Quorum of Members Clause Samples

Quorum of Members. Ten percent of the first 100 Class A Members present in person or by written ballot at the meeting and five percent of additional Class A Members represented in person or by written ballot, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.

Quorum of Members. At any meeting of the Members a quorum as to any matter shall consist of a majority of the votes entitled to be cast on the matter, except where a larger quorum is required by law or by this Agreement. Any meeting may be adjourned from time to time by a majority of the votes properly cast upon the question, whether or not a quorum is present. If a quorum is present at an original meeting, a quorum need not be present at an adjourned session of that meeting.

Quorum of Members. Unless otherwise provided by applicable law, the Articles, or this Agreement, the presence of 75% of the Members based on Class A Units and represented in person or by proxy, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting may continue to transact business until adjournment, and the departure of any Member from the meeting prior to adjournment of the meeting or the refusal of any Member to vote shall not affect the presence of a quorum at the meeting.

Quorum of Members. Ten percent of the Class A Members, Class B Members representing 10% of the outstanding Class B Capital Units, and Class C Members representing 10% of the outstanding Class C Capital Units, represented in person, by proxy, or by written ballot, shall constitute a quorum at a meeting of the Members. The Members present at a duly organized meeting at which a quorum is present may transact business until adjournment, notwithstanding the departure or withdrawal of enough Members to leave less than a quorum.

Quorum of Members. Except as otherwise required by the Act or by this Agreement, Members holding at least a majority of the total Percentage Interests held by all Members, present in person or by proxy, shall constitute a quorum at each meeting of Members. The Members present at a meeting of Members at which a quorum is not present may adjourn the meeting until such time and place as may be determined by vote of the Members holding a majority of the Percentage Interests present. At any such adjourned meeting at which a quorum shall be present and acting throughout, any business may be transacted that might have been transacted at the meeting as, originally convened.

Quorum of Members. Unless otherwise provided in the Articles, the holders of a majority of the Membership Interests entitled to vote, represented in person or by proxy, shall constitute a quorum at a meeting of Members, but in no event shall a quorum consist of the holders of less than one-third (1/3) of the Membership Interest entitled to vote for each voting class, if more than one class, and thus represented at such meeting. The vote of the holders of a majority of the Membership Interests entitled to vote for each class, if more than one class, shall be the act of the Members’ meeting, unless the vote of a greater number is required by law, the Articles or this Operating Agreement.

Quorum of Members. Unless otherwise provided in this Agreement or the Act, the Members entitled to vote on a particular action (whether as a separate class or classes or as a single combined class), represented in person or by proxy shall constitute a quorum at a meeting of the applicable Members with respect to such action; provided, however, the Class B Member shall be required to constitute a quorum. Notwithstanding anything to the contrary contained herein, if there is the need for an approval of the Members under this Agreement or the Act, whether such approval is requested by vote at a properly called and noticed meeting of the Member or by written consent of the Members, and the Class B Member does not respond to such request for approval via written consent or attend such properly called and noticed meeting of the Members, after three (3) attempts, which are not given less than 10 calendar days apart from one another, for such approval via Written Consent or at a properly called and noticed meeting, it shall be deemed that the Class B Member is in attendance for purposes of satisfying the quorum requirements of this Section 7.5, although the Class B Member that is deemed present for purposes of satisfying quorum at any such meeting or for purposes of executing a written consent of the Members, shall not be deemed to vote at any such meeting or in such written consent of the Members.

Quorum of Members. A Super-Majority of Interest of all the Members shall constitute a quorum at all meetings of the Members, except as otherwise provided by law or the Certificate. Once a quorum is present at a meeting of the Members, the subsequent withdrawal from the meeting of any Member prior to adjournment or the refusal or any Member to vote shall not affect the presence of a quorum at the meeting. If, however, such quorum shall not be present at any meeting of the Members, the Members present and entitled to vote at such meeting shall have the power to adjourn the meeting from time to time, without notice other than announcement at the meeting, until Members owning the requisite amount of Membership Interests shall be present or represented.

Quorum of Members. The presence of a Majority in Interest of the Members, represented in person or by proxy, conference telephone, or similar communications equipment by means of which all persons participating in the meeting can engage with one another and participate, shall constitute a quorum at each meeting of Members for the transaction of business, except as otherwise provided by the Act. Any Member meeting, whether or not a quorum is present, may be adjourned from time to time by the vote of the majority of the voting Units represented at that meeting, either in person or by proxy, but in the absence of a quorum, no other business may be transacted at that meeting. When any meeting of Members is adjourned to another time or place, notice need not be given of the adjourned meeting if the time and place are announced at a meeting at which the adjournment is taken, unless the adjournment is for more than 30 days from the date set for the original meeting, or if after adjournment a new record date is fixed for the adjourned meeting. Notice of any such adjourned meeting shall be given to each Member of record entitled to vote at the adjourned meeting in accordance with Section 7.3(b). At any adjourned meeting the Members may transact any business, which might have been transacted at the original meeting.