Consent of the Members. Whenever the Members are asked to vote on or consent to any action relating to the Platform, including any amendment or modification to this Agreement, whether or not requiring unanimous consent, a Member may vote in favor of or give consent to such action either affirmatively or negatively. Members shall be deemed to have voted for or consented to such action if the Sponsor receives no notice of objection from such Member within twenty days of giving notice to such Member of such action.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series)), Limited Liability Company Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series)), Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series))
Consent of the Members. (a) Whenever the Members are asked to vote on or consent to any action relating to the Platform, including any amendment or modification to this Agreement, whether or not requiring unanimous consent, a Member may vote in favor of or give consent to such action either affirmatively or negatively. Members shall be deemed to have voted for or consented to such action , if the Sponsor receives no notice of objection from such Member within twenty 20 days of giving notice to such Member of such action.
Appears in 1 contract
Samples: Limited Liability Company Agreement (UBS Managed Futures LLC (Aspect Series))
