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

Proceedings, Quorum and Manner of Acting. In the absence of appropriate resolxxxxx 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. 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.

Appears in 3 contracts

Samples: By Laws (Liberty Variable Investment Trust), By Laws (Liberty Variable Investment Trust), By Laws (Liberty Variable Investment Trust)

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Proceedings, Quorum and Manner of Acting. In the absence of appropriate resolxxxxx resolution of the Board of Trustees, each committee may adopt such rules and regulations governing its proceedings, quorum and manner of acting, acting as it shall deem proper and desirable. In the absence of any member of any such committee, the members thereof present at any meeting, whether or not they constitute a quorum quorum, may appoint a member of the Board of Trustees to act in the place of such absent member.

Appears in 2 contracts

Samples: By Laws (Steinroe Variable Investment Trust), By Laws (Steinroe Variable Investment Trust)

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Proceedings, Quorum and Manner of Acting. In the absence of appropriate resolxxxxx 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. 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.

Appears in 1 contract

Samples: By Laws (Liberty Variable Investment Trust)

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