Voting by a Member Sample Clauses
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Voting by a Member. Members who own Investor Units shall be entitled to cast one vote for each Investor Unit they own. Except as otherwise specifically provided in this Agreement, Members who own Investor Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:
8.2.1 Removal of the Manager as provided in this Agreement;
Voting by a Member. Members shall be entitled to cast one vote for each Percentage Interest attributable to their Membership Interest. Except as otherwise specifically provided in this Agreement, Members shall have the right to vote only upon the following matters:
8.2.1 Admission of the Manager or election to continue the business of the Company after the Manager ceases to be the Manager when there is no remaining Manager;
Voting by a Member. Members who own Units shall be entitled to cast one vote for each Unit they own. Except as otherwise specifically provided in this Agreement, Members who own Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:
8.2.1 Removal of the Manager as provided in this Agreement;
8.2.2 Admission of the Manager or election to continue the business of the Company after the Manager ceases to be the Manager when there is no remaining Manager;
8.2.3 Amendment of this Agreement;
8.2.4 Any merger or combination of the Company or roll-up of the Company; and
8.2.5 Dissolution and winding up of the Company as set forth in Section 13.1.
Voting by a Member. Members who own Investor Units shall be entitled to cast one vote for each Investor Unit they own. Except as otherwise specifically provided in this Agreement or any mandatory provision of the Act, Members who own Investor Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:
8.2.1 Removal of the Manager as provided in this Agreement;
8.2.2 Amendment of this Agreement;
8.2.3 Any merger, combination or “roll-up” of the Company or any UPREIT, DOWNREIT or other similar transaction with a real estate investment trust;
8.2.4 Dissolution and winding up of the Company as set forth in Section 13.1;
8.2.5 The sale of all or substantially all of the assets of the Company; and
8.2.6 Election to obtain audited financial statements as set forth in Section 12.3.2. Notwithstanding any provision hereof to the contrary, when acting on matters subject to the vote of the Members, notwithstanding that the Company is not then insolvent, all of the Members shall, to the fullest extent permitted by law (including § 18 – 1101(c) of the Act), take into account the interest of the Company’s creditors, as well as those of the Members.
Voting by a Member. Members who own Units shall be entitled to cast one vote for each Unit they own. Except as otherwise specifically provided in this Agreement, Members who own Units shall have the right to vote only upon the following matters:
7.2.1 removal of the Manager as provided in this Agreement;
7.2.2 except as set forth in Section 9.4 of this Agreement, admission or election of a substitute Manager, or election to continue the business of the Company by Majority Vote of the Units after the Manager ceases to be the Manager when there is no remaining Manager;
7.2.3 amendment of this Agreement, except in cases in which the Manager has sole authority to amend this Agreement as described herein;
7.2.4 any merger or combination of the Company or roll-up of the Company by Majority Vote of the Units;
7.2.5 dissolution and winding up of the Company as set forth in Section 12.1;
7.2.6 the sale of all or substantially all of the assets of the Company by Majority Vote of the Units; and
7.2.7 election to continue the business of the Company by Majority Vote of the Units when there is a Dissolution Event.
Voting by a Member. Members who own Investor Units shall be entitled to cast one vote for each Investor Unit they own. Except as otherwise specifically provided in this Agreement or any mandatory provision of the Act, Members who own Investor Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:
8.2.1 Removal of the Manager as provided in this Agreement;
8.2.2 Amendment of this Agreement;
8.2.3 Any merger, combination or "roll-up" of the Company;
8.2.4 Dissolution and winding up of the Company as set forth in Section 13.1;
8.2.5 The sale of all of the assets of the Company (but not the sale of one or more of the Properties); and
8.2.6 Election to obtain audited financial statements as set forth in Section 12.3.2.
Voting by a Member. Members who own Units shall be entitled to cast one vote for each Unit they own. Except as otherwise specifically provided in this Agreement, Members who own Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:
8.2.1 Admission of the Manager or election to continue the business of the Company after the Manager ceases to be the Manager when there is no remaining Manager; and
8.2.2 Amendment of this Agreement.
Voting by a Member. Members who own Interests shall be entitled to cast one vote for each Interest they own. Except as otherwise specifically provided in this Agreement, Members who own Interests (but not Economic Interest Owners) shall have the right to vote only upon the following matters:
(i) Removal of the Manager as provided in this Agreement;
(ii) Admission of the Manager or election to continue the business of the Company after the Manager ceases to be the Manager when there is no remaining Manager;
(iii) Amendment of this Agreement;
(iv) Dissolution and winding up of the Company as set forth in Section 13.1;
(v) The sale of all or substantially all of the assets of the Company;
(vi) Election to continue the business of the Company as set forth in Section 13.1(d) when there is a Dissolution Event; and
(vii) Election to obtain audited financial statements as set forth in Section 12.3(b)
(i) Any amendment to this Agreement; and
(ii) The admission of an additional or successor Manager when the Manager will continue as such.
Voting by a Member. Members who own Class A Units shall be entitled to cast one vote for each Class A Unit they own. Except as otherwise specifically provided in this Agreement, Members who own Class A Units (but not Economic Interest Owners) shall have the right to vote only upon the following matters:
8.2.1 Removal of the Manager as provided in this Agreement;
8.2.2 Admission of the Manager or election to continue the business of the Company after the Manager ceases to be the Manager when there is no remaining Manager;
8.2.3 Amendment of this Agreement;
8.2.4 Any merger or combination of the Company or roll up of the Company that is not in accordance with Section 11;
8.2.5 Dissolution and winding up of the Company as set forth in Section 13.1;
8.2.6 The sale of all or substantially all of the assets of the Company other than pursuant to Section 8.2.8;
8.2.7 Election to continue the business of the Company as set forth in Section 13.1.5 when there is a Dissolution Event; and
8.2.8 Election to force the sale of an Investment as set forth in Section 3.7.
