Common use of Committee Rules Clause in Contracts

Committee Rules. Each committee of the Board of Directors may fix its own rules of procedure and shall hold its meetings as provided by such rules, except as may otherwise be provided by a resolution of the Board of Directors designating such committee.

Committee Rules. Each committee of established by the Board of Directors may fix its own rules of procedure and shall hold its meetings as provided by such rules, except as may otherwise be provided by a the resolution of the Board of Directors designating creating such committee. Unless otherwise provided in the resolution creating such committee, the presence of at least a majority of the committee members shall be necessary to constitute a quorum, and the majority vote of the committee members present, in Person or by proxy, at a meeting at which a quorum is present shall be the act of such committee.

Committee Rules. Each committee of the Board board of Directors directors may fix its own rules of procedure and shall hold its meetings as provided by such rules, except as may otherwise be provided by a the resolution of the Board board of Directors directors designating such committee, but in all cases the presence of at least a majority of the members of such committee shall be necessary to constitute a quorum.

Committee Rules. Each committee of the Board of Directors may fix its own rules of procedure and shall hold its meetings as provided by such rules, except as may otherwise be provided by a resolution of the Board of Directors designating such committee, but in all cases the presence of at least a majority of the members of such committee shall be necessary to constitute a quorum.