Common use of Member Voting and Consents Clause in Contracts

Member Voting and Consents. Whenever action is required by this Agreement to be taken by a specified percentage in interest of the Members (or any class or group of Members), such action shall be deemed to be valid if taken upon the written vote or written consent of those Members (or those Members included in such class or group) whose Units represent the specified percentage of the aggregate outstanding Units of all Members (or all Members included in such class or group) at the time.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (TCW Spirit Direct Lending LLC), Limited Liability Company Agreement (TCW Direct Lending VIII LLC), Limited Liability Company Agreement (TCW Direct Lending VIII LLC)

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Member Voting and Consents. Whenever action is required by this Agreement to be taken by a specified percentage in interest of the Members (or any class or group of Members), such action shall be deemed to be valid if properly raised in accordance with this Agreement and taken upon the written vote at a meeting held for such purpose or via written consent of those Members (or those Members included in such class or group) whose Units Shares represent the specified percentage of the aggregate outstanding Units Shares of all Members (or all Members included in such class or group) at the time. Each Member shall be entitled to one vote for each Share held on all matters submitted to a vote of the Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Andalusian Credit Company, LLC)

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Member Voting and Consents. Whenever action is required by this Agreement to be taken by a specified percentage in interest of the Members (or any class or group of Members), such action shall be deemed to be valid if taken upon the written vote or written consent of those Members (or those Members included in such class or group) whose Units represent the specified percentage of the aggregate outstanding Units of all Members (or all Members included in such class or group) at the time.all

Appears in 1 contract

Samples: Limited Liability Company Agreement (TCW Direct Lending LLC)

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