Common use of MAJORITY ACTIONS Clause in Contracts

MAJORITY ACTIONS. Except where there has been an allocation and delegation of administrative authority pursuant to Section 2.3, if there is more than one Administrator, then they shall act by a majority of their number, but may authorize one or more of them to sign all papers on their behalf.

Appears in 4 contracts

Samples: www.mfs.com, MSC Software Corp, Adoption Agreement (Baldwin Technology Co Inc)

AutoNDA by SimpleDocs

MAJORITY ACTIONS. Except where there has been an allocation and delegation of administrative authority pursuant to Section 2.32.5, if there is shall be more than one Administrator, then they shall act by a majority of their number, but may authorize one or more of them to sign all papers on their behalf.

Appears in 2 contracts

Samples: Aironet Wireless Communications Inc, Telxon Corp

MAJORITY ACTIONS. Except where there has been an allocation and delegation of administrative authority pursuant to Section 2.3, . if there is more than one Administrator, then they shall act by a majority of their number, but may authorize one or more of them to sign all papers on their behalf.

Appears in 1 contract

Samples: Wayne Savings Bancshares Inc /De/

MAJORITY ACTIONS. Except where there has been an allocation and delegation of administrative authority pursuant to Section 2.32.03, if there is shall be more than one Administrator, then they shall act by a majority of their number, but may authorize one or more of them to sign all papers on their behalf.

Appears in 1 contract

Samples: www.usf.edu

AutoNDA by SimpleDocs

MAJORITY ACTIONS. Except where there has been an allocation and delegation of administrative authority pursuant to Section 2.3, if there is shall be more than one Administrator, then they shall act by a majority of their number, but may authorize one or more of them to sign all papers on their behalf.

Appears in 1 contract

Samples: Uwharrie Capital Corp

MAJORITY ACTIONS. Except where there has been an allocation and delegation of administrative authority pursuant to Section 2.32.05, if there is shall be more than one Administrator, then they shall act by a majority of their number, but may authorize one or more of them to sign all papers on their behalf.

Appears in 1 contract

Samples: Fulton Financial (Fulton Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!