Common use of Xxxxxx of Acting Clause in Contracts

Xxxxxx of Acting. If a quorum is present, the affirmative vote of Members holding a Majority Interest shall be the act of the Members, unless the vote of a greater or lesser proportion or number is otherwise required by the Act, by the Articles of Organization, or by this Agreement. Unless otherwise expressly provided herein or required underapplicable law, Members who have an interest (economic or otherwise) in the outcome of any particular matter upon which the Members vote or consent may vote or consent upon any such matter and their Ownership Percentages, vote or consent, as the case may be, shall be counted in the determination of whether the requisite matter was approved by the Members.