Common use of Action Without Meeting; Telephone Meetings Clause in Contracts

Action Without Meeting; Telephone Meetings. Unless otherwise restricted by the Certificate of Formation or this Agreement, any action required or permitted to be taken at any meeting of the Board may be taken without a meeting upon written Unanimous Consent of the Board. Any one or more Directors on the Board and the Chief Executive Officer of the Company shall be entitled to participate in a meeting of the Board by means of a conference telephone or similar communications equipment allowing all persons participating in the meeting to hear each other at the same time. Participation by such means shall constitute presence in person at a meeting.

Action Without Meeting; Telephone Meetings. Unless otherwise restricted by the Certificate of Formation or this Agreement, any action required or permitted to be taken at any meeting of the Board may be taken without a meeting upon written Unanimous Consent of the Boardif consented to in writing by all Directors. Any one or more Directors on Directors, the Board Co-Chairmen and the Chief Executive Officer President of the Company shall be entitled to participate in a meeting of the Board by means of a conference telephone or similar communications equipment allowing all persons participating in the meeting to hear each other at the same time. Participation by such means shall constitute presence in person at a meeting.

Action Without Meeting; Telephone Meetings. Unless otherwise restricted by the Certificate of Formation or this Agreement, any action required or permitted to be taken at any meeting of the Board may be taken without a meeting upon written Unanimous Consent of the Boardif at least one Class A Director, one Class B Director and one Class C Director consent thereto in writing. Any one or more Directors on the Board and the Chief Executive Officer of the Company shall be entitled to participate in a meeting of the Board by means of a conference telephone or similar communications equipment allowing all persons participating in the meeting to hear each other at the same time. Participation by such means shall constitute presence in person at a meeting.