Common use of Proceedings, Quorum and Manner of Acting Clause in Contracts

Proceedings, Quorum and Manner of Acting. In the absence of appropriate resolution of the Board of Trustees, each committee may adopt such rules and regulations governing its proceedings, quorum and manner of acting as it shall deem proper and desirable, provided that the quorum shall not be less than two Trustees except that, in the case of a committee (other than the Executive Committee) consisting of two Trustees, one Trustee shall constitute a quorum unless the Board by resolution specifies that a quorum for that committee shall consist of two Trustees. In the absence of any member of any such committee, the members thereof present at any meeting, whether or not they constitute a quorum, may appoint a member of the Board of Trustees to act in the place of such absent member.

Proceedings, Quorum and Manner of Acting. In the absence of appropriate resolution of the Board of TrusteesManagers, each committee may adopt such rules and regulations governing its proceedings, quorum and manner of acting as it shall deem proper and desirable, provided that the quorum shall not be less than two Trustees Managers except that, in the case of a committee (other than the Executive Committee) consisting of two TrusteesManagers, one Trustee Manager shall constitute a quorum unless the Board by resolution specifies that a quorum for that committee shall consist of two TrusteesManagers. In the absence of any member of any such committee, the members thereof present at any meeting, whether or not they constitute a quorum, may appoint a member of the Board of Trustees Managers to act in the place of such absent member.

Proceedings, Quorum and Manner of Acting. In the absence of appropriate resolution of the Board of Trustees, each committee may adopt such rules and regulations governing its proceedings, quorum and manner of acting as it shall deem proper and desirable, provided that the quorum shall not be less than two Trustees except that, in the case of a committee (other than the Executive Committee) consisting of two Trustees, one Trustee shall constitute a quorum unless the Board by resolution specifies that a quorum for that committee shall consist of two Trustees. In the absence of any member of any such committee, the members thereof present at any meeting, whether or not they constitute a quorum, may appoint a member of the ofthe Board of Trustees to act in the place of such absent member.