Meetings of the Board of Managers. may be conducted in person or by conference telephone facilities. Any action required or permitted to be taken at any meeting of the Board of Managers may be taken without a meeting and without prior notice if such number of Managers sufficient to approve such action pursuant to the terms of this Agreement consent thereto in writing.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Ford Credit Floorplan Corp), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)
Meetings of the Board of Managers. may be conducted in person or by conference telephone facilities. Any action required or permitted to be taken at any meeting of the Board of Managers may be taken without a meeting and without prior notice if such number of Managers sufficient to approve such action pursuant to the terms of this Agreement consent thereto in writing.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables LLC), Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)
Meetings of the Board of Managers. may be conducted in person or by conference telephone facilities. Any action required or permitted to be taken at any meeting of the Board of Managers may be taken without a meeting and without prior notice if such number of Managers sufficient to approve such action pursuant to the terms of this Agreement consent thereto in writing. Notice of any meeting may be waived by any Manager.
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