Common use of Quorum Clause in Contracts

Quorum. A majority of the Percentage Ownership of the Company, represented in person or by proxy, shall constitute a quorum at any meeting of Members; provided, that if less than a majority of the Percentage Ownership are represented at said meeting, a majority of the Percentage Ownership so represented may adjourn the meeting from time to time without further notice.

Appears in 65 contracts

Samples: Limited Liability Company Agreement (NPMC Holdings, LLC), Operating Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC)

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Quorum. A majority of the Percentage Ownership percentage ownership of the Company, represented in person or by proxy, shall constitute a quorum at any meeting of Members; provided, that if less than a majority of the Percentage Ownership percentage ownership are represented at said meeting, a majority of the Percentage Ownership percentage ownership so represented may adjourn the meeting from time to time without further notice.

Appears in 28 contracts

Samples: Limited Liability Company Agreement (Lawton Surgery Investment Company, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC)

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Quorum. A majority of the Percentage Ownership percentage ownership of the Company, Company represented in person or by proxy, shall constitute a quorum at any meeting of Members; provided, that if less than a majority of the Percentage Ownership percentage ownership are represented at said meeting, a majority of the Percentage Ownership percentage ownership so represented may adjourn the meeting from time to time without further notice.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NPMC Holdings, LLC), Limited Liability Company Agreement (NPMC Holdings, LLC)

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