Common use of Decisions by Members Clause in Contracts

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the Members.

Appears in 225 contracts

Samples: Limited Liability Company Operating Agreement (Sibannac, Inc.), Operating Agreement, Limited Liability Company Operating Agreement

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Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority majority of the Members.

Appears in 51 contracts

Samples: Insert State Here] Operating Agreement, Insert State Here] Operating Agreement, District of Columbia Operating Agreement

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the Common Unit Holders Members.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the MembersManager.

Appears in 1 contract

Samples: Operating Agreement (Tulsa Real Estate Fund, LLC)

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, judgement or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, judgment or action shall mean a Majority majority of the Members.

Appears in 1 contract

Samples: Operating Agreement

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Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of unanimous approval by the Members.

Appears in 1 contract

Samples: Operating Agreement

Decisions by Members. Whenever in this Agreement reference is made to the decision, consent, approval, judgment, or action of the Members, unless otherwise expressly provided in this Agreement, such decision, consent, approval, judgment, or action shall mean a Majority of the Members, unless such authority is conferred to a specific officer by prior unanimous vote of the Members.

Appears in 1 contract

Samples: Operating Agreement

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