Common use of Acts of Board Clause in Contracts

Acts of Board. Except as otherwise required by law or specified in the Articles of Organization of the Company or a member control agreement, the Board shall take action by the affirmative vote of a majority of the governors present at a duly held meeting.

Appears in 6 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement (Red Trail Energy, LLC)

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Acts of Board. Except as otherwise required by law or specified in the Articles of Organization of the Company or a member control agreementlaw, the Board shall take action by the affirmative majority vote of a majority the entire Board of the governors present at a duly held meetingManagers.

Appears in 2 contracts

Samples: Operating Agreement (Land O Lakes Inc), Operating Agreement (Land O Lakes Inc)

Acts of Board. Except as otherwise required by law or specified in the Articles of Organization of the Company or a member control agreementMember Control Agreement, the Board shall take action by the affirmative vote of a majority of the governors present at a duly held meeting.

Appears in 2 contracts

Samples: Operating Agreement (Agassiz Energy, LLC), Operating Agreement (Agassiz Energy, LLC)

Acts of Board. Except as otherwise required by law or specified in the Articles of Organization of the Company or a member control agreementMember Control Agreement, the Board shall take action by the affirmative vote of a majority of the governors present at a duly held meeting.

Appears in 1 contract

Samples: Operating Agreement (Golden Growers Cooperative)

Acts of Board. Except as otherwise required by law or specified in the Articles of Organization of the Company or a member control agreementCompany, the Board shall take action by the affirmative vote of a majority of the governors present at a duly held meeting.

Appears in 1 contract

Samples: Operating Agreement

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Acts of Board. Except as otherwise required by law or specified in the Articles of Organization of the Company or a member control agreementlaw, the Board shall take action by the affirmative majority vote of a majority the entire Board of the governors present at a duly held meetingGovernors.

Appears in 1 contract

Samples: Operating Agreement (Land O Lakes Inc)

Acts of Board. Except as otherwise required by law or specified in the Articles of Organization of the Company Certificate or a member control agreementthis Agreement, the Board shall take action by the affirmative vote of a majority of the governors present Governors present, in person or by telephone, at a duly held meeting.

Appears in 1 contract

Samples: Limited Liability Company Agreement (WPT Enterprises Inc)

Acts of Board. Except as otherwise required by law or specified in the Articles of Organization of the Company or a in any member control agreement, the Board shall take action by the affirmative vote of a majority of the governors present at a duly held meeting.

Appears in 1 contract

Samples: Operating Agreement (Taylor Investment Corp /Mn/)

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