Actions by Trustees Sample Clauses

Actions by Trustees. Unless statute, the charter or By-laws requires a greater proportion, action of a majority of the Trustees present at a meeting at which a quorum is present is action of the Board of Trustees. The results of all voting shall be recorded by the Secretary in the minute book.
AutoNDA by SimpleDocs
Actions by Trustees. A quorum for all meetings of the Trustees shall be a majority of the Trustees then in office. Unless specifically provided otherwise in this Trust Agreement, any action of the Trustees may be taken at a meeting if a quorum is present by vote of a majority of Trustee at the meeting. Any agreement, deed, mortgage, lease or other instrument or writing executed by any one or more of the Trustees and upon the Trust when authorized by action of the Trustees. The Trustees may adopt such additional rules and procedures as they deem appropriate to govern their conduct and to further the orderly administration of the Trust.
Actions by Trustees. The Trustees may act with or without a meeting. A quorum for all meetings of the Trustees shall be a majority of the number of incumbent Trustees, provided that at least a majority of such number are Independent Trustees. Unless specifically provided otherwise in this Declaration, any action of the Trustees may be taken at a meeting by vote of a majority of the Trustees present at such meeting if a quorum is present. Any action of the Trustees taken without a meeting shall be taken pursuant to the consent procedures set forth in Section 9 of this Article IV. Any agreement, deed, mortgage, lease or other instrument or writing executed by any one or more of the Trustees or by any one or more authorized persons or by mortgage servicers as agents for the Trust shall be valid and binding upon the Trustees and upon the Trust when authorized by action of the Trustees.
Actions by Trustees. The Trustees may act with or without a meeting. A quorum for all meetings of the Trustees shall be a majority of the Trustees. Affiliated Trustees may be counted in determining the presence of a quorum at a meeting of the Trustees. Except as provided below in this Section 2.6 or in Section 7.6 hereof, any action of the Trustees may be taken at a meeting by vote of a majority of the Trustees present (a quorum being present) or without a meeting by written consents of a majority of the Trustees, which consents shall be filed with the records of meetings of the Trustees. Every act or decision done or made by a majority of the Trustees present at a meeting duly held at which a quorum is present shall be the act of the Trustees. Any action or actions permitted to be taken by the Trustees in connection with the business of the Trust may be taken pursuant to authority granted by a meeting of the Trustees conducted by a telephone conference call, and the transaction of Trust business represented thereby shall be of the same authority and validity as if transacted at a meeting of the Trustees held in person or by written consent. The minutes of any Trustees' meeting held by telephone shall be prepared in the same manner as a meeting of the Trustees held in person. Any agreement, Mortgage or other instrument or writing executed by one or more of the Trustees or by any authorized Person shall be valid and binding upon the Trustees and upon the Trust when authorized or ratified by action of the Trustees or as provided in the Trustees' Regulations. With respect to the actions of the Trustees, Trustees who have, or are Affiliates of Persons who have, any direct or indirect interest in or connection with any matter being acted upon may be counted for all quorum purposes under this Section 2.6 and, subject to the provisions of Section 7.6, may vote on the matter as to which they or their Affiliates have such interest or connection. Approval of the following transactions shall require the approval of a committee consisting of at least one Unaffiliated Trustee and at least two Affiliated Trustees: (i) transactions between the Trust (including any subsidiaries of the Trust) and ART and any of ART's Affiliates and other related persons (other than transactions between related parties pursuant to a new advisory agreement which has been approved or ratified by the holders of a majority of the outstanding shares of beneficial interest of EQK, including holders of a majority of t...
Actions by Trustees. The Trustees may act with or without a meeting. Unless specifically provided otherwise in this Declaration or in any amendment hereto, any action of the Trustees may be taken at a meeting by vote of a majority of the Trustees or without a meeting by written consent of a majority of the Trustees.
Actions by Trustees. 9 2.7 Certification of Changes in Trustees..............................9 2.8 Committees.......................................................10
Actions by Trustees. The trustees shall hold at least four meetings per year. The Trustees may act with or without a meeting. The presence of at least 75% of the Board of Trustees then in office, the majority of which shall be Independent Trustees, shall be necessary to constitute a quorum for the transaction of business, except to adjourn a meeting. Every act or decision done or made by the affirmative vote of at least a majority of the Board of Trustees at a meeting duly held at which a quorum is present shall be regarded as an act of the Board of Trustees unless a greater number is required by law or by the By-Laws or by this Declaration of Trust. If at any time more than one vacancy exists on the Board of Trustees, a quorum of the Board of Trustees shall not exist unless and until such vacancies are filled so that no more than one vacancy exists on the Board of Trustees. Any agreement, deed, mortgage, lease or other instrument of writing executed by any one or more of the Trustees or by any one or more authorized persons shall be valid and binding upon the Trustees and upon the Trust when authorized by action of the Trustees."
AutoNDA by SimpleDocs
Actions by Trustees. Except when a specific provision of this Agreement requires otherwise, all actions by the Trustees shall be taken by a majority vote of the Trustees; provided, however, that a unanimous vote of the Trustees shall be required if there shall be only two Trustees serving. A Trustee may vote in person or by proxy.
Actions by Trustees. The term "Electrical Training Network Trust Fund" may be used to designate the Trustees collectively and all instruments may be executed by them upon the signature of such Trustees or other persons whom the Trustees may designate for that purpose.
Actions by Trustees. Except as otherwise expressly set forth in this Agreement, all decisions and determinations by the Trustees in the performance of their duties or any other action under this Agreement shall be made by the vote of a majority of the Trustees then in office (not simply a majority of the Trustees who do vote) following prior written notice to all Trustees.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!