2Limitations. Notwithstanding the foregoing and any other provision contained in this Agreement to the contrary, no act shall be taken, sum expended, decision made, obligation incurred or power exercised by the Manager on behalf of the Company except with the vote of a Majority in Interest of the Class A Members with respect to (a) the sale, exchange, lease or other transfer of all or substantially all of the assets and property of the Company other than in the ordinary course of business; (b) any merger or dissolution of the Company; (c) any transaction involving an actual or potential conflict of interest between the Manager and the Company or (d) any amendment or restatement of the Articles.
Appears in 4 contracts
Sources: Operating Agreement, Operating Agreement, Operating Agreement