Units:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Rio Vista Energy Partners Lp), Limited Liability Company Agreement (Rio Vista Energy Partners Lp), Limited Liability Company Agreement (Rio Vista Energy Partners Lp)

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Supermajority Consent Required. The Board of Managers shall -------------------------------- not do any of the following without, in each instance, obtaining the consent of the Members holding 75% of the Units:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Penn Octane Corp)

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