Voting Rights of Members. Each Member shall be entitled to vote based on Units held. If all or a portion of a Membership Interest is transferred to an assignee who does not become a Member, the Member from whom the Membership Interest is transferred shall no longer be entitled to vote the Units transferred nor shall the Units transferred be considered outstanding for any purpose pertaining to meetings or voting. No withdrawn Member shall be entitled to vote nor shall such Member’s Units be considered outstanding for any purpose pertaining to meetings or voting.
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Samples: Operating Agreement, Operating Agreement (155 East Tropicana, LLC), Operating Agreement (Tercentenary Holdings, Corp.)
Voting Rights of Members. Each Member shall be entitled to vote based on Units heldits Percentage Interest. If all or a portion of a Membership Interest Shares is transferred to an assignee who does not become a Member, the Member from whom the Membership Interest is Shares are transferred shall no longer be entitled to vote the Units Shares transferred nor shall the Units transferred Shares be considered outstanding for any purpose pertaining to meetings or voting. No withdrawn Member shall be entitled to vote nor shall such Member’s Units 's Shares be considered outstanding for any purpose pertaining to meetings or voting.
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Voting Rights of Members. Each Member shall be entitled to vote based on any Voting Units heldheld by the Member. If all or a portion of a Membership Interest which includes Voting Units is transferred to an assignee who does not become a Member, the Member from whom the Membership Interest is transferred shall no longer be entitled to vote the Voting Units transferred transferred, nor shall the Voting Units transferred be considered outstanding for any purpose pertaining to meetings or voting. No withdrawn Member shall be entitled to vote vote, nor shall such Member’s 's Units be considered outstanding for any purpose pertaining to meetings or voting.
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