Voting of Units. A Unit is entitled to be voted only if it is owned by a Member and each such Unit shall be entitled to one vote. Neither an assignee nor a transferee may vote a Unit unless such assignee or transferee is a Member.
Voting of Units. Each outstanding Unit shall be entitled to one vote on any matter. Voting on all matters shall be by voice vote or by a show of hands, unless the holders of one-tenth of the Units represented at the meeting shall, prior to the voting on any matter, demand a ballot vote on that particular matter. Except as expressly provided otherwise in this Agreement, any matter that requires the vote, consent, ratification, or approval of the Partners shall require the affirmative vote, consent, ratification or approval of the General Partner and a majority in Interest of the Limited Partners. On all matters in which the Partner is entitled to participate, including without limitation waiving notice of any meeting, voting or participating at a meeting or communicating to the Partnership, any Partner that is not a natural person shall act by and through its appropriate officers, general partners, General Partner, trustees or other management authority.
Voting of Units. Except as otherwise required by applicable law or as set forth herein or in the Members' Agreement, the holders of the Common Units and the holders of the Preferred Units shall vote together as a single class on all matters to be voted on by the Members. Except as otherwise set forth herein, each Unit shall entitle the holder thereof to one vote.
Voting of Units. Unless otherwise provided in the Articles of Organization or this Agreement, each outstanding Unit entitled to vote shall be entitled to one vote, and each fractional share shall be entitled to a corresponding fractional vote, upon each matter submitted to a vote at a meeting of Members.
Voting of Units. 9 3.3 PREFERRED DISTRIBUTIONS, LIQUIDATION PREFERENCE.................................................... 9 3.4 EVENTS OF NON-COMPLIANCE........................................................................... 10 3.5
Voting of Units. 3.1 Hereafter until the Expiration Time, in any action by written consent of the members of SNR requested by SNR’s board of managers or otherwise undertaken to seek the written consent of the holders of the Seller Units to adopt the Merger Agreement, approve the Transactions, including the Mergers and the Pre-Closing Reorganization, or in any other circumstances upon which a consent or other approval with respect to the Merger Agreement, the Transactions, the Mergers, the Pre-Closing Reorganization or the other transactions contemplated by the Merger Agreement is sought, each Seller Unitholder shall vote, consent or approve (or cause to be voted, consented or approved) all Seller Units currently or hereinafter owned by such Seller Unitholders in favor of the foregoing.
Voting of Units. (1) At a meeting of Partners, each Limited Partner shall be entitled to one (1) vote for each Unit held on matters on which the Limited Partner is entitled to vote. When a Unit is held by more than one holder the holders will collectively be entitled to one (1) vote for such Unit. The General Partner shall be entitled to one (1) vote in its capacity as General Partner, except in respect of the removal of the General Partner. The Chair will not have a casting vote. Every question submitted to a meeting will be decided by a show of hands unless a poll is demanded by a Partner or the Chair before the question is put or after the results of the show of hands has been announced and before the meeting proceeds to the next item of business, in which case a poll will be taken. The General Partner in respect of Units held by it, if any, insiders of the Limited Partnership, as such expression is defined in the Securities Act (Ontario), and Affiliates of the General Partner and any director or officer of those persons, if any, who hold Units will not be entitled to vote on any Extraordinary Resolution to remove the General Partner in accordance with Section 8.4.
Voting of Units. Upon any matter submitted to a vote or other approval of the Members, each Member shall be entitled to one vote for each Unit the Member owns except as otherwise provided in this LLC Agreement.
Voting of Units. The vote of the holders of sixty-six percent (66%) of the Units entitled to vote and represented at a meeting at which a quorum is present shall be the act of the Members unless the vote of a greater number is required by the Act or this Agreement. This voting requirement shall apply to all matters before the Members.
Voting of Units. (a) Unless and until an Event of Default (as hereinafter defined) has occurred and is continuing, neither party shall exercise any voting rights pertaining to the Units; provided, however, that Pledgor may vote for, consent to, authorize or approve actions or transactions which provide for or result in the payment in full of the Notes.
