Voting of Units. A Unit is entitled to be voted only if it is owned by a Member and each such Unit shall be entitled to one vote. Neither an assignee nor a transferee may vote a Unit unless such assignee or transferee is a Member.
Voting of Units. Unless otherwise provided in the Articles of Organization or this Agreement, each outstanding Unit entitled to vote shall be entitled to one vote, and each fractional share shall be entitled to a corresponding fractional vote, upon each matter submitted to a vote at a meeting of Members.
Voting of Units. Each outstanding Unit shall be entitled to one vote on any matter. Voting on all matters shall be by voice vote or by a show of hands, unless the holders of one-tenth of the Units represented at the meeting shall, prior to the voting on any matter, demand a ballot vote on that particular matter. Except as expressly provided otherwise in this Agreement, any matter that requires the vote, consent, ratification, or approval of the Partners shall require the affirmative vote, consent, ratification or approval of the General Partner and a majority in Interest of the Limited Partners. On all matters in which the Partner is entitled to participate, including without limitation waiving notice of any meeting, voting or participating at a meeting or communicating to the Partnership, any Partner that is not a natural person shall act by and through its appropriate officers, general partners, General Partner, trustees or other management authority.
Voting of Units. Except as otherwise required by applicable law or as set forth herein or in the Members' Agreement, the holders of the Common Units and the holders of the Preferred Units shall vote together as a single class on all matters to be voted on by the Members. Except as otherwise set forth herein, each Unit shall entitle the holder thereof to one vote.
Voting of Units. 3.1 Hereafter until the Expiration Time, in any action by written consent of the members of SNR requested by SNR’s board of managers or otherwise undertaken to seek the written consent of the holders of the Seller Units to adopt the Merger Agreement, approve the Transactions, including the Mergers and the Pre-Closing Reorganization, or in any other circumstances upon which a consent or other approval with respect to the Merger Agreement, the Transactions, the Mergers, the Pre-Closing Reorganization or the other transactions contemplated by the Merger Agreement is sought, each Seller Unitholder shall vote, consent or approve (or cause to be voted, consented or approved) all Seller Units currently or hereinafter owned by such Seller Unitholders in favor of the foregoing.
3.2 Hereafter until the Expiration Time, in any action by written consent of the members of SNR requested by SNR’s board of managers or otherwise undertaken to seek the written consent of the holders of the Seller Units, each Seller Unitholder shall vote, consent or approve (or cause to be voted, consented or approved) all Seller Units, currently or hereinafter owned by such Seller Unitholder against and withhold consent with respect to any merger, purchase of all or substantially all of SNR’s assets or other business combination transaction (other than the Merger Agreement, the Transactions and the other transactions contemplated thereby, including the Mergers and the Pre-Closing Reorganization). No Seller Unitholder shall commit or agree to take any action inconsistent with the foregoing that would be effective prior to the Expiration Time.
Voting of Units. 9 3.3 PREFERRED DISTRIBUTIONS, LIQUIDATION PREFERENCE..................................... 9 3.4 EVENTS OF NON-COMPLIANCE............................................................ 10 3.5
Voting of Units. Each Member holding Common Units (collectively, the “Voting Units") shall be entitled to one (1) vote for each such Common Unit held by such Member on all matters set forth herein on which Members holding Units are entitled to vote. All Units shall vote together as a single class on all matters on which such Units are entitled to vote hereunder. All other Units other than the Voting Units shall be non-voting Units (including Profits Units).
Voting of Units. In any vote on a proposed amendment to the Operating Agreement other than an amendment proposed in connection with the events identified in Sections 5.1, 5.2 or 5.3, the Principal Members shall vote all Units of the Company owned by them, or as to which they have voting power, against any amendment that would:
(a) Cause any Principal Member to be removed from, or otherwise no longer serve on, the Board of Managers at a time when such Principal Member, together with his Related Members who vote their Class F Units for the election of such Principal Member as a Manager, continues to hold 2,200 or more Class F Units.
(b) Cause any Principal Member to be removed from, or otherwise no longer serve on, the Executive Committee at a time when such Principal Member, together with his Related Members, continues to hold 2,200 or more Common Units. The number of Units required to be held by a Principal Member and his Related Members pursuant to (a) or (b) above shall be proportionately adjusted for any increase or decrease in the number of issued and outstanding Class F Units or Common Units, as applicable, resulting from a subdivision or combination of such Units or any other increase or decrease in the number of such Units outstanding without the receipt of consideration by the Company.
Voting of Units. Hereafter until the Expiration Time, each Company Shareholder hereby unconditionally and irrevocably agrees that, at any meeting of the shareholders of the Company (or any adjournment or postponement thereof), and in any action by written consent of the shareholders of the Company requested by the Company Board or otherwise undertaken as contemplated by the Transactions (which written consent shall be delivered promptly, and in any event within twenty four (24) hours, after the Company requests such delivery), such Company Shareholder shall, if a meeting is held, appear at the meeting, in person or by proxy, or otherwise cause its Subject Shares to be counted as present thereat for purposes of establishing a quorum, and such Company Shareholder shall vote or provide consent (or cause to be voted or consented), in person or by proxy, all of its Subject Shares (a) (i) to approve and adopt the Merger Agreement and the Transactions and (ii) in any other circumstances upon which a consent or other approval with respect to the Merger Agreement or the Transactions is sought, to vote, consent or approve (or cause to be voted, consented or approved) all of such Company Shareholder’s Subject Shares held at such time in favor of the foregoing and (b) against and withhold consent with respect to any merger, purchase of all or substantially all of the Company’s assets or other business combination transaction (other than the Merger Agreement and the Transactions), and any other proposal that is intended, or would reasonably be expected, to prevent, impede, interfere with, delay, postpone or adversely affect the Transactions in any material respect or would reasonably be expected to result in any of the Company’s closing conditions or obligations under the Merger Agreement not being satisfied; provided, however, such Company Shareholder shall not vote or provide consent with respect to any of its Subject Shares that are not held by the Company’s directors, officers, affiliates or greater than 5% shareholders of the Company, or take any other action, in each case to the extent any such vote, consent or other action would preclude the Company from filing with the SEC a registration statement on Form S-4 as contemplated by the Merger Agreement. No Company Shareholder shall commit or agree to take any action inconsistent with the foregoing that would be effective prior to the Expiration Time.
Voting of Units. 5.11.1. During Xx. Xxxxx’x life, each Member shall be entitled to one vote for each Unit held by it upon any matter submitted to a vote at a meeting of the Members.
