Voting of Interests. Each outstanding Share shall be entitled to one vote upon each matter submitted to a vote of the Members; provided, however, that, if a Member has assigned all or a portion of its Shares to a Person who is not admitted as a Member, neither the transferring Member nor the Transferee/Economic Interest Holder shall have the right to vote the Shares so transferred and such Shares shall not be deemed to be outstanding for purposes of determining a quorum or any percentage vote required or permitted hereunder. In all elections for members of the Advisory Board or the directors of the Fund, the Members shall not have the right to cumulative voting.
Voting of Interests. Each outstanding Unit shall be entitled to one vote upon each matter submitted to a vote of the Members. In all elections for Manager(s), the Members shall not have the right to cumulative voting.
Voting of Interests. Each outstanding Unit shall be entitled to one vote upon each matter submitted to the Members for a vote.
Voting of Interests. The Sellers shall have the right, in their sole discretion, to exercise any and all voting rights with respect to their Shares held in escrow as Escrow Securities.
Voting of Interests. Each Member shall be entitled to one vote for each percentage point of Membership Interest owned by such Member upon each matter submitted to a vote of the holders thereof.
Voting of Interests. Unless otherwise provided by this Agreement, the Certificate or by law, whenever any action, other than the selection of Managers, is to be taken by vote of the Members, it shall be authorized by the affirmative vote of Members owning not less than 70% in the aggregate of the units of Membership Interest in the Company.
Voting of Interests. Each outstanding Share shall be entitled to one vote upon each matter submitted to a vote of the Members; provided, however, that, if a Member has assigned all or a portion of its Shares to a Person who is not admitted as a Member, neither the transferring Member nor the Transferee/Economic Interest Holder shall have the right to vote the Shares so transferred and such Shares shall not be deemed to be outstanding for purposes of determining a quorum or any percentage vote required or permitted hereunder. In all elections for members of the Advisory Board or the directors of the Fund, the Members shall not have the right to cumulative voting. ... CUSIP No. NONE 13D Page 20 of 24 Pages
Voting of Interests. Each outstanding Unit held by a voting Member shall be entitled to one vote upon each matter submitted to a vote at a meeting of Members. Unless otherwise provided as to any class or sub class of Units, each outstanding Capital Unit held by a voting Member shall be entitled to one vote and each outstanding Profits Unit held by a voting Member shall be entitled to one vote, upon each matter submitted to a vote at a meeting of Members or upon each matter requiring Member consent. Decisions required to be made by Members shall be made only by the required voting power of voting Members unless otherwise required by the Act or otherwise provided in this Operating Agreement (see Section 5.12). Each Unit shall be a voting Unit unless otherwise designated as non-voting at the creation of a class of Units or unless voting rights are limited or terminated under this Agreement or the Act.
Voting of Interests. Each Management Representative shall have the right, in his sole discretion, to exercise any and all voting rights with respect to his pro rata portion of the Escrow Shares.
Voting of Interests. The Pledgor will have the sole right to vote the Interests included in the Collateral unless and until the occurrence of an Event of Default. Upon the occurrence of an Event of Default, the Secured Party will have the sole right to vote the Interests included in the Collateral with respect to all matters. [Signature page follows.] The parties are signing this Agreement as of the Effective Date. [PLEDGOR] By: [NAME] [TITLE] [SECURED PARTY] By: [NAME] [TITLE] [NAME] Schedule A Collateral
