Power of Members. As used herein, the term "Members" ------------------------- shall mean the Initial Member and any other person or entity admitted as a member of the Company in accordance with the terms of the Act and this Agreement. The power of the Members includes all powers, statutory and otherwise, possessed by Members of a limited liability company under the laws of the State of Delaware, including the Act. Unless a greater percentage shall be otherwise expressly required by the Act or by this Agreement, any action or determination that is required to be made by the Members shall require the assent of a majority in interest of the Members at a meeting of the Members or pursuant to a written consent of such Members.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Triton Management Co Inc), Limited Liability Company Agreement (Triton Management Co Inc), Limited Liability Company Agreement (Triton Management Co Inc)
