Common use of Actions by the Board of Directors Clause in Contracts

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 Xxx) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one another) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 Xxx. (b) The Board of Directors may designate from time to time a Principal Director who shall preside at all meetings. Meetings of the Board of Directors may be called by the Principal Director or by any two Directors, and may be held on such date and at such time and place as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 XxxInvestment Company Act) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in person in‑person attendance is not required by the 1940 Investment Company Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 XxxInvestment Company Act. (b) The Board of Directors may designate from time to time a Principal principal Director who shall preside at all meetingsmeetings (the “Chair”). Meetings of the Board of Directors may be called by the Principal Director Chair or by any two DirectorsDirectors or by any person designated by the Board of Directors as the Fund’s corporate secretary or assistant secretary, and may be held on such date and at such time and place place, as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice provided he or who she shall execute a written waiver of notice with respect to the meeting or shall affirmatively state such waiver of notice for the purpose of recording the same in the minutes of the proceedings to be maintained with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in person in‑person attendance at a meeting is required by the 1940 Investment Company Act. A majority of the Directors shall constitute a quorum at any meeting.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 0000 Xxx) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in in-person attendance is not required by the 1940 Act, by telephone or other by similarly interactive electronic means by which all persons entitled to vote at the meeting my hear one anothermedia) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 0000 Xxx. (b) The Board of Directors may designate from time to time a Principal principal Director who shall preside at all meetingsmeetings (the “Chair”). Meetings of the Board of Directors may be called by or at the Principal Director direction of the Chair or by or at the direction of any two Directors, and may be held on such date and at such time and place as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. . (c) Directors may attend and participate in any meeting by telephone or other by similarly interactive electronic means media except where in in-person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 XxxInvestment Company Act) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in person attendance is not required by the 1940 Investment Company Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 XxxInvestment Company Act. (b) The Board of Directors may designate certain powers from time to time a Principal Director who shall preside at all meetings. Meetings of the Board of Directors may be called by the Principal Director or by any two Directors, and may be held on such date and at such time and place as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in person attendance at a meeting is required by the 1940 Investment Company Act. A majority of the Directors shall constitute a quorum at any meeting.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 XxxInvestment Company Act) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in person attendance is not required by the 1940 Investment Company Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 XxxInvestment Company Act. (b) The Board of Directors may designate certain powers from time to time to a Principal Director who shall preside at all meetings. Meetings of the Board of Directors may be called by the Principal Director or by any two Directors, and may be held on such date and at such time and place as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in person attendance at a meeting is required by the 1940 Investment Company Act. A majority of the Directors shall constitute a quorum at any meeting.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 0000 Xxx) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in in-person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 Xxx1940 Act. (b) The Board of Directors may designate from time to time a Principal principal Director who shall preside at all meetingsmeetings (the "Principal Director"). Meetings of the Board of Directors may be called by the Principal Director or by any two Directors, and may be held on such date and at such time and place place, as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in in-person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting. (c) Each instance that the Investment Fund requests the Company to vote in its capacity as a limited partner of the Investment Fund, the Company will notify each Member of the vote (including in such notice a copy of any notice received by the Company from the Investment Fund) and request each Member to vote for, against, or abstain with respect to the matter proposed. The notice given by the Company shall provide each Member not less than twenty Business Days to notify the Company of its vote. In the event that a Member does not respond within such notice period, its vote will be disregarded. The Company shall then vote its interest in the Investment Fund under Section 3.3(d) hereof in accordance with the responses received from Member pursuant to this Section 3.2(c). If the Company receives no responses to a request, it will abstain from the related vote.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 Xxx1940 Act) present at a meeting duly called at which a quorum of xxxxxx xf the Directors shall be present (in person or, if in person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 Xxx1940 Act. (b) The Board of Directors may designate from designaxx xxxx time to time a Principal Director who shall preside at all meetingsmeetings of the Board of Directors. Meetings of the Board of Directors may be called by the Principal Director or by any two Directors, and may be held on such date and at such time and place as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in in-person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting, except with respect to matters which require unanimous consent under the laws of the State of Illinois.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 0000 Xxx) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in in-person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 0000 Xxx. (b) The Board of Directors may designate from time to time a Principal principal Director who shall preside at all meetingsmeetings (the “Chair”). Meetings of the Board of Directors may be called by the Principal Director Chair or by any two DirectorsDirectors or by any person designated by the Board of Directors as the Company’s corporate secretary or assistant secretary, and may be held on such date and at such time and place place, as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice provided he or who she shall execute a written waiver of notice with respect to the meeting or shall affirmatively state such waiver of notice for the purpose of recording the same in the minutes of the proceedings to be maintained with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in in-person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 Xxx1940 Act) present at a meeting duly called at xxxxxx xt which a quorum of the Directors shall be present (in person or, if in person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 Xxx1940 Act. (b) The Board of Xxxxx xx Directors may designate from time to time a Principal Director Chairman who shall preside at all meetings. Meetings of the Board of Directors may be called by the Principal Director Chairman or by any two Directors, and may be held on such date and at such time and place place, as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting. (c) The Board may designate from time to time agents and employees of the Company who shall have the same powers and duties on behalf of the Company (including the power to bind the Company) as are customarily vested in officers of a Delaware corporation, and designate them as officers of the Company.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 0000 Xxx) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in in-person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 0000 Xxx. (b) The Board of Directors may designate from time to time a Principal principal Director who shall preside at all meetingsmeetings (the “Principal Director”). Meetings of the Board of Directors may be called by the Principal Director or by any two Directors, and may be held on such date and at such time and place place, as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in in-person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 Xxx1940 Act) present at a meeting duly called at which a quorum x xxxxxx of the Directors shall be present (in person or, if in person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 Xxx1940 Act. (b) The Board of Directors may designate from desigxxxx xxxm time to time a Principal Director who shall preside at all meetingsmeetings of the Board of Directors. Meetings of the Board of Directors may be called by the Principal Director or by any two Directors, and may be held on such date and at such time and place as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in in-person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting, except with respect to matters which require unanimous consent under the laws of the State of Illinois.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 Xxx1940 Act) present at a meeting duly called at which a quorum of qxxxxx xx the Directors shall be present (in person or, if in person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 Xxx1940 Act. (b) The Board of Directors may designate from time designatx xxxx xime to time a Principal Director who shall preside at all meetingsmeetings of the Board of Directors. Meetings of the Board of Directors may be called by the Principal Director or by any two Directors, and may be held on such date and at such time and place as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice or who shall execute a written waiver of notice with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in in-person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting, except with respect to matters which require unanimous consent under the laws of the State of Illinois.

Actions by the Board of Directors. (a) Except as otherwise required by the 1940 Act and unless Unless provided otherwise in this Agreement, the Board of Directors shall act only: (i) by the affirmative vote of a majority of the Directors (including the vote of a majority of the Independent Directors if required by the 1000 0000 Xxx) present at a meeting duly called at which a quorum of the Directors shall be present (in person or, if in in-person attendance is not required by the 1940 Act, by telephone or other electronic means by which all persons entitled to vote at the meeting my hear one anothertelephone) or (ii) by unanimous written consent of all of the Directors without a meeting, if permissible under the 1000 Xxx. (b) 1940 Act. The Board of Directors may designate from time to time a Principal principal Director who shall preside at all meetingsmeetings (the “Chair”). Meetings of the Board of Directors may be called by the Principal Director Chair or by any two DirectorsDirectors or by any person designated by the Board of Directors as the Company’s corporate secretary or assistant secretary, and may be held on such date and at such time and place place, as the Board of Directors shall determine. Each Director shall be entitled to receive written notice of the date, time and place of such meeting within a reasonable time in advance of the meeting. Except as otherwise required by the 1940 Act, notice Notice need not be given to any Director who shall attend a meeting without objecting to the lack of notice provided he or who she shall execute a written waiver of notice with respect to the meeting or shall affirmatively state such waiver of notice for the purpose of recording the same in the minutes of the proceedings to be maintained with respect to the meeting. Directors may attend and participate in any meeting by telephone or other electronic means except where in in-person attendance at a meeting is required by the 1940 Act. A majority of the Directors shall constitute a quorum at any meeting.