Common use of Approval Standard Clause in Contracts

Approval Standard. Except as otherwise specifically provided in this Agreement, all votes, approvals or consents of the Members may be given or withheld, conditioned or delayed as each Member may determine in their sole and absolute discretion.

Appears in 4 contracts

Sources: Operating Agreement, Operating Agreement (ALST Casino Holdco, LLC), Operating Agreement (ALST Casino Holdco, LLC)

Approval Standard. Except as otherwise specifically provided in this Agreement, all votes, approvals or consents of the Members may be given or withheld, conditioned or delayed as each Member the Members may determine in their sole and absolute discretion.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Borqs Technologies, Inc.)