Common use of Member Quorum Clause in Contracts

Member Quorum. Except as otherwise provided by law, the presence, in person or by proxy, of the holders of a majority of the total voting power shall be requisite and shall constitute a quorum at all meetings of the Members. When a quorum is present at any meeting, the vote of the holders of a majority of the voting power present, in person or represented by proxy, shall decide any question brought before such meeting, unless the question is one upon which, by express provision of law or otherwise, a different vote is required, in which case such express provision shall govern and control the decision of such question.

Member Quorum. Except as otherwise provided by law, the presence, in person or by proxy, of Of the holders of a majority of the total voting power shall be requisite and shall constitute a quorum at all meetings of the Members. When a quorum is present at any meeting, the vote of the holders of a majority of the voting power present, in person or represented by proxy, shall decide any question brought before such meeting, unless the question is one upon which, by express provision of law or otherwise, a different vote is required, in which case such express provision shall govern and control the decision of such question.