Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 17 contracts
Samples: Limited Liability Company Agreement (CSFB Alternative Capital Multi-Strategy Fund, LLC), Limited Liability Company Agreement (CSFB Alternative Capital Multi-Strategy Institutional Fund, LLC), Limited Liability Company Agreement (CSFB Alternative Capital Relative Value Institutional Fund, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act0000 Xxx.
Appears in 15 contracts
Samples: Limited Liability Company Agreement (Man FRM Alternative Multi-Strategy Fund LLC), Limited Liability Company Agreement (Mount Yale Opportunity Fund, LLC), Limited Liability Company Agreement (Excelsior Multi-Strategy Hedge Fund of Funds (Te 2), LLC)
Actions by the Board of Managers. (a) Unless otherwise provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote which majority shall include any requisite number of a majority of the Independent Managers if required by the 0000 XxxInvestment Company Act) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Investment Company Act, in person or by telephone) or (ii) by unanimous the written consent of all a majority of the Managers without a meeting, if permissible under the 1940 Investment Company Act.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Partners Group Growth, LLC), Limited Liability Company Agreement (Partners Group Next Generation Infrastructure LLC), Limited Liability Company Agreement (Partners Group Private Income Opportunities, LLC)
Actions by the Board of Managers. (a) Unless otherwise provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote which majority shall include any requisite number of a majority of the Independent Managers if required by the 0000 XxxInvestment Company Act) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Investment Company Act, in person or by telephoneconference telecommunications equipment) or (ii) by unanimous the written consent of all a majority of the Managers without a meeting, if permissible under the 1940 Investment Company Act.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Destiny Alternative Fund (TEI) LLC), Limited Liability Company Agreement (Destiny Alternative Fund LLC), Limited Liability Company Agreement (Destiny Alternative Fund (Tax Exempt) LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person oror by telephone, if in-person attendance is not required permitted by the 1940 Act, by telephone0000 Xxx) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible permitted under the 1940 Act0000 Xxx.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Mezzacappa Long Short Fund LLC), Limited Liability Company Agreement (Mezzacappa Partners, LLC), Limited Liability Company Agreement (Mezzacappa Partners, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote which majority shall include any requisite number of a majority of the Independent Managers if required by the 0000 1940 Xxx) present xxesent at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 ActXxx.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Xanthus Fund LLC), Limited Liability Company Agreement (Whistler Fund LLC), Limited Liability Company Agreement (Sawgrass Fund LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called xxxxxx at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 3 contracts
Samples: LLC Agreement (Old Mutual Absolute Return Institutional Fund, LLC), LLC Agreement (Old Mutual Absolute Return Fund, L.L.C.), LLC Agreement (Old Mutual Emerging Managers Institutional Fund, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called at which calxxx xx xhich a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Oppenheimer Tremont Opportunity Fund LLC), Limited Liability Company Agreement (Oppenheimer Tremont Market Neutral Fund LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 1940 Xxx) present xresent at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephonetelephone or other electronic means) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC), Limited Liability Company Agreement (Wells Fargo Multi-Strategy 100 Tei Fund A, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting xx x xxxting duly called at which a quorum of the Managers shall be present (in person or, if in-person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 2 contracts
Samples: Bacap Alternative Mult Strategy Fund LLC, Bacap Alternative Mult Strategy Fund LLC
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the Managers Xxxxxxxs shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Excelsior Directional Hedge Fund of Funds (Ti) LLC), Aetos Market Neutral Strategies Fund LLC
Actions by the Board of Managers. (a) Unless otherwise provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote Managers(which majority shall include any requisite number of a majority of the Independent Managers if required by the 0000 XxxInvestment Company Act) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Investment Company Act, in person or by telephoneconference telecommunications equipment) or (ii) by unanimous the written consent of all a majority of the Managers without a meeting, if permissible under the 1940 Investment Company Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (X-Square Balanced Fund, LLC), Limited Liability Company Agreement (X-Square Balanced Fund, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a presexx xx x meeting duly called at which a quorum of the Managers shall be present (in person or, if in-person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called dxxx xxxled at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Old Mutual 2100 Absolute Return Master Fund, L.L.C.)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting xxxxxxx duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Torrey Multi Strategy Partners LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the xx xxx Managers shall be present (in person or, if in-person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 1000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act1000 Xxx.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Aetos Capital Opportunities Fund, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly xxxx called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Robeco-Sage Triton Master Fund, L.L.C.)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting ax x xxxxing duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Torrey International Strategy Partners LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 1000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephonetelephone or other electronic means) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Wells Fargo Family Office Master Fund, LLC)
Actions by the Board of Managers. (a) Unless Except as otherwise required by the 1940 Act and unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present present; (in person or, if in-in person attendance is not required by the 1940 Act, by telephonetelephone or other electronic means by which all persons entitled to vote at the meeting may hear one another) or (ii) by unanimous written consent of all a majority of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ASGI Aurora Opportunities Fund, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote which majority shall include any requisite number of a majority of the Independent Managers if required by the 0000 1000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) ); or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act1000 Xxx.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Global Chartist Fund, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the Managers xxx Xxxagers shall be present (in person or, if in-person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Actions by the Board of Managers. (a) Unless Except as otherwise required by the 1940 Act and unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 1000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephonetelephone or other electronic means by which all persons entitled to vote at the meeting may hear one another) or (ii) by unanimous written consent of all a majority of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ASGI Aurora Opportunities Fund, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-person attendance is not required by the 1940 Act, by telephonetelephone or other electronic means) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Old Field Master Fund, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote which majority shall include any requisite number of a majority of the Independent Managers if required by the 0000 1000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Susa Registered Fund, L.L.C.)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly mexxxxx xxly called at which a quorum of the Managers shall be present (in person or, if in-person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Man Glenwood Tei LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Managers shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephonetelephone or other electronic means) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Wells Fargo Multi-Strategy 100 Master Fund I, LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the Managers txx Xxxxxers shall be present (in person or, if in-person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Man-Glenwood Lexington Associates Portfolio LLC)
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the Managers thx Xxxxxxrs shall be present (in person oror by telephone, if in-person attendance is not required permitted by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without Managxxx xxxxout a meeting, if permissible permitted under the 1940 Act.
Appears in 1 contract
Samples: Mezzacappa Multi Strategy Fund LLC
Actions by the Board of Managers. (a) Unless provided otherwise in this Agreement, the Board of Managers shall act only: (i) by the affirmative vote of a majority of the Managers (including the vote of a majority of the Independent Managers if required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the Managers Xxxxxxxx shall be present (in person or, if in-in person attendance is not required by the 1940 Act, by telephone) or (ii) by unanimous written consent of all of the Managers without a meeting, if permissible under the 1940 Act.
Appears in 1 contract
Samples: Liability Company Agreement (Aetos Distressed Investment Strategies Fund LLC)
