Voting on Matters Sample Clauses

Voting on Matters. For purposes of voting on matters (other than a matter for which the affirmative vote of a specified portion of the Members is required by the Act or this Agreement) at any meeting of the Members at which a quorum is present, the affirmative vote of Members holding a majority of the outstanding Shares held by all Members (determined on an as-converted basis in accordance with Section 6.02 with the Common Shares, Series A Preferred Shares, Series A Prime Preferred Shares and Series B Preferred Shares treated as a single class) represented at such meeting shall constitute the act of the Members. For any vote taken by written consent in lieu of a meeting (other than with respect to a matter for which the affirmative vote of a specified portion of the Members is required by the Act or this Agreement), as permitted by Section 6.01(i) below, the affirmative written consent of the Members holding a majority of the outstanding Shares held by all Members (determined on an as-converted basis in accordance with Section 6.02 with the Common Shares, Series A Preferred Shares, Series A Prime Preferred Shares and Series B Preferred Shares treated as a single class) shall constitute the act of the Members.
AutoNDA by SimpleDocs
Voting on Matters. At any meeting of the Members at which a quorum is present, the vote of all of the Members shall be the act of the Members.
Voting on Matters. Each Class A Member will be entitled to vote at any meeting of the Class A Members in person or by proxy. Each Class A Member shall be entitled to vote its percentage interest in the Company in accordance with its Sharing Ratio as set forth in Exhibit A. For purposes of voting on matters, at any meeting of the Class A Members at which a quorum is present, the act of the Class A Members will be the affirmative vote of 80% of the Class A Membership Interests represented in person, by telephone or by proxy at such meeting.
Voting on Matters. Section 6.5. List of Members Entitled to Vote...........................................
Voting on Matters. For purposes of voting on matters 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 Certificate of Formation or this Agreement, at any meeting of the Members at which a quorum is present, the act of the Members shall be the affirmative vote of the holders of a Majority of the Sharing Ratios owned by the Members present or represented at such meeting.
Voting on Matters. For purposes of voting on matters at any meeting of the Members at which a quorum is present, the act of the Members shall be the affirmative vote of the Member or Members holding a majority of the Membership Interest represented in person, by telephone or by proxy at such meeting.
Voting on Matters. Except as otherwise provided herein, for purposes of voting on matters, at any meeting of the Preferred Members at which a quorum is present, the act of the Preferred Members shall be the affirmative vote of the Preferred Member or Preferred Members holding Preferred Membership Interests of more than 50% of the aggregate stated liquidation preference of all of the Preferred Membership Interests then outstanding represented in person, by telephone or by proxy at such meeting.
AutoNDA by SimpleDocs
Voting on Matters. The vote of the Members holding, in the aggregate, a majority of the Sharing Ratios will be the act of the Members, unless otherwise expressly stated in this Agreement or the vote of a greater number is required by Law.
Voting on Matters. For purposes of voting on matters (other than a matter for which the affirmative vote of a specified portion of the Members or a Class of Members is required by the Act or this Agreement, in which case the act of the Members shall be such specified portion of the Members or Class of Members) at any meeting of the Members at which a quorum is present, the act of the Members shall be the affirmative vote of Members holding a majority of the Units (on an as converted basis with the Common Units and Preferred Units treated as a single Class) represented at such meeting (unless the Act requires a greater percentage to approve such matters, in which case the Act shall govern and control). For any vote taken by written consent in lieu of a meeting (other than with respect to a matter for which the affirmative vote of a specified portion of the Members or a Class of Members is required by the Act or this Agreement, in which case the act of the Members shall be such specified portion of the Members or Class of Members), the act of the Members shall be the affirmative written consent of Majority in Interest of the Members (unless the Act requires a greater percentage to approve such matters, in which case the Act shall govern and control).
Voting on Matters. With respect to any matter for which the affirmative vote of Partners owning a specified portion of the Interests is required by the Act or this Agreement, the affirmative vote of the Partners owning such specified portion at a meeting at which a quorum is present shall be the act of the Partners.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!