Action by Majority Vote. Except as otherwise expressly required by statute, the Certificate of Formation or this Agreement, the act of a majority of the Managers present at a meeting at which a quorum is present shall be the act of the Board of Managers.
Appears in 27 contracts
Samples: Limited Liability Company Operating Agreement (Wendy's Restaurants, LLC), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)
Action by Majority Vote. Except as otherwise expressly required by statutethese by-laws, the Certificate of Formation Incorporation or this Agreementby applicable law, the act vote of a majority of the Managers directors present at a meeting at which a quorum is present shall be the act of the Board of ManagersDirectors.
Appears in 5 contracts
Samples: Merger Agreement (Monterey Capital Acquisition Corp), Merger Agreement (Uqm Technologies Inc), Merger Agreement (Cambium Learning Group, Inc.)
Action by Majority Vote. Except as otherwise expressly required by statute, these By-laws or the Certificate of Formation or this AgreementIncorporation, the act vote of a majority of the Managers Directors present at a meeting at which a quorum is present shall be the act of the Board of ManagersBoard.
Appears in 4 contracts
Samples: Merger Agreement (Churchill Capital Corp II), Merger Agreement (HRG Group, Inc.), Merger Agreement (Spectrum Brands Holdings, Inc.)
Action by Majority Vote. Except as otherwise expressly required by statute, the Certificate of Formation Incorporation or this Agreementthese Bylaws, the act of a majority of the Managers Directors present at a meeting at which a quorum is present shall be the act of the Board of ManagersBoard.
Appears in 3 contracts
Samples: Merger Agreement (Oak Hill Capital Partners L P), Agreement and Plan of Merger (Meristar Hotels & Resorts Inc), Merger Agreement (American Skiing Co /Me)
