Meetings of Managers. (a) The decisions of the Board of Managers shall be taken by meetings to be held in the United States of America. Any Manager may participate in a meeting of the Board of Managers by phone, videoconference, or any other suitable telecommunication means allowing all persons participating in the meeting to hear each other at the same time and such participation in a meeting is deemed equivalent to participation in person at a meeting of the Board of Managers. Any action required or permitted to be taken at any meeting of the Board of Managers may be taken without a meeting, if a majority of the Board of Managers consents thereto in writing. (b) Regular meetings of the Board of Managers may be held without notice at such time and place as shall from time to time be determined by the Board of Managers. (c) Special meetings of the Board of Managers may be called by the President of the Company on forty-eight hours’ notice to each Manager, either personally or by mail. Special meetings shall be called by the President of the Company or the Secretary of the Company in like manner and on like notice on the written request of two Managers.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (McGraw-Hill Global Education LLC), Limited Liability Company Agreement (McGraw-Hill Global Education LLC), Limited Liability Company Agreement (McGraw-Hill Global Education LLC)
