Rights of the Members Sample Clauses

Rights of the Members. Each Member shall look solely to the Company's assets for all distributions with respect to the Company, his Capital Contribution (including the return thereof), and share of profits, and shall have no recourse therefor (upon dissolution or otherwise) against any other Member.
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Rights of the Members. (a) The Company is not authorized to take any extraordinary action or to enter into an agreement for an extraordinary transaction without a Majority Vote of the Members. As used in this Agreement, “extraordinary action or transaction” includes, without limitation:
Rights of the Members. Upon Default of a Member If a Member shall not contribute such amount, the other Members shall have the right to contribute, in proportion to their then percentage share of Capital, the amount which the noncontributing Member was to contribute and such Capital Accounts and percentage of Capital shall be adjusted accordingly. If not all contributing Members elect to contribute their proportionate share of the amount which the noncontributing Member was to contribute, any electing Member shall have a further right, but no obligation, to contribute an amount equal to the remaining amount not contributed by the noncontributing or non-electing members.
Rights of the Members. Except as otherwise expressly provided in this Agreement, the Members shall have no right to take part in, vote on, or interfere in any manner with the management, conduct or control of the Company or its business, and shall have no right or authority whatsoever to act for or on behalf of the Company.
Rights of the Members. In addition to the other rights specifically set forth herein, each Member shall have the right to: (a) have the books and records of the Company and each subsidiary entity (including without limitation those required in the Act) kept at the principal United States office of the Company and at all reasonable times to inspect and copy any of them, (b) have on demand true and full information of all things affecting the Company and any subsidiary Entity and a formal account of the affairs of the Company and any subsidiary Entity, (c) have winding up of the Company by decree of court as provided for in the Act, (d) exercise all rights of a member under the Act (except to the extent otherwise specifically provided for herein) and (e) take, consent to, waive and/or approve all actions and requirements, vote and make all elections permitted or required under or pursuant to this Agreement.
Rights of the Members. Each Member shall be entitled to (i) have the Company books kept at the principal place of business of the Company, and at all times, during reasonable business hours, inspect and copy any of them; (ii) have a list of all the Members kept at the principal place of business of the Company, and at all times, during reasonable business hours, inspect and copy such list; (iii) have on demand true and full information of all matters affecting the Company and a formal account of Company affairs whenever circumstances render it just and reasonable; (iv) have dissolution and winding up of the Company as provided by this Agreement; and (v) have such additional rights as are elsewhere provided in this Agreement. Notwithstanding anything to the contrary elsewhere in this Agreement, the Manager shall not have the right to undertake any of the following actions without the prior written approval of Members owning at least seventy-one percent (71%) of the aggregate Percentage Interests:
Rights of the Members. Except as otherwise provided in this Agreement, each Member shall look solely to the assets of the Company for the return of its Capital Contributions and shall have no right or power to demand or receive property other than cash from the Company.
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Rights of the Members. Each Member is entitled, upon at least twenty-four (24) hours’ notice, to inspect and copy the documents set forth in Section 3.10(a) and all other books and records of the Company that contain information or documents to which the Member is entitled under Section 489.410 of the Act; provided, however, that the Company is entitled to maintain the confidentiality of trade secrets and all other information described in Section 489.410 of the Act to the maximum extent permitted by the Act. ARTICLE 4NETWORK AGREEMENTS AND FUNDING, ALLOCATIONS, DISTRIBUTIONS AND OTHER COMPANY MATTERS
Rights of the Members. A. All Local 3832 members have the right to have any employee or Local 3832 serve as their representative.
Rights of the Members. The Members shall look solely to the assets of the Company for the return of their Capital Contributions.
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