Common use of Voting by a Member Clause in Contracts

Voting by a Member. Members who own Investor Units shall be entitled to cast one vote for each Investor Unit they own. Except as otherwise specifically provided in this Agreement or any mandatory provision of the Act, Members who own Investor Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (T Reit Inc), Operating Agreement (NNN 2003 Value Fund LLC)

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Voting by a Member. Members who own Investor Units shall be entitled to cast one vote for each Investor Unit they own. Except as otherwise specifically provided in this Agreement or any mandatory provision of the ActAgreement, Members who own Investor Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:

Appears in 2 contracts

Samples: Operating Agreement (NNN 2002 Value Fund LLC), Operating Agreement (NNN 2002 Value Fund LLC)

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Voting by a Member. Members who own Investor Units shall be entitled to ------------------ cast one vote for each Investor Unit they own. Except as otherwise specifically provided in this Agreement or any mandatory provision of the ActAgreement, Members who own Investor Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:

Appears in 1 contract

Samples: Operating Agreement (T Reit Inc)

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