Common use of Quorum and Acts of the Board Clause in Contracts

Quorum and Acts of the Board. At all Board meetings, a quorum shall consist of those Managers present who represent at least a majority of the total number of members that have appointed a Manager. Except as otherwise provided in Section 7 of this Article or any other provision of this Agreement, the act of a majority of the Managers present at any meeting at which there is a quorum shall be the act of the Board. If a quorum shall not be present at a Board meeting, the Managers present at the meeting may adjourn the meeting, until a quorum can be present. Any action required or permitted to be taken at any meeting of the Board may be taken without a meeting, if a majority of the Board members consent in writing, and the writing or writings are filed with the minutes of Board proceedings.