Board Quorum. No business may be transacted at a Board meeting unless a Board Quorum is present.
Board Quorum. At all meetings of the Board of Directors, (i) during the Titanium Period, except as contemplated by the Series B Preferred Unit Designation, all of the Directors must be present at a meeting in order to constitute a quorum for the transaction of business and (ii) during the Silver Period, a majority of the Directors must be present at a meeting in order to constitute a quorum for the transaction of business. At all meetings of any committee of the Board of Directors, the presence of (i) during the Titanium Period, all of the members of such committee shall constitute a quorum and (ii) during the Silver Period, a majority of the members of such committee shall constitute a quorum. In the event that any Silver Director is not able to attend a meeting of the Board of Directors or any committee thereof, the Silver Member may, by notice sent prior to the time of such meeting, appoint an alternate to attend such meeting in the stead of a Silver Director, and such alternate shall have all the same rights, privileges and obligations at such meeting, including as to voting, as a Silver Director. In the event that any Titanium Director is not able to attend a meeting of the Board of Directors or any committee thereof, the Titanium Family Group may, by notice sent prior to the time of such meeting, appoint an alternate to attend such meeting in the stead of a Titanium Director, and such alternate shall have all the same rights, privileges and obligations at such meeting, including as to voting, as a Titanium Director. During the Titanium Period, except as set forth in the Series B Preferred Unit Designation, all actions by the Board or a committee must be by unanimous vote in order to constitute an act of the Board or a committee. During the Silver Period, all actions by the Board or a committee must be by majority vote of the Directors present at a meeting where a quorum is present in order to constitute an act of the Board or a committee. If a quorum shall not be present at any meeting of the Board of Directors or any committee, a majority of the Directors or members, as the case may be, present thereat (which must include at least one (1) Silver Director and at least one (1) Titanium Director during the Titanium Period) may adjourn the meeting from time to time without further notice other than announcement at the meeting.
Board Quorum.
1. The Minister agrees, pending any regulation so to provide, to direct the Board that a quorum at any meeting should be seven members including (if deputies to members are provided for) deputies for any absent members and that more than half the number of members counted toward such quorum must be Aboriginal Owners appointed pursuant to s. 71AN(3)(a) including (if deputies
2. The Minister also agrees pending any regulation so to provide, to direct the Board that any person who is obliged to be absent, temporarily, from any meeting as a result of the application of clause 10.15 shall continue to be counted, during such absence, toward the existence of a quorum.
Board Quorum. The Board shall have no power to transact business at any meeting of the Board unless a quorum is present. A quorum for a meeting of the Board shall be a majority of the Directors.
Board Quorum. A quorum for the transaction of business by the directors shall be set forth in the Bylaws.
Board Quorum. The presence of at least four (4) Directors, including at least two (2) Iveco Directors and two (2) Nikola Directors, constitutes a quorum for the transaction of business by the Board. If a quorum is not present within 60 minutes from the time a Board meeting is scheduled to begin or if during a Board meeting there shall no longer be a quorum, such Board meeting must be adjourned for a period of not less than three (3) calendar days and not more than seven (7) calendar days, the actual time and date to be determined by the Chairman.
Board Quorum. A majority of the Managers currently holding office shall be necessary to constitute a quorum for the transaction of business. In the absence of a quorum, a majority of the Managers present may adjourn a meeting from time to time without further notice until a quorum is present. If a quorum is present when a duly called or held meeting is convened, the Managers present may continue to transact business until adjournment even though the withdrawal of a number of Managers originally present at such meeting leaves less than the proportion or number of Managers otherwise required for a quorum.
Board Quorum. (a) No matter or business may be transacted at a meeting of directors of either Company unless a quorum of directors is present at the time the matter or business is dealt with (including, for the avoidance of doubt, at the time the relevant Board votes on any resolution proposed in respect to that matter or business).
(b) Subject to clause 6.10, the quorum for a meeting of either Board is at least one director appointed by each Major Shareholder (who is not a Singapore Nominee) present in person or by any telephonic or electronic means permitted by the Constitutions.
(c) If a quorum is not present at a Board meeting within 2 hours of the time appointed for that Board meeting, the relevant meeting must be adjourned for a period of at least 24 hours (First Adjourned Board Meeting), with notice to be Shareholders agreement page 12 24 General given immediately (and in any event at least 24 hours before the scheduled time) to all directors of the time and place for the First Adjourned Board Meeting.
(d) If a quorum is not present at the First Adjourned Board Meeting, the First Adjourned Board Meeting must be adjourned until the next Business Day following a period of at least 10 days (Second Adjourned Board Meeting). At least 10 days’ notice must be given to all directors of the time and place for the Second Adjourned Board Meeting.
(e) If a quorum is not present at the Second Adjourned Board Meeting, without limiting a party’s rights under any other provision of this agreement, the Board will reconvene at the next scheduled Board meeting or as otherwise agreed.
(f) For the avoidance of doubt, in no circumstances may the Board pass a Super Resolution unless a quorum meeting the requirements in clause 6.1(b) (as modified where applicable by clause 6.10) is present.
Board Quorum. At all meetings of the Board, a majority of the Board members shall constitute a quorum for the transaction of business, and the acts of the majority of the members present at the meeting at which a quorum is present shall be the acts of the Board. If, at any meeting of the Board, there be less than a quorum present, the majority of those present may adjourn the meeting from time to time. At such adjourned meeting, any business which might have been transacted at the meeting as originally called may be transacted without further notice.
Board Quorum. 1 A quorum at any meeting of the Board will be seven members including (if Deputies to members are provided for) Deputies for any absent members and that more than half the number of members counted toward such quorum must be Aboriginal Owners appointed pursuant to s. 71AN(3)(a) including (if Deputies to such members are provided for) Deputies for any such absent Aboriginal Owner members. 2 Pending any regulation so to provide, any person who is obliged to be absent, temporarily, from any meeting as a result of the application of clause 13.4.1(d) must continue to be counted, during such absence, toward the existence of a quorum. To make a proper decision, the Board must have at least 7 members (or their deputies) present, of which at least 4 have to be Aboriginal Owner members (or their deputies). If one of the members is temporarily out of the meeting because they have a conflict of interest in a matter, they can still be counted as part of the minimum number required at the meeting although they can’t vote.
