Common use of Action by Members Clause in Contracts

Action by Members. All Votes by the Members shall be based upon the Percentage Interests held by each Member. Notwithstanding any other provision of this Agreement, unless otherwise specified below the following actions shall only be taken with the affirmative Vote of Members holding a Super Majority of the Percentage Interests at any annual or special meeting of the Members at which a quorum is present:

Appears in 5 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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