Common use of Voting; Action by Members Clause in Contracts

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the meeting and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 17 contracts

Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement

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Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the meeting and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the DirectorsGovernors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 13 contracts

Samples: Operating Agreement (Highwater Ethanol LLC), Operating Agreement, Member Control Agreement

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the meeting and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directorsballot) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 9 contracts

Samples: Operating Agreement (Advanced BioEnergy, LLC), Operating Agreement, Operating Agreement (Advanced BioEnergy, LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at a meeting of the meeting Members (in person, by proxy, or by mail ballot) and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 6 contracts

Samples: Operating Agreement, Operating Agreement (E Energy Adams LLC), Operating Agreement (First United Ethanol LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the Members’ meeting (in person, by proxy, or by mail ballot) and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 6 contracts

Samples: Operating Agreement (Iowa Renewable Energy, LLC), Operating Agreement (Iowa Renewable Energy, LLC), Operating Agreement (Western Dubuque Biodiesel, LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the meeting and entitled to vote on the matter (including units Units represented in person, by proxy or by mail ballot when authorized by the DirectorsBoard) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this AgreementAgreement or the Act.

Appears in 5 contracts

Samples: Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at constituting the meeting and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directors) quorum shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 4 contracts

Samples: Operating Agreement (Lincolnway Energy, LLC), Operating Agreement (Northwest Iowa Renewable Energy LLC), Operating Agreement (Soy Energy, LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of Members holding a majority of the Membership Voting Interests Units represented at the Members’ meeting (in person, by proxy, or by mail ballot) and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers number is otherwise required by this AgreementAgreement or the Act.

Appears in 4 contracts

Samples: Operating Agreement (Granite Falls Energy, LLC), Operating Agreement (Granite Falls Energy, LLC), Operating Agreement

Voting; Action by Members. If a quorum is presentpresent at a meeting of the Members, the affirmative vote of a majority of the Membership Voting Interests represented at said meeting of the meeting and entitled to vote on the matter Members (including units represented in person, by proxy proxy, or by mail ballot when authorized by the Directorsballot) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers number is otherwise required by this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Golden Grain Energy), Operating Agreement (Golden Grain Energy)

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the meeting and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Prairie Creek Ethanol LLC), Operating Agreement (Prairie Creek Ethanol LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the Members’ meeting and entitled to vote on the matter (including units represented in person, by proxy proxy, or by mail ballot when authorized by the Directorsballot) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Western Iowa Energy, L.L.C.), Operating Agreement

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the meeting and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directorsballot) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.. 6.11

Appears in 2 contracts

Samples: Operating Agreement (Cardinal Ethanol LLC), Operating Agreement (Cardinal Ethanol LLC)

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Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at a meeting of the meeting and entitled to vote on the matter Members (including units represented in person, by proxy proxy, or by mail ballot when authorized by the Directorsballot) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 2 contracts

Samples: Operating Agreement (Little Sioux Corn Processors LLC), Operating Agreement (United Wisconsin Grain Producers LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at a meeting of the meeting and entitled to vote on the matter Members (including units represented in person, by proxy or by mail ballot when authorized by ballot) and entitled to vote on the Directors) matter shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Victory Renewable Fuels LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of (a) a majority of the Membership Voting Interests represented at the meeting and entitled to vote on the matter (including units Units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 1 contract

Samples: Operating Agreement (One Earth Energy LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of (a) a majority of the Membership Voting Interests held by Class A Members, and (b) a majority of the Membership Voting Interests held by Class B Members, represented at the meeting and entitled to vote on the matter (including units Units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 1 contract

Samples: Operating Agreement (One Earth Energy LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests represented at the meeting and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the DirectorsManagers) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Buffalo Ridge Energy, LLC)

Voting; Action by Members. If a quorum is present, the affirmative vote of the Members holding a majority of the Membership Voting Interests represented at the Members’ meeting (in person, by proxy, or by mail ballot) and entitled to vote on the matter (including units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 1 contract

Samples: Operating Agreement

Voting; Action by Members. If a quorum is present, the affirmative vote of a majority of the Membership Voting Interests Interests, represented at the meeting and entitled to vote on the matter (including units Units represented in person, by proxy or by mail ballot when authorized by the Directors) shall constitute the act of the Members, unless the vote of a greater or lesser proportion or numbers is otherwise required by this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Akron Riverview Corn Processors, LLC)

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