Common use of Actions by Directors Clause in Contracts

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will act only: (1) by the affirmative vote of a majority of the Directors (which majority will include any requisite number of Independent Directors required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Directors is present either in person or, to the extent consistent with the provisions of the 1940 Act, by conference telephone or other communications equipment by means of which all Persons participating in the meeting can hear each other; or (2) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 Xxx.

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will act only: (1) by the affirmative vote of a majority of the Directors (which majority will include any requisite number of Independent Directors required by the 0000 1000 Xxx) present at a meeting duly called at which a quorum of the Directors is present either in person or, to the extent consistent with the provisions of the 1940 Act, by conference telephone or other communications equipment by means of which all Persons participating in the meeting can hear each other; or (2) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 1000 Xxx.

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will act only: (1) by the affirmative vote of a majority of the Directors (which majority will include include, if applicable, any requisite number of Independent Directors required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Directors is present either in person or, to the extent consistent with the provisions of the 1940 Act, by conference telephone or other communications equipment by means of which all Persons participating in the meeting can hear each other; or (2) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 Xxx.

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will act only: (1) by the affirmative vote of a majority (or other requisite threshold) of the Directors (which majority will include any requisite number of Independent Directors required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Directors is present either in person or, to the extent consistent with the provisions of the 1940 Act, by conference telephone or other communications equipment by means of which all Persons participating in the meeting can hear each other; or (2) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 Xxx.

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will shall act only: (1i) by the affirmative vote of a majority of the Directors (which majority will shall include any requisite number of Independent Directors required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the quorux xx xxx Directors is shall be present either in person or, to the extent consistent with the provisions of if permitted by the 1940 Act, by conference telephone or other communications equipment by means of which all Persons persons participating in the meeting can hear each other; or (2ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 Xxx1940 Act.

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will act only: (1) by the affirmative vote of a majority of the Directors (which majority will include include, if applicable, any requisite number of Independent Directors required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the Directors is present either in person or, to the extent consistent with the provisions of the 1940 Act, by conference telephone or other communications equipment by means of which all Persons participating in the meeting can hear each other; or (2) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 Xxx1940 Act.

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will shall act only: (1i) by the affirmative vote of a majority of the Directors (which majority will shall include any requisite number of Independent Directors required by the 0000 Xxx) present at a meeting duly called at which a quorum of the Directors is shall be present either in person or, to the extent consistent with the provisions of if permitted by the 1940 Act, by conference telephone or other communications equipment by means of which all Persons persons participating in the meeting can hear each other; or (2ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 Xxx.

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will act only: (1) by the affirmative vote of a majority of the Directors (which majority will include include, if applicable, any requisite number of Independent Directors required by the 0000 Xxx1940 Act) present at a meeting duly called at which a quorum of the Directors xxx Xxxxctors is present either in person or, to the extent consistent with the provisions of the 1940 Act, by conference telephone or other communications equipment by means of which all Persons participating in the meeting can hear each other; or (2) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 Xxx1940 Act.

Actions by Directors. (a) Unless provided otherwise in this Agreement, the Directors will shall act only: (1i) by the affirmative vote of a majority of the Directors (which majority will shall include any requisite number of Independent Directors required by the 0000 1000 Xxx) present at a meeting duly called at which a quorum of the Directors is shall be present either in person or, to the extent consistent with the provisions of if permitted by the 1940 Act, by conference telephone or other communications equipment by means of which all Persons persons participating in the meeting can hear each other; or (2ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 0000 1000 Xxx.