Majority Approval. Whenever any matter is required or allowed to be approved by the Members under the Act or this Agreement, except as otherwise provided herein, such matter shall be considered approved or consented to upon the receipt of the affirmative approval or consent, either in writing or at a meeting of the Members, of a Majority in Interest of the Members. Assignees shall not be entitled to vote on any matter relating to the Company unless and until admitted as a Member.
Appears in 3 contracts
Sources: Operating Agreement (Success Acquisition Corp), Operating Agreement (Success Acquisition Corp), Operating Agreement (Success Acquisition Corp)