Common use of Unanimous Vote Required Clause in Contracts

Unanimous Vote Required. Notwithstanding any other provision of this Agreement and any provision of law that otherwise so empowers the Company, the Company shall not, without (i) the prior written consent of each trustee from time to time (each, a "Trustee") under any pooling and servicing agreement, indenture, trust agreement or similar agreement between the Company, a Trustee and a servicer, if any, pursuant to which the Company shall issue certificates and/or notes and (ii) the affirmative vote of 100% of the Members of the Company, including the Independent Member, institute proceedings to be adjudicated a bankrupt or insolvent or consent to the institution of bankruptcy or insolvency proceedings against it, or file a petition seeking, or consent to, reorganization or relief under any applicable federal or state law relating to bankruptcy, or consent to the appointment of a receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or all or a substantial part of its property, or make any assignment for the benefit of creditors, or admit in writing its inability to pay its debts generally as they become due, or take any limited liability company action in furtherance of any such action.

Unanimous Vote Required. Notwithstanding any other provision of this Agreement and any provision of law that otherwise so empowers the Company, the Company shall not, without (i) the prior written consent of each trustee from time to time (each, a "Trustee") under any pooling and servicing agreement, indenture, trust agreement or similar agreement between the Company, a Trustee and a servicer, if any, pursuant to which the Company shall issue certificates and/or notes and (ii) the affirmative vote of 100% of the Members of the Company, including the all Independent MemberMembers, institute proceedings to be adjudicated a bankrupt or insolvent insolvent, or consent to the institution of bankruptcy or insolvency proceedings against it, or file a petition seeking, or consent to, reorganization or relief under any applicable federal or state law relating to bankruptcy, or consent to the appointment of a receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or all or a substantial part of its property, or make any assignment for the benefit of creditors, or admit in writing its inability to pay its debts generally as they become due, or take any limited liability company action in furtherance of any such action.

Unanimous Vote Required. Notwithstanding any other provision of this Agreement and any provision of law that otherwise so empowers the Company, the Company shall not, without (i) the prior written consent of each trustee from time to time (each, a "Trustee") under any pooling and servicing agreement, indenture, trust agreement or similar agreement between the Company, a Trustee and a servicer, if any, pursuant to which the Company shall issue certificates and/or notes and (ii) the affirmative vote of 100% of the Members of the Company, including the Independent Member, institute proceedings to be adjudicated a bankrupt or insolvent insolvent, or consent to the institution of bankruptcy or insolvency proceedings against it, or file a petition seeking, or consent to, reorganization or relief under any applicable federal or state law relating to bankruptcy, or consent to the appointment of a receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or all or a substantial part of its property, or make any assignment for the benefit of creditors, or admit in writing its inability to pay its debts generally as they become due, or take any limited liability company action in furtherance of any such action.

Unanimous Vote Required. Notwithstanding any other provision of this Agreement and any provision of law that otherwise so empowers the Company, the Company shall not, without (i) the prior written consent of each trustee from time to time (each, a "Trustee") under any pooling and servicing agreement, indenture, trust agreement or similar agreement between the Company, a Trustee and a servicer, if any, pursuant to which the Company shall issue certificates and/or notes and (ii) the affirmative vote of one hundred percent (100% %) of the Members of the Company, including the all Independent MemberMembers, institute proceedings to be adjudicated a bankrupt or insolvent insolvent, or consent to the institution of bankruptcy or insolvency proceedings against it, or file a petition seeking, or consent to, reorganization or relief under any applicable federal or state law relating to bankruptcy, or consent to the appointment of a receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or all or a substantial part of its property, or make any assignment for the benefit of creditors, or admit in writing its inability to pay its debts generally as they become due, or take any limited liability company action in furtherance of any such action.