Common use of Unanimous Consent Clause in Contracts

Unanimous Consent. Notwithstanding the foregoing, the following actions shall require the unanimous consent of the Members (or Remaining Members, as the case may be): (a) Any amendment to this Agreement unless a lesser percentage of Sharing Ratios is provided for herein; and (b) The admission of any Assignee as a Member or a new or additional Member (except as otherwise allowed with respect to a Permitted Transferee).

Appears in 3 contracts

Sources: Operating Agreement (Success Acquisition Corp), Operating Agreement (Success Acquisition Corp), Operating Agreement (Success Acquisition Corp)