Major Decisions Sample Clauses

Major Decisions. (a) In addition to any other approval required by Applicable Laws or this Agreement, Major Decisions are reserved to the Members, and none of the Company, the Managing Member, or any officer thereof shall do or take or make or approve any Major Decisions without the vote required pursuant to Section 8.3(b) below.
Major Decisions. Upon receiving a request for any action described in the preceding sentence, the Master Servicer shall forward such request to the Special Servicer and unless, subject to clause (a)(iii) and subsection (b) below, the Master Servicer and the Special Servicer mutually agree that the Master Servicer will process such request, and the Master Servicer shall have no further obligation with respect to such request except to cooperate with the Special Servicer and to deliver to the Special Servicer any additional information requested by the Special Servicer that is in the Master Servicer’s possession related to such request; however, regardless of whether the Master Servicer or the Special Servicer is required to process any request, any Special Servicer Decision or Major Decision shall require the consent or approval of the Special Servicer.
Major Decisions. (a) Notwithstanding anything to the contrary, without prior written Member Consent in each instance (each, a “Major Decision”), the Company and Managing Member shall not, and the Managing Member shall not authorize the Operating Member to:
Major Decisions. (A) Subject to Sections 7.3(C) and 7.3(D) with respect to the Company, all major decisions of the Company set forth below in clauses (A)(1) through (A)(6) (“Major Decisions”) shall be subject to the Company’s Articles of Incorporation and joint approval by the Advisor and Sub-advisor. For the avoidance of doubt, Major Decisions specifically exclude any decisions regarding the day-to-day operations of the Company, the decision-making authority for which has been delegated to the Sub-advisor pursuant to this Agreement. Major Decisions shall consist of the following:
Major Decisions. The following are major decisions (the "Major Decisions") requiring the prior Approval (or unanimous reasonable Approval, if so indicated) of the Partners (except as otherwise required in case of Emergency or Force Majeure); provided, however, that a Partner's Approval shall not be required after such Partner has lost its Approval rights under Section 7.9 or another provision of this Agreement except to the extent provided in Section 5.1.6.1:
Major Decisions. Notwithstanding anything to the contrary contained in this Agreement, but subject to Section 3.4(b), Section 3.8(e) and Section 3.8(f) hereof, the General Partner shall not take, on behalf of the Partnership, and shall not permit the Partnership or the Asset Manager to take, any action, make any decision, expend any sum or undertake or suffer any obligation which comes within the scope of any Major Decision unless such Major Decision is approved by the Executive Committee in the manner required by Section 3.4(b) in advance in writing or as specifically set forth in the Annual Plan.
Major Decisions. The Borrower shall promptly, but in no event later than five (5) Business Days prior to any vote or approval in respect of a Major Decision, deliver, or cause to be delivered, to the Administrative Agent written notice describing the issue to be decided by vote or approved together with copies of all correspondence received and sent with respect to that Major Decision.