Common use of Action by Members Without a Meeting Clause in Contracts

Action by Members Without a Meeting. Any action required or permitted to be taken at a meeting of the Members may be taken by the Members without a meeting if the action shall be evidenced by one or more written consents describing the action taken and signed by Members having the required vote to approve the action so taken. Written consent of the Members pursuant to this Section 8.4 shall have the same force and effect as a vote of the Members, and may be stated as such in any document. Prompt notice of the taking of any action without a meeting by less than unanimous consent of the Members shall be given to the Members who did not so consent in writing to such action.

Appears in 3 contracts

Samples: Operating Agreement (Dune Energy Inc), Operating Agreement (Dune Energy Inc), Operating Agreement (Dune Energy Inc)

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Action by Members Without a Meeting. Any Except as expressly provided otherwise, any action required or permitted to be taken at a meeting of the Members or any other action which may be taken by at a meeting of the Members Members, may be taken without a meeting if a consent in writing, setting forth the action shall be evidenced by one or more written consents describing the action taken and so taken, is signed by Members having at least the required vote minimum number of votes that would be necessary to approve the authorize or take such action so taken. Written consent of the at a meeting at which all Members pursuant to this Section 8.4 shall have the same force were present and effect as a vote of the Members, and may be stated as such in any documentvoting. Prompt notice of the taking of any the action without a meeting by less than unanimous consent of the Members shall be given to the Members who did not so consent in writing to such actionthose Members who were entitled to vote but did not consent in writing.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Action by Members Without a Meeting. Any action required or permitted to that may be taken at a any meeting of the Members may be taken by the Members without a meeting if the action shall be evidenced by one or more written consents describing the action taken and signed by Members having the required vote to approve a consent in writing, setting forth the action so taken, is signed by the Member or 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. Written consent Any action taken without a meeting shall be effective when the required minimum number of the Members pursuant to this Section 8.4 shall votes have the same force and effect as a vote of the Members, and may be stated as such in any documentbeen received. Prompt written notice of the taking of any action without a meeting by less than unanimous consent of the Members taken shall be given to all Members entitled to vote thereon who have not consented to the Members who did not so consent in writing to such action.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Action by Members Without a Meeting. Any action required or permitted to that may be taken at a any meeting of the Members may be taken by the Members without a meeting if a consent in writing, setting forth the action shall be evidenced by one or more written consents describing the action taken and so taken, is signed by Members having not less than the required minimum number of votes that would be necessary to authorize or take that action at a meeting at which all Members entitled to vote to approve the thereon were present and voted. Any action so taken. Written consent of the Members pursuant to this Section 8.4 shall have the same force and effect as a vote of the Members, and may be stated as such in any document. Prompt notice of the taking of any action taken without a meeting by less than unanimous consent shall be effective when the required minimum number of votes have been received. Prompt Notice of the Members action taken shall be given to the all Members who did have not so consent in writing consented to such the action.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Minn Shares Inc)

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Action by Members Without a Meeting. Any action required or permitted to that could be taken at a meeting of the Members members may be taken by the Members without a meeting if the action shall be evidenced by one or more a written consents describing the action taken and signed by Members having the required vote to approve consent setting forth the action so takentaken is signed by all members entitled to vote with respect to the subject matter thereof. Written Such written consents may be signed in two or more counterparts, each of which shall be deemed an original and all of which, taken together, shall constitute one and the same document. Any such written consent shall be inserted in the minute book as if it were the minutes of a meeting of the Members pursuant to this Section 8.4 shall have the same force and effect as a vote of the Members, and may be stated as such in any document. Prompt notice of the taking of any action without a meeting by less than unanimous consent of the Members shall be given to the Members who did not so consent in writing to such actionmembers.

Appears in 1 contract

Samples: Lease Agreement

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