Written Consent in Lieu of Meeting Sample Clauses
The Written Consent in Lieu of Meeting clause allows decisions or actions that would normally require a formal meeting of a board or group to be approved through written agreement instead. In practice, this means that all members can sign a document indicating their consent to a proposed action, eliminating the need to convene in person or virtually. This clause streamlines decision-making processes, making it easier and faster for organizations to act when gathering all members for a meeting is impractical or unnecessary.
POPULAR SAMPLE Copied 27 times
Written Consent in Lieu of Meeting. Any action permitted or required by applicable law or this Agreement to be taken at a meeting of the Board of Managers may be taken without a meeting if a unanimous consent in writing, setting forth the action to be taken, is signed by all of the members of the Board of Managers. Such consent will have the same force and effect as an affirmative vote at a duly constituted meeting which is cast by those members of the Board of Managers who have signed the consent, and the execution of such consent will constitute attendance or presence in person at a meeting of the Board of Managers.
Written Consent in Lieu of Meeting. The written authorization or consent by the Holders of the requisite percentage in aggregate principal amount of Outstanding Securities of one or more series herein provided, entitled to vote at any such meeting, evidenced as provided in Section 6.1 and filed with the Trustee, shall be effective in lieu of a meeting of the Holders of Securities of such series, with respect to any matter provided for in this Article Six.
Written Consent in Lieu of Meeting. The written authorization or consent of the requisite percentage of Holders herein provided entitled to vote at any meeting of Holders and filed with the Trustee shall be effective in lieu of a meeting of Holders, with respect to any matter provided for in this Article Ten.
Written Consent in Lieu of Meeting. Any action that may be taken at any meeting of the Members may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by Members having not less than the minimum number of votes that would be necessary to authorize or take that action at a meeting at which all Members entitled to vote thereon were present and voted. In the event the Members are requested to consent on a matter without a meeting, each Member shall be given notice of the matter to be voted upon in the same manner as described above. In the event any Member(s) owning more than ten percent (10%) of the Shares request a meeting for the purpose of discussing or voting on the matter, the notice of a meeting shall be given in accordance with Section 5.04 and no action shall be taken until the meeting is held.
Written Consent in Lieu of Meeting. The written authorization or consent of the requisite percentage of Securityholders herein provided, entitled to vote at any such meeting, evidenced as provided in Article Nine and filed with the Trustee shall be effective in lieu of a meeting of Securityholders, with respect to any matter provided for in this Article Ten.
Written Consent in Lieu of Meeting. A decision on any matter evidenced by the consent in writing of a majority of Directors shall be as valid as if it had been decided at a duly called and held meeting of the Management Committee. Each decision consented to in writing may be in counterparts, which together shall be deemed to constitute one decision.
Written Consent in Lieu of Meeting. Any action required or permitted to be taken at any meeting of Members may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by the Member or Members holding not less than the minimum percentages of Units of each class of Units that would be necessary to take such action at a meeting at which all Members entitled to vote on the action were present and voted. Prompt notice of the action so taken without a meeting will be given by the Company to those Members entitled to vote or consent who have not consented in writing; provided, however, that any failure by the Company to give such notice will not affect the validity of any action taken pursuant to this Section 4.6. Any action taken pursuant to such written consent of the Members shall have the same force and effect as if taken by the Members at a meeting thereof.
Written Consent in Lieu of Meeting. In any matter on which Limited Partners are entitled to vote or take action hereunder or under the Delaware Act, the written consent or consents setting forth such action or decision, without a meeting or prior notice, of holders of such Interests as are so required to so authorize or act, shall suffice for all purposes once delivered to the Partnership. Prompt notice of the taking of action without a meeting by less than unanimous consent shall be given to those Partners who have not consented.
Written Consent in Lieu of Meeting. Subject to the terms of this Agreement (including, for the avoidance of doubt, Section 5.1(b)(iv)), any action required or permitted to be taken at any annual or special meeting of Unitholders may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by the Unitholder or Unitholders holding not less than the minimum percentages of Units that would be necessary to take such action at a meeting at which all Unitholders entitled to vote on the action were present and voted in accordance with Section 3.2(k). Every written consent shall bear the date of signature of each Unitholder who signs the consent (or a counterpart thereof). No written consent shall be effective to take the action that is the subject to the consent unless, within 60 days after the date of the earliest dated consent delivered to the LLC in the manner required by this Section 3.3(a), a consent or consents signed by the Unitholder or Unitholders holding not less than the minimum Units that would be necessary to take the action that is the subject of the consent are delivered to the LLC by delivery to its registered office, its principal place of business or the Board. Delivery shall be by hand or certified or registered mail, return receipt requested. Delivery to the LLC’s principal place of business shall be addressed to the Board. A telegram, telex, cablegram, electronic mail or similar transmission by a Unitholder, or a photographic, photostatic, facsimile, PDF or similar reproduction of a writing signed by a Unitholder, shall be regarded as signed by the Unitholder for purposes of this Section 3.3(a). Prompt notice of the taking of any action by Unitholders without a meeting by less than unanimous written consent shall be given to
Written Consent in Lieu of Meeting. Any action required or permitted to be taken at any meeting of Class C Unitholders may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by all Class C Unitholders. Every written consent shall bear the date of signature of each Class C Unitholder who signs the consent. No written consent shall be effective to take the action that is the subject to the consent unless, within 60 days after the date of the earliest dated consent delivered to the LLC in the manner required by this Section 3.2(f), a consent or consents signed by all other Class C Unitholders are delivered to the LLC by delivery to its registered office, its principal place of business or the chief executive officer in each case, in accordance with Section 15.15. Any such delivery to the LLC’s principal place of business shall be addressed to the chief executive officer. A telegram, telex, cablegram, electronic mail or similar transmission by a Class C Unitholder, or a photographic, photostatic, facsimile or similar reproduction of a writing signed by a Class C Unitholder, shall be regarded as signed by the Class C Unitholder for purposes of this Section 3.2(f).