PROCEEDINGS OF DIRECTORS. 30.1 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Director. A person who holds office as an alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his appointor is not present, count twice towards the quorum.
Appears in 4 contracts
Samples: Business Combination Agreement (TradeUP Global Corp), Business Combination Agreement (RMG Acquisition Corp. II), Agreement and Plan of Merger (Sonus Networks Inc)
PROCEEDINGS OF DIRECTORS. 30.1 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Director. A person who holds office as an alternate Director shall, if his their appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his their appointor is not present, count twice towards the quorum.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (GLORY STAR NEW MEDIA GROUP HOLDINGS LTD), Agreement and Plan of Merger (Pacifico Acquisition Corp.)
PROCEEDINGS OF DIRECTORS. 30.1 29.1 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Director. A person who holds office as an alternate Alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Alternate Director shall, if his appointor is not present, count twice towards the quorum.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (CF Acquisition Corp. V), Business Combination Agreement (Queen's Gambit Growth Capital)
PROCEEDINGS OF DIRECTORS. 30.1 29.1 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Director. A person who holds office as an alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his appointor is not present, count twice towards the quorum.
Appears in 1 contract
Samples: Merger Agreement and Plan of Reorganization (Hennessy Capital Acquisition Corp IV)
PROCEEDINGS OF DIRECTORS. 30.1 28.1 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be a simple majority of the Directors then in office (subject to there being a minimum of two if there are two or more (2) Directors, and shall be one if there is only one Director). A person who holds office as an alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his appointor is not present, count twice towards the quorum, but one such Director shall not constitute a quorum on his own.
Appears in 1 contract
Samples: Share Purchase Agreement (Bertelsmann SE & Co. KGaA)
PROCEEDINGS OF DIRECTORS. 30.1 28.1 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be a simple majority of the Directors then in office (subject to there being a minimum of two if there are two or more Directors, and shall be one if there is only one Director(2) Directors present). A person who holds office as an alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his appointor is not present, count twice towards the quorum, but one such Director shall not constitute a quorum on his own.
Appears in 1 contract
PROCEEDINGS OF DIRECTORS. 30.1 31.1 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Directora majority of the Directors then in office. A person who holds office as an alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his appointor is not present, count twice towards the quorum.
Appears in 1 contract
Samples: Business Combination Agreement (Magnum Opus Acquisition LTD)
PROCEEDINGS OF DIRECTORS. 30.1 95 The quorum for the transaction of the business of the Directors may be fixed by the Directors, and unless so fixed shall be two if there are two or more Directors, and shall be one if there is only one Directorfour (4). A person who holds office as an alternate Director shall, if his appointor is not present, be counted in the quorum. A Director who also acts as an alternate Director shall, if his appointor is not present, count twice towards the quorum.
Appears in 1 contract
Samples: Shareholders Agreement (Qihoo 360 Technology Co LTD)
