Manner of Acting. If a quorum is present, the affirmative vote of Members holding at least a Majority In Interest and entitled to vote on the subject matter 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.
Appears in 6 contracts
Sources: Operating Agreement (Wellsford Real Properties Inc), Operating Agreement (Equity Residential Properties Trust), Operating Agreement (Wellsford Real Properties Inc)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding at least a Majority In Interest and entitled to vote on of the subject matter Members 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.
Appears in 5 contracts
Sources: Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.), Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.), Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.)
Manner of Acting. If a quorum is present, the affirmative vote of Majority-In-Interest of the Members holding at least a Majority In Interest and entitled to vote on the subject matter 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 Article or Organization, or by this Agreement. A consent transmitted by electronic transmission by a Member or person authorized to act for a Member shall be deemed to be written and signed by the Member.
Appears in 4 contracts
Sources: Operating Agreement (Capital Cities Fund, LLC), Operating Agreement (Capital Cities Fund, LLC), Operating Agreement (Capital Cities Fund, LLC)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding at least a Majority In the Majority-In-Interest and entitled to vote on the subject matter in person or represented by proxy shall be the act of the Members, unless the vote of a greater or lesser proportion or number is otherwise required by the ActCorps.C. Sec.17000, et seq., by the Articles of Organization, or by this Agreement.
Appears in 3 contracts
Sources: Operating Agreement, Operating Agreement (Castle Arch Real Estate Investment Company, LLC), Operating Agreement (Castle Arch Real Estate Investment Company, LLC)
Manner of Acting. If a quorum is presentpresent at a meeting, the affirmative vote of Members Member(s) holding at least a Majority In Interest majority of Profit and entitled to vote on the subject matter Loss Percentage 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, Organization or by this Agreement.
Appears in 3 contracts
Sources: Operating Agreement (Van Der Moolen Holding Nv), Operating Agreement (Van Der Moolen Holding Nv), Operating Agreement (Van Der Moolen Holding Nv)
Manner of Acting. If a quorum is present, the affirmative vote of Members present at the meeting in person or by proxy holding at least a Majority In Percentage Interest and entitled to vote on the subject matter of Members shall be the act of the Members, unless the vote of a greater or lesser proportion or number is except as otherwise required by the Act, by the Articles of Organization, Act or by this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Dutchess County Cellular Telephone Co Inc), Limited Liability Company Agreement (Dutchess County Cellular Telephone Co Inc)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding at least a Majority In Interest and majority of all Units entitled to vote on the subject matter shall be the act of the Members, unless the vote of a greater or lesser proportion or number or separate class vote is otherwise required by the Act, by the Articles of Organization, Certificate or by this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (PREMIER NUTRITION Corp), Operating Agreement (Buy Com Inc)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding the majority of the shares represented at least a Majority In Interest the meeting and entitled to vote on the subject matter shall be the act of the Membersshareholders, unless the vote of a greater or lesser proportion or number or voting by classes is otherwise required by the Act, statute or by the Articles of Organization, Incorporation or by this Agreementthese By-Laws.
Appears in 2 contracts
Sources: Employment Agreement (Coyote Sports Inc), Employment Agreement (Coyote Sports Inc)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding at least a Majority In Interest and entitled to vote on more then fifty percent of the subject matter Membership Interests shall be the act Approval of the Members, unless the vote of a greater or lesser proportion proportion, number or number voting per capita or by classes is otherwise required by the Act, by the Articles of Organization, or by this Agreement.
Appears in 2 contracts
Sources: Operating Agreement, Operating Agreement (Magellan Petroleum Corp /De/)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding at least a Majority In Interest and entitled to vote on the subject matter shall be the act of the Members, unless the vote of a greater or lesser proportion or number is otherwise required by the Act, . Such action shall be evidenced by a written resolution for inclusion in the Articles minutes of Organization, or by this Agreementthe Company records.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Student Loan Funding LLC), Limited Liability Company Agreement (Student Loan Funding LLC)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding at least a Majority In Interest and entitled to vote on the subject matter 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 the Operating Agreement. Unless otherwise expressly provided herein or required under applicable law, only Members who have a Membership Interest may vote or consent upon any matter and their vote or consent, as the case may be, shall be counted in the determination of whether the matter was approved by the Members.
Appears in 2 contracts
Sources: Operating Agreement (KFX Inc), Regulations and Operating Agreement (Dynacq International Inc)
Manner of Acting. If a quorum is present, the affirmative vote of Majority-In-Interest of the Members holding at least a Majority In Interest and entitled to vote on the subject matter 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 or Organization, or by this Agreement. A consent transmitted by electronic transmission by a Member or person authorized to act for a Member shall be deemed to be written and signed by the Member.
Appears in 2 contracts
Sources: Operating Agreement (Aspen Mortgage Income Fund II, LLC), Operating Agreement (Aspen Mortgage Income Fund II, LLC)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding more than fifty percent (50%) of the Membership Interests represented at least a Majority In Interest and entitled to vote on the subject matter meeting in person or by proxy shall be the act of the Members, unless the vote of a greater or lesser proportion or number percentage is otherwise required by this Agreement or the Act, by the Articles of Organization, or by this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Laureate Ventures, Inc.)
Manner of Acting. If a quorum is presentpresent at a meeting of the Members, the affirmative vote of Members holding at least a Majority In Interest and entitled to vote on majority of the subject matter aggregate Percentage Interests represented in person or by proxy 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 Certificate or by this Agreement. If a quorum is present at a meeting of Organizationthe Board, the affirmative vote of a majority of the Directors on the Board shall be the act of the Board, unless the vote of a greater or lesser proportion or number is otherwise required by the Act, by the Certificate or by this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Interactive Health, Inc.)
Manner of Acting. If a quorum is present, the affirmative vote of Members holding a majority of the Membership Interests represented in person or by proxy at least a Majority In Interest and entitled to vote on the subject matter such meeting shall be the act of the Members, unless the vote of a greater or lesser proportion or number is otherwise required by the Act, Act or by the Articles of Organization, or by this Agreement.
Appears in 1 contract
Sources: Operating Agreement
Manner of Acting. If a quorum is present, the affirmative vote of a Majority-In- Interest of Members holding at least a Majority In Interest and entitled to vote on the subject matter 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.
Appears in 1 contract
Sources: Joint Venture Agreement (Miami Cruiseline Services Holdings I B V)