Common use of Approval Requirements Clause in Contracts

Approval Requirements. The Board of Managers may act either through the presence of Managers voting at a meeting or by written consent without a meeting as described in clause (vi) below. In the case of actions taken at a meeting, the affirmative vote of at least a majority of the Managers present in person or by electronic means, as the case may be, and voting at a duly held meeting of the Board of Managers where a quorum is present shall be necessary for any action of the Board of Managers.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (National Fuel Gas Co), Limited Liability Company Agreement (National Fuel Gas Co), Limited Liability Company Agreement (National Fuel Gas Co)

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Approval Requirements. The Board of Managers Directors may act either through the presence of Managers Directors voting at a meeting or by written consent without a meeting as described in clause (vi) below. In the case of actions taken at a meeting, the affirmative vote of at least a majority of the Managers Directors present in person or by electronic means, as the case may be, and voting at a duly held meeting of the Board of Managers Directors where a quorum is present shall be necessary for any action of the Board of ManagersDirectors.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Rosetta Resources Offshore, LLC), Limited Liability Company Agreement (Rosetta Resources Offshore, LLC), Limited Liability Company Agreement (Rosetta Resources Offshore, LLC)

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