Common use of Deadlock Clause in Contracts

Deadlock. Unless otherwise expressly set forth herein, in the event the Members are unable to reach agreement on or make a decision with respect to any matter on which the Members are entitled to vote, the matter shall be subject to the Internal Dispute Resolution Procedure described in Article 13 hereof.

Appears in 24 contracts

Sources: Operating Agreement (Holiday Lifestyle Fund I), Operating Agreement (Cardone Equity Fund IX, LLC), Operating Agreement (Holiday Lifestyle Fund I)

Deadlock. Unless otherwise expressly set forth herein, in the event the Members are unable to reach agreement on or make a decision with respect to any matter on which the Members are entitled to votevote (as summarized in Article 7.4), the matter shall be subject to the Internal Dispute Resolution Procedure described in Article 13 hereof.

Appears in 23 contracts

Sources: Operating Agreement (Gratus Capital Properties Fund III LLC), Operating Agreement (Gratus Capital Properties Fund III LLC), Limited Liability Company Agreement (Mission First Capital LLC)

Deadlock. Unless otherwise expressly set forth herein, in the event the Members are unable to reach agreement on or make a decision with respect to any matter on which the Members are entitled to votevote (as summarized in Article 7.4), the matter shall be subject to the Internal Dispute Resolution Procedure described in Article 13 hereof.. Paradyme Equities, LLC 17 Company Agreement

Appears in 4 contracts

Sources: Company Agreement (Paradyme Equities, LLC), Company Agreement (Paradyme Equities, LLC), Company Agreement (Paradyme Equities, LLC)

Deadlock. Unless otherwise expressly set forth herein, in the event the Members are unable to reach agreement on or make a decision with respect to any matter on which the Members are entitled to votevote (as summarized in Article 7.4), the matter shall be subject to the Internal Dispute Resolution Procedure described in Article 13 hereof.. Paradyme Equities, LLC Company Agreement

Appears in 1 contract

Sources: Company Agreement (Paradyme Equities, LLC)