Supermajority Consent Matters Sample Clauses

Supermajority Consent Matters. Notwithstanding anything to the contrary in this Agreement and in addition to any other matter that expressly requires Supermajority Consent hereunder, neither the Managing Member nor the Company shall, and shall not cause or permit any wholly-owned Subsidiary of the Company or any officer or agent of the Company or any of its wholly-owned Subsidiaries to, and the Managing Member shall take all actions reasonably necessary to cause the Company and each wholly-owned Subsidiary of the Company not to, take any of the actions set forth below, without Supermajority Consent: (i) create, or authorize the creation of, or issue or obligate itself to issue, any equity securities or take any of the actions set forth in Section 3.3(a); (ii) approve, execute or deliver a Call Notice to the Members; (iii) effect a Sale of the Company or any other merger or consolidation; (iv) purchase or redeem any Units from any Member; (v) make or approve any distribution of any assets of the Company that is not expressly contemplated under ARTICLE 6 of this Agreement; (vi) create, or hold capital stock in, any Subsidiary that is not wholly owned (either directly or through one or more other Subsidiaries); (vii) approve or amend any Budget Plan; (viii) authorize or permit the use of, purchase or host, any mining machine that is not an Antminer product for use at any of the Company’s mining facility; (ix) incur indebtedness, guarantee of any indebtedness by the Company or any of its Subsidiaries, other than trade credit incurred in the ordinary course of business or any indebtedness contemplated in an approved Budget Plan; (x) guarantee, directly or indirectly, or permit any Subsidiary to guarantee, directly or indirectly, any indebtedness except for trade accounts of the Company or any Subsidiary arising in the ordinary course of business; (xi) make, or permit any Subsidiary to make, any loan or advance to, or own any stock or other securities of, any person or other corporation, partnership, or other entity unless it is wholly owned by the Company; (xii) sell, assign, license, pledge or encumber any material assets (including intangible assets) of the Company or any Subsidiary outside the ordinary course of business; (xiii) enter into any transaction involving the payment, contribution or assignment by the Company or to the Company of money or assets, or incur any expenditures, greater than $100,000 in any individual transaction or $250,000 in the aggregate in any series of transacti...