Common use of Approval by Members of Merger or Consolidation Clause in Contracts

Approval by Members of Merger or Consolidation. (a) Except as provided in Section 15.3(d), the Managing Member, upon its approval of the Merger Agreement, shall direct that the Merger Agreement be submitted to a vote of Members, whether at a special meeting or by written consent, in either case in accordance with the requirements of Article XIV. A copy or a summary of the Merger Agreement shall be included in or enclosed with the notice of a special meeting or the written consent.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Pacific Energy Partners Lp), Limited Liability Company Agreement (Penn Virginia Resource Partners L P), Pacific Energy Partners Lp

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Approval by Members of Merger or Consolidation. (a) Except as provided in Section 15.3(d), the Managing MemberThe Board of Directors, upon its approval of the Merger Agreement, shall direct that the Merger Agreement be submitted to a vote of Members, Members whether at a special meeting or by written consent, in either case in accordance with the requirements of Article XIVXV. A copy or a summary of the Merger Agreement shall be included in or enclosed with the notice of a special meeting or the written consent.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Eott Energy Finance Corp), Limited Liability Company Agreement (Eott Energy LLC), Limited Liability Company Agreement (Eott Energy LLC)

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Approval by Members of Merger or Consolidation. (a) Except as provided in Section 15.3(d14.3(d), the Managing MemberManager, upon its approval of the Merger Agreement, shall direct that the Merger Agreement be submitted to a vote of MembersMembers (other than the Manager), whether at a special meeting or by written consent, in either case in accordance with the requirements of Article XIVXIII. A copy or a summary of the Merger Agreement shall be included in or enclosed with the notice of a special meeting or the written consent.

Appears in 1 contract

Samples: Operating Agreement (U S Timberlands Co Lp)

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