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

Action by Members Without a Meeting. Any Series Designation may provide that any action required or permitted to be taken by the holders of the Interests to which such Series Designation relates may be taken without a meeting by the written consent of such holders or Members entitled to cast a sufficient number of votes to approve the matter as required by statute or this Agreement, as the case may be.

Appears in 58 contracts

Samples: Series Limited Liability Company Agreement (Wahed Real Estate Series 1 LLC), Series Limited Liability Company Agreement (Whimsy Properties LLC), Series Limited Liability Company Agreement (Paradyme Fund a Ii, LLC)

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Action by Members Without a Meeting. Any Series Designation may provide that any action required or permitted to be taken by the holders of the Interests Class A Shares to which such Series Designation relates may be taken without a meeting by the written consent of such holders or Members entitled to cast a sufficient number of votes to approve the matter as required by statute or this Agreement, as the case may be.

Appears in 1 contract

Samples: Limited Liability Company Agreement (aShareX Fine Art, LLC)

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