Examples of Voting Members in a sentence
The Members holding (Check one) ☐ 100% ☐ at least 75% ☐ at least 67% ☐ more than 50% of the Voting Capital in the Company represented in person, by telephonic participation, or by proxy, shall constitute a quorum at any meeting of the Voting Members.
The Voting Members may act only (Check one) ☐ collectively and unanimously ☐ with majority- in-interest ☐ with a 2/3-majority-in-interest.
The Members shall distribute funds annually or, if determined as necessary by the Voting Members, at more frequent intervals.
The Voting Members shall vote upon all matters upon which the Members have the right to in proportion to their PVI.
The Company will use commercially reasonable efforts to cause each lender that has received a guaranty to release any guarantor following such Member's Termination Date (unless such Member was terminated by the Company with Cause), including, without limitation, by making a formal request in writing to said lender to have said guarantor released and offering the addition of one or more of the other Voting Members (to be determined by Super Majority Vote) as a guarantor.