Written Consents. Whenever Members are required or permitted to take any action by vote or at a meeting, that action may be taken without a meeting, without prior notice and without a vote, if a written consent setting forth the action so taken is signed by the Members whose Voting Interest Percentages aggregate at least the minimum level that would be necessary to authorize or take the action by vote or at a meeting. Notice of any action so taken by written consent will be given to the Members who have not so consented, in the manner prescribed in Article 14, promptly after the taking of the action.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Operating Agreement (Rex Energy Corp), Operating Agreement (Rex Energy Corp)
Written Consents. Whenever Members are Action required or permitted to take any action by vote or be taken at a meeting, that action meeting of Members may be taken without a meeting, without prior notice and without a vote, meeting if a written consent setting forth the action so is evidenced by one or more written consents describing the action taken is and signed by the Members whose Voting Interest Percentages aggregate at least having not less than the minimum level number of votes that would be necessary to authorize or take the such action by vote or at a meeting. Notice of any action so taken by written consent will be given to the Members who have not so consented, in the manner prescribed in Article 14, promptly after the taking of the action.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Terra Networks Sa), Limited Liability Company Agreement (Terra Networks Sa)
Written Consents. Whenever Members are required or permitted to take any action by vote or at a meeting, that such action may be taken without a meeting, without prior notice and without a vote, if a written consent setting forth the action so taken is signed by the Members whose Voting Interest Percentages aggregate at least the minimum level that would be necessary to authorize or take the such action by vote or at a meeting. Notice of any action so taken by written consent will shall be given by the Managing Member to the all Members who have not so consented, in the manner prescribed in Article 1413, promptly after the taking of the such action.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Baseline Oil & Gas Corp.)
