Common use of Quorum and Majorities Clause in Contracts

Quorum and Majorities. Except for those cases in which this Agreement requires a decision to be made by a Qualified Majority of the Steering Committee (see Article 1.18), decisions shall be made by a two/third (2/3) majority of those Steering Committee Members present, provided that a Quorum is present.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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