Action by the Board. (a) All actions of the Board shall require the affirmative vote of a majority of the Managers. (b) Meetings of the Board may be conducted in person or by conference telephone facilities. Any action required or permitted to be taken at any meeting of the Board may be taken without a meeting if such number of Managers sufficient to approve such action pursuant to the terms of this Agreement consent thereto in writing.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (MRS Fields Financing Co Inc), Limited Liability Company Operating Agreement (Quinlan Jim Chevrolet Co), Limited Liability Company Operating Agreement (Quinlan Jim Chevrolet Co)