Common use of Quorum and Manner of Acting Clause in Contracts

Quorum and Manner of Acting. One-third of the entire Board of Directors shall constitute a quorum for the transaction of business and, except as otherwise provided by law, by the Certificate of Incorporation or these By-Laws, the act of a majority of the directors present at a meeting at which a quorum is present shall be the act of the Board of Directors. In the absence of a quorum, a majority of the directors present at the time and place of any meeting may adjourn the meeting from time to time until a quorum be present, and notice of any adjourned meeting need not be given.

Appears in 3 contracts

Samples: Graybar Electric Co Inc, Graybar Electric Co Inc, Graybar Electric Co Inc

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Quorum and Manner of Acting. One-third A majority of the entire Board of Directors then in office shall constitute a quorum for the transaction of business and, except as otherwise provided by law, by the Certificate of Incorporation or these By-Laws, the act of a majority business. If at any meeting of the directors present at a meeting at which Directors there shall be less than a quorum is present shall be the act of the Board of Directors. In the absence of a quorumpresent, a majority of the directors those present at the time and place of any meeting may adjourn the meeting from time to time until a quorum shall be present, and notice obtained. Notice of any an adjourned meeting need not be given. The act of the majority of the Directors present at any meeting at which there is a quorum shall be the act of the Directors, except as may be otherwise specifically provided by law or by the Declaration of Trust or by these By-Laws.

Appears in 2 contracts

Samples: Commonfund Institutional Funds, Commonfund Institutional Funds

Quorum and Manner of Acting. One-third The presence of a majority of the entire Board authorized number of Directors shall be necessary and sufficient to constitute a quorum for the transaction of business andat any meeting of the Board. If a quorum shall not be present at any meeting of the Board, except as otherwise provided a majority of the Directors present thereat may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present. Except where a different vote is required by law, by the Certificate of Incorporation or these By-Laws, the act of a majority of the directors Directors present at a any meeting at which a quorum is shall be present shall be the act of the Board of Directors. In the absence of a quorum, a majority of the directors present at the time and place of any meeting may adjourn the meeting from time to time until a quorum be present, and notice of any adjourned meeting need not be givenBoard.

Appears in 1 contract

Samples: Earn Up Agreement (Queen Sand Resources Inc)

Quorum and Manner of Acting. One-third A majority of the entire Board of Directors then in office shall constitute a quorum for the transaction of business and, except as otherwise provided by law, by the Certificate of Incorporation or these By-Laws, the act of a majority business. If at any meeting of the directors present at a meeting at which Directors there shall be less than a quorum is present shall be the act of the Board of Directors. In the absence of a quorumpresent, a majority of the directors those present at the time and place of any meeting may adjourn the meeting from time to time until a quorum shall be present, and notice obtained. Notice of any an adjourned meeting need not be given. The act of the majority of the Directors present of any meeting at which there is a quorum shall be the act of the Directors, except as may be otherwise specifically provided bylaw or by the Declaration of Trust or by these By-Laws.

Appears in 1 contract

Samples: Vantagepoint Funds

Quorum and Manner of Acting. One-third A majority of the entire Board of Directors directors shall constitute a quorum for the transaction of business and, except as otherwise provided by law, by the Certificate of Incorporation or these By-Laws, the act business. The vote of a majority of the directors present at a meeting at which a quorum is present of the Board shall be the act of the Board. If at any meeting of the Board of Directors. In the absence of there shall be less than a quorumquorum present, a majority of the directors those present at the time and place of any meeting may adjourn the meeting from time to time until a quorum be presentis obtained, and no further notice of any adjourned thereof need be given other than by announcement at the meeting need not which shall be givenso adjourned.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

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Quorum and Manner of Acting. One-One third of the entire directors in office at the time of any regular or special meeting of the Board of Directors shall be present in person at such meeting in order to constitute a quorum for the transaction of business and, except as otherwise provided specified in Sections 8, 16 and 17 of this Article III and Section 4 of Article IV of these by-laws, and except also in special cases where other provision is made by law, by the Certificate of Incorporation or these By-Lawsstatute, the act vote of a majority of the directors present at a meeting any such meeting, at which a quorum is present present, shall be the act of the Board of Directors. In the absence of a quorum, a majority of the directors present at the time and place of any meeting may adjourn the meeting from time to time until a quorum be present, and notice of any adjourned meeting need not be given.a

Appears in 1 contract

Samples: Honeywell Inc

Quorum and Manner of Acting. One-third A majority of the entire Board total number of Directors directors, but in no event less than two directors, shall constitute a quorum for the transaction of business andat any annual, except regular or special meeting of the Board of Directors. Except as otherwise provided by law, by the Certificate of Incorporation or by these By-Laws, the act of a majority of the directors present at a meeting any meeting, at which a quorum is present present, shall be the act of the Board of Directors. In the absence of a quorum, a majority of the directors present at the time and place of any meeting may adjourn the meeting from time to time until a quorum be present, and notice of any adjourned meeting need not be givenhad.

Appears in 1 contract

Samples: Indemnification Agreement (McKesson Corp)

Quorum and Manner of Acting. One-third A majority of the entire Board number of Directors composing any committee of the Board, as established and fixed by resolution of the Board, shall constitute a quorum for the transaction of business andat any meeting of such committee but, except as otherwise provided by lawif less than a majority are present at a meeting, by a majority of such Directors present may adjourn the Certificate of Incorporation or these By-Laws, the meeting from time to time without further notice. The act of a majority of the directors members of a committee present at a meeting at which a quorum is present shall be the act of the Board of Directors. In the absence of a quorum, a majority of the directors present at the time and place of any meeting may adjourn the meeting from time to time until a quorum be present, and notice of any adjourned meeting need not be givensuch committee.

Appears in 1 contract

Samples: Shareholders Agreement (Intracel Corp)

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