No Voting. A Defaulting Member will lose its voting and approval rights under the Certificate of Formation and this Agreement until such time as the Defaulting Member cures the default or the non-Defaulting Member contributes the Defaulting Member's share of the Capital Contribution and dilutes the Defaulting Member's percentage interest.
Appears in 3 contracts
Sources: Memorandum of Understanding (Artistdirect Inc), Memorandum of Understanding (Artistdirect Inc), Memorandum of Understanding (Artistdirect Inc)