Common use of noticed Clause in Contracts

noticed. The Members present at a duly organized meeting may continue to transact business until adjournment, notwithstanding the withdrawal during such meeting of Members holding that number of Units whose absence would cause loss of a quorum. For the avoidance of doubt, the Class D Members shall be entitled to be present at any meeting of the Members.

Appears in 2 contracts

Sources: Operating Agreement (Lake Area Corn Processors LLC), Operating Agreement (Lake Area Corn Processors LLC)