Common use of Voting Rights of Interests Generally Clause in Contracts

Voting Rights of Interests Generally. Unless otherwise provided in this Agreement or any Series Designation, (i) each Record Holder of Interests shall be entitled to one vote per Interest for all matters submitted for the consent or approval of Members generally, (ii) all Record Holders of Interests (regardless of Series) shall vote together as a single class on all matters as to which all Record Holders of Interests are entitled to vote, (iii) Record Holders of Interests of a particular Series shall be entitled to one vote per Interest for all matters submitted for the consent or approval of the Members of such Series and (iv) the Managing Member or any of its Affiliates shall not be entitled to vote in connection with any Interests they hold pursuant to Section 3.1(h) and no such Interests shall be deemed Outstanding for purposes of any such vote. For the avoidance of doubt, the Managing Member shall have full power and authority over the Company and each Series as provided in ARTICLE V and, except as expressly provided by this Agreement or applicable law, the Managing Member shall have no obligation to submit any matter for the consent or approval of Members.

Voting Rights of Interests Generally. Unless otherwise provided in this Agreement or any Series Designation, (i) each Record Holder of Interests shall be entitled to one vote per Interest for all matters submitted for the consent or approval of Members generally, (ii) all Record Holders of Interests (regardless of Series) shall vote together as a single class on all matters as to which all Record Holders of Interests are entitled to vote, (iii) Record Holders of Interests of a particular Series of Interest shall be entitled to one vote per Interest for all matters submitted for the consent or approval of the Members of such Series (iv) Vote Limited Record Holders shall be limited to their Vote Limit for all matters submitted for the consent and approval of (x) either Members generally or (y) Record Holders of a Series Interest and (ivv) the Managing Member or any of its Affiliates shall not be entitled to vote in connection with any Interests they hold pursuant to Section 3.1(h) and no such Interests shall be deemed Outstanding for purposes of any such vote. For the avoidance of doubt, the Managing Member shall have full power and authority over the Company and each Series as provided in ARTICLE V and, except as expressly provided by this Agreement or applicable law, the Managing Member shall have no obligation to submit any matter for the consent or approval of Members.

Voting Rights of Interests Generally. Unless otherwise provided in this Agreement or any Series Designation, (i) each Record Holder of Interests shall be entitled to one vote per Interest for all matters submitted for the consent or approval of Members generally, (ii) all Record Holders of Interests (regardless of Series) shall vote together as a single class on all matters as to which all Record Holders of Interests are entitled to vote, (iii) Record Holders of Interests of a particular Series of Interest shall be entitled to one vote per Interest for all matters submitted for the consent or approval of the Members of such Series and (iv) Vote Limited Record Holders shall be limited to their Vote Limit for all matters submitted for the consent and approval of (x) either Members generally or (y) Record Holders of a Series Interest and (v) the Managing Member or any of its Affiliates shall not be entitled to vote in connection with any Interests they hold pursuant to Section 3.1(h) and no such Interests shall be deemed Outstanding for purposes of any such vote. For the avoidance of doubt, the Managing Member shall have full power and authority over the Company and each Series as provided in ARTICLE V and, except as expressly provided by this Agreement or applicable law, the Managing Member shall have no obligation to submit any matter for the consent or approval of Members.