Common use of Managing Member Clause in Contracts

Managing Member. Unless otherwise expressly provided in this Agreement, the Managing Member or any of its Affiliates who hold any Interests shall not be entitled to vote in its capacity as holder of such Interests on matters submitted to the Members for approval, and no such Interests shall be deemed Outstanding for purposes of any such vote.

Appears in 51 contracts

Samples: Limited Liability Company Agreement (Neptune REM, LLC), Limited Liability Company Agreement (Casa Shares Assets, LLC), Limited Liability Company Agreement (Vestible Assets, LLC)

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Managing Member. Unless otherwise expressly provided in this Agreement, none of the Managing Member Member, any Manager or any of its their Affiliates who hold any Interests Shares shall not be entitled to vote in its capacity as holder of such Interests Shares on matters submitted to the Members for approval, and no such Interests Shares shall be deemed Outstanding for purposes of any such vote.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (StartEngine Collectibles Fund I LLC), Limited Liability Company Agreement (StartEngine Collectibles Fund II LLC), Limited Liability Company Agreement (StartEngine Collectibles Fund I LLC)

Managing Member. Unless otherwise expressly provided in this Agreement, the Managing Member or any of its Affiliates who hold any Interests shall not be entitled to vote in its capacity as holder of such Interests on matters submitted to the Members for approval, and no such Interests shall be deemed Outstanding for purposes of any such vote.. - 40 -

Appears in 9 contracts

Samples: Limited Liability Company Agreement (RSE Collection, LLC), Limited Liability Company Agreement (RSE Portfolio, LLC), Limited Liability Company Agreement (RSE Portfolio, LLC)

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Managing Member. Unless otherwise expressly provided in this Agreement, the Managing Member or any of its Affiliates who hold any Interests shall not be entitled to vote in its capacity as holder of such Interests on matters submitted to the Members for approval, and no such Interests shall be deemed Outstanding for purposes of any such vote.. - 41 -

Appears in 1 contract

Samples: Limited Liability Company Agreement (RSE Archive, LLC)

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