Common use of INFORMAL ACTION BY MEMBERS Clause in Contracts

INFORMAL ACTION BY MEMBERS. Any action required to be taken at a meeting of the Members, or any other action which may be taken at a meeting of the Members; may be taken without a meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, shall be signed by the holders of Membership Units having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Membership Units entitled to vote thereon were present and voted.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Nalco Energy Services Equatorial Guinea LLC)

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INFORMAL ACTION BY MEMBERS. Any action required or permitted by law or the Articles of Organization or this Operating Agreement to be taken at a meeting of the Members, or any other action which may be taken at a meeting of the Members; may be taken without a meeting, without prior notice and without a vote, meeting if a consent in writing, writing setting forth the action so taken, taken shall be signed by all of the holders of Membership Units having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Membership Units Members entitled to vote thereon were present and votedthereon.

Appears in 1 contract

Samples: Operating Agreement (FanSided Inc.)

INFORMAL ACTION BY MEMBERS. Any action required to be taken at a meeting of the Members, or any other action which may be taken at a meeting of the Members; , may be taken without a meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, shall be signed by the holders of Membership Units Shares having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Membership Units Shares entitled to vote thereon were present and voted.

Appears in 1 contract

Samples: Limited Liability Company (Lind-Waldock Securities, LLC)

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INFORMAL ACTION BY MEMBERS. Any action Action required or permitted to be taken at a Members' meeting of the Members, or any other action which may be taken at a meeting of the Members; may be taken without a meeting, without prior meeting if notice and without a vote, if a consent in writing, setting forth of the proposed action so taken, shall be signed is given to or waived by the holders of Membership Units having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Membership Units Members entitled to vote thereon were present and votedon the action.

Appears in 1 contract

Samples: Operating Agreement (Postal Holdings)

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