Voting Members definition
Examples of Voting Members in a sentence
Meetings may be called by any two (2) Voting Members or Board Members, by giving at least two (2) business days prior notice of the time, place and purpose of the meeting to all Members.
Except as otherwise required under any Mandatory Provisions of the Act, no Member shall without the written consent of all remaining Voting Members of the Company have (i) any right to resign voluntarily or otherwise to withdraw from the Company, or (ii) any right to the withdrawal or reduction of any part of his Capital Contribution.
The Company shall continue until the expiration of the term for which it was formed or until the occurrence of another Event of Dissolution, in which event any remaining Voting Members shall again elect whether to continue the Company pursuant to this Section 12.1.
Notwithstanding any other provision of this Amended and Restated Agreement, no amendment to this Amended and Restated Agreement may without the Unanimous Vote of all Voting Members (i) enlarge the obligations of any Member under this Amended and Restated Agreement or (ii) amend this Section 13.02, Section 13.01, or Section 7.03.
Meetings of the Board of Managers shall be held at least quarterly and shall be held on such dates, at such times and at such places as may be established by and noticed to all members of the Board of Managers and the Voting Members.