Absent Governors. A governor of the Company may give advance written consent or opposition to a proposal to be acted on at a Board meeting. If the governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor has consented or objected.
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Samples: Operating Agreement, Operating Agreement (Agassiz Energy, LLC), Operating Agreement (Agassiz Energy, LLC)
Absent Governors. A governor who is unable to attend a meeting of the Company Board of Governors may give advance written consent or opposition to a proposal to be acted on at a Board the meeting. If the governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor has consented or objected.
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Samples: Bylaws (Aspirity Holdings LLC), Bylaws (Twin Cities Power Holdings, LLC), Operating Agreement (BMCT Equipment Company, L.L.C.)
Absent Governors. A governor Governor of the Company may give advance written consent or opposition to a proposal to be acted on at a Board meeting. If the governor Governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor Governor has consented or objected.
Appears in 2 contracts
Samples: Operating Agreement (Taylor Investment Corp /Mn/), Operating Agreement (Taylor Investment Corp /Mn/)
Absent Governors. A governor of the Company may give advance written consent or opposition to a proposal to be acted on at a the Board meeting. If the governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor has consented or objected.
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Absent Governors. A governor of the Company may give advance written consent or opposition to a proposal to be acted on at a Board meeting. If the governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum. However, but consent or opposition shall be counted as a vote of a governor present at the meeting in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor has consented or objected.
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Absent Governors. A governor Governor of the Company may give advance written consent or opposition to a proposal to be acted on at a Board meetingmeeting of the Board. If the governor Governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor Governor has consented or objected.
Appears in 1 contract
Samples: Limited Liability Company Agreement (WPT Enterprises Inc)