Common use of Voting by Members Clause in Contracts

Voting by Members. With respect to any matter other than a matter for which the affirmative vote of the holders of a specified portion of the Membership Interests entitled to vote is required by the Act, the affirmative vote of the holders of a Majority in Membership Interests entitled to vote represented in person or by proxy at a meeting of Members at which a quorum is present shall be the act of the Members, unless otherwise provided in the Certificate or this Agreement.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (Forbes Energy International, LLC), Limited Liability Company Agreement (Energy Services Puerto Rico LLC), Limited Liability Company Agreement (Forbes Energy Services LLC)

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