Common use of Partnership Governance Committee Quorum and General Voting Requirement Clause in Contracts

Partnership Governance Committee Quorum and General Voting Requirement. The presence of at least one Representative (including any duly present Alternate) of each Designating Partner shall constitute a quorum of the Partnership Governance Committee for the transaction of business and the taking of appropriate Partnership Governance Committee Actions at any meeting. No Partnership Governance Committee Action may be taken at any meeting at which a quorum is not present. Approval of any matter and the taking of any action at any such meeting shall require the affirmative vote or approval of all Representatives (including any duly present Alternates) of each Designating Partner present at such meeting.

Partnership Governance Committee Quorum and General Voting Requirement. The presence of at least one Representative (including any duly present Alternate) of each Designating Partner shall constitute a quorum of the Partnership Governance Committee for the transaction of business and the taking of appropriate Partnership Governance Committee Actions at any meeting. No Partnership Governance Committee Action may be taken at any meeting at which a quorum is not present. present Approval of any matter and the taking of any action at any such meeting shall require the affirmative vote or approval of all Representatives (including any duly present Alternates) of each Designating Partner present at such meeting.