Board Meetings; Notice. The Board shall hold meetings at such places and times as shall be determined by the Board or the Member. The presence of a majority of the Directors then appointed at a meeting of the Board shall constitute a quorum. A quorum must exist at all times of a meeting, including the reconvening of any meeting that has been adjourned, for any action taken at such meeting to be valid. All decisions and actions of the Board shall be taken by a majority of the Directors present at such meeting at which a quorum exists in order for such decision or action to be valid. Notice of each meeting of the Board shall be given by the person or persons calling the meeting at least twenty-four (24) hours before the meeting.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Verso Androscoggin LLC), Limited Liability Company Agreement (Verso Androscoggin LLC), Limited Liability Company Agreement (Verso Androscoggin LLC)
Board Meetings; Notice. The Board shall hold meetings at such places and times as shall be determined by the Board or the MemberMembers. The presence of a majority of the Directors then appointed at a meeting of the Board shall constitute a quorum. A quorum must exist at all times of a meeting, including the reconvening of any meeting that has been adjourned, for any action taken at such meeting to be valid. All decisions and actions of the Board shall be taken by a majority of the Directors present at such meeting at which a quorum exists in order for such decision or action to be valid. Notice of each meeting of the Board shall be given by the person or persons calling the meeting at least twenty-four (24) hours before the meeting.
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Samples: Limited Liability Company Agreement (Verso Androscoggin LLC)