Common use of Majority Required Clause in Contracts

Majority Required. Except as otherwise provided and delegated to the Officers or Managers, a majority of the Members, based upon their percentage ownership, is required for any action.

Appears in 27 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Majority Required. Except as otherwise provided and delegated to the Officers or Managersrequired, a majority of the Members, based upon their percentage ownership, is required for any action.

Appears in 16 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Majority Required. Except The majority of the Members, based upon their percentage ownership, except as otherwise provided and delegated to the Officers or Managers, a majority of the Members, based upon their percentage ownership, is required for any actionshall decide all decisions made.

Appears in 13 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Majority Required. Except The majority of the Members, or sole Member, based upon their percentage ownership, except as otherwise provided and delegated to the Officers or Managers, a majority of the Members, based upon their percentage ownership, is required for any actionshall decide all decisions made.

Appears in 13 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Majority Required. Except as otherwise provided and delegated to the Officers officers or Managers, a majority of the Members, based upon their percentage ownershipMembership Interest, is required for any action.

Appears in 1 contract

Sources: Strategic Investment Agreement (Hightimes Holding Corp.)