Examples of Consent of the Members in a sentence
The Managing Member shall seek the written Consent of the Members on the proposed amendment or shall call a meeting to vote thereon and to transact any other business that the Managing Member may deem appropriate.
Consent of the Members holding the seventy five percent (75%) of the Class A and Class B Interests (other than the Manager) must affirmatively vote to approve any of the following actions: · To issue a Notice to Perform to the Manager (see Article 8.2); and · To remove the Manager for Good Cause (see Article 8.3).
Consent of the Members is being obtained for convening meeting at shorter notice.
Following such proposal, the Managing Member shall submit to the Members any proposed amendment that, pursuant to the terms of this Agreement, requires the Consent of the Members.
In the event the Managing Member is unable or unwilling to serve in such capacity, a replacement and successor shall be chosen and appointed by Consent of the Members.