Approval Requirements. Subject to Section 6.4.1 (relating --------------------- to Major Decisions), consent or approval of the Board of Directors or its committees shall mean the affirmative vote of a majority of the votes of the members of the Board of Directors or such committees present in person or by telephone, as applicable, and voting at a duly held meeting of the Board of Directors or its committees.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Petro Holdings Financial Corp), Limited Partnership Agreement (Petro Stopping Centers L P)
Approval Requirements. Subject to Section 6.4.1 (relating --------------------- to Major Decisions), consent or approval of the Board of Directors or its committees shall mean the affirmative vote of a majority of the votes of the members of the Board of Directors or such committees present in person or by telephone, as applicable, and voting at a duly held meeting of the Board of Directors or its committees.
Appears in 1 contract
Approval Requirements. Subject to Section 6.4.1 6.6.1 (relating --------------------- to Major Decisionsmajor decisions), consent or approval of the Board of Directors or its committees shall mean the affirmative vote of a majority of the votes of the members of the Board of Directors or such committees present in person or by telephone, as applicable, and voting at a duly held meeting of the Board of Directors or its committees.
Appears in 1 contract
Samples: Limited Partnership Agreement (Petro Stopping Centers L P)
