Voting of Membership Interests. (1) Unless otherwise specifically stated in this Operating Agreement or as required by law, only Members holding Units shall have a right to vote on any matters.
Voting of Membership Interests. Each of the Parties shall vote its membership interests and take all other actions necessary to ensure that all organizational documents of Newco (including the certificate of formation and the limited liability company agreement) shall, subject to the law, give effect to, and shall not conflict with, the provisions of this MOU.
Voting of Membership Interests. From and after the Closing Date, each Member shall vote all Membership Interests owned or controlled by it, and shall take all other necessary or desirable actions Within its control (including, without limitation, attendance at meetings in person or by proxy for purposes of obtaining a quorum and execution of written consents in lieu of meetings), to effectuate the provisions of this Agreement.
Voting of Membership Interests. Unless the provisions of Section 8.1 of this Operating Agreement, the Company’s Articles of Organization or the Act provide otherwise, Membership Interests shall be entitled to proportionate voting rights on each matter voted on at a Members’ meeting.
Voting of Membership Interests. Each Member shall have a vote equal to such Member’s Percentage Interest in the Company.
Voting of Membership Interests. (a) Each of the Voting Members irrevocably agrees to vote in favor of the Merger and the terms of the Merger Agreement.
Voting of Membership Interests. Each outstanding Membership Interest shall be entitled to one vote upon each matter submitted to a vote of the holders thereof.
Voting of Membership Interests. As to matters to be voted on by the Members, each Member shall have the right to cast one vote for each membership interest unit owned by the Member. Except to the extent otherwise specified in this Agreement, each Member shall be free to vote its membership interest units in its discretion.
Voting of Membership Interests. A Member entitled to vote or otherwise act under this Agreement or the Act may take such action by written consent. A Member entitled to vote or act by written consent under this Agreement or the Act may authorize another Person to act for the Member by proxy or power of attorney. Any corporation or limited liability company that is a Member may vote at meetings of Members or take action by written consent by any of its officers or agents, or by proxy appointed by any officer or agent, or by power of attorney given by any officer or agent. A Member whose interest under this Agreement is pledged shall be entitled to vote the membership interest or take action by written consent until the membership interest has been transferred into the name of the pledgee, or a nominee of the pledgee, but nothing in this Section shall impair the validity of a proxy or power of attorney given to a pledgee or nominee that may entitle the pledgee or nominee to vote or take action by written consent with respect to such pledged membership interest prior to the transfer of such membership interest into the name of the pledge or nominee.
Voting of Membership Interests. Upon transfer of the Restaurant Project to Brewing Ventures, each Member hereby agrees to vote all Membership Interests owned by him in favor of the election to the Board of Directors of Brewing Ventures of Xxxxxx X.
