Voting Units means collectively, the Units and Special Voting Units;

Voting Units means, collectively, the Units and the Special Voting Units, and “Voting Unit” means any one of them.

Voting Units means (a) the Common Units and (b) any other Units other than Units that by their express terms do not entitle the record holder thereof to vote on any matter presented to the Members generally under this Agreement for approval; provided that (i) no vote by Voting Units shall have the power to override any action taken by the Manager or to remove or replace the Manager, (ii) the Voting Units have no ability to take part in the conduct or control of the Company’s business and (iii) notwithstanding any vote by Voting Units hereunder, the Manager shall retain exclusive management power over the business and affairs of the Company in accordance with Section 6.01(a).

Examples of Voting Units in a sentence

Units shall be designated as “Voting Units” or “Non-Voting Units.” Voting Units shall be entitled to one vote for each outstanding Voting Unit owned by such Member with respect to each matter submitted to a vote of the Members.
In the absence of a quorum at any meeting of Members, Members holding a majority of the Voting Units so represented at the meeting may adjourn the meeting from time to time for a period not to exceed 60 days without further notice.
Company Address: 00000 Xxxxx Xxxxx Xxxxxxxx Xxxxxxx, XX 00000 Attn: Xxxx Xxxxxxx Attorney Address: 00000 Xxxxx Xxxxx Xxxxxxxx Xxxxxxx, XX 00000 Attn: Xxxxxxxx Xxxxx City Gate Naples, LLC Membership Register As of October 1, 2020 Member Address Contribution Value of Contribution Capital Account Voting Units Non-Voting Units Total Units Equity Percentage Voting Percentage Xxxxxxx X.
The affirmative vote of Members owning or holding at least a majority of the Voting Units at such time which are entitled to vote on the matter shall be the act of the Members, unless the vote of a greater or lesser proportion or number is otherwise required by the Act or by this Agreement.
Except as specifically provided in this Agreement, this Agreement and the Certificate of Organization may be amended by the unanimous written consent of the Voting Members unless the proposed amendment alters the rights or obligations of any Non- Voting Units in a manner that would materially disadvantage such Members.

More Definitions of Voting Units

Voting Units means the Class A Units and the Class B Units.

Voting Units means Partnership Common Units, Class I High Performance Partnership Units and any other class of Partnership Units having the same voting or approval rights as Partnership Common Units.

Voting Units means the Common Units.

Voting Units means Units that have all associated voting, consent or approval rights in addition to an economic interest in the Company and all other rights associated with Units, including Class A Units.

Voting Units has the meaning set forth in Section 4.07(a).

Voting Units has the meaning set forth in Section 3.2(d).

Voting Units means the Class A Units, the Class B Units and Units of any other class or series issued after the Offering Date that entitle the Record Holder thereof to vote on any matter submitted for consent or approval of Members under this Agreement.