Common use of Vote Clause in Contracts

Vote. Except as specifically set forth herein, the business and affairs of the Company shall be managed by or under the direction of the member(s) by majority vote.

Appears in 41 contracts

Sources: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

Vote. Except as specifically set forth herein, the business and affairs of the Company shall be managed by or under the direction of the member(s) member, and if additional members are admitted, by majority vote.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Cinergy Corp)