Common use of Quorum and Manner of Acting Clause in Contracts

Quorum and Manner of Acting. A majority of the entire Board of Directors shall constitute a quorum for the transaction of business. A majority of the Directors present, whether or not a quorum is present, may adjourn a meeting. The Directors shall act only as a Board, and the Directors shall have no individual authority to bind the Company.

Appears in 23 contracts

Samples: Limited Liability Company Agreement (Antelope Coal LLC), Limited Liability Company Agreement (Antelope Coal LLC), Limited Liability Company Agreement (Antelope Coal LLC)

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Quorum and Manner of Acting. A In order to have a quorum for transaction of business at any meeting of the Board of Directors, a majority of the entire Board number of Directors fixed by this Agreement shall constitute a quorum for be present. The act of the transaction of business. A majority of the Directors present, whether or not present at a meeting at which a quorum is present, may adjourn a meeting. The Directors present shall be the act only as a Board, and of the Directors shall have no individual authority to bind the CompanyBoard of Directors.

Appears in 7 contracts

Samples: Operating Agreement, Limited Liability Company Agreement (Inergy L P), Operating Agreement (Inergy Pipeline East, LLC)

Quorum and Manner of Acting. A majority of the entire Board of Directors shall constitute a quorum for the transaction of businessbusiness at any meeting, except as provided in section 2.10. A Action of the Board shall be authorized by the vote of the majority of the Directors presentdirectors present at the time of the vote, whether if there is a quorum, unless otherwise provided by law or not these by-laws. In the absence of a quorum, a majority of the directors present may adjourn any meeting from time to time until a quorum is present, may adjourn a meeting. The Directors shall act only as a Board, and the Directors shall have no individual authority to bind the Company.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Comtech Telecommunications Corp /De/), Agreement and Plan of Merger (Radyne Corp), Agreement and Plan of Merger (Comtech Telecommunications Corp /De/)

Quorum and Manner of Acting. (a) A majority of the entire Board of Directors shall constitute a quorum for the transaction of business. A majority business at any meeting of the Directors present, whether or not a quorum is present, may adjourn a meeting. The Directors shall act only as a Board, and the Directors shall have no individual authority to bind the CompanyBoard of Directors.

Appears in 2 contracts

Samples: Share Subscription Agreement, Share Subscription Agreement (Xerox Corp)

Quorum and Manner of Acting. A majority of the entire Board of Directors shall be necessary to constitute a quorum for the transaction of businessbusiness at any meeting of the Board of Directors. A If a quorum shall fail to attend any meeting, the Chairman of the meeting or a majority of the Directors present, whether or not a quorum is present, directors who are present at the meeting may adjourn a meeting. The Directors shall act only as a Board, the meeting to another place and the Directors shall have no individual authority to bind the Companytime.

Appears in 2 contracts

Samples: Exchange Agreement (Coram Healthcare Corp), Coram Healthcare Corp

Quorum and Manner of Acting. A Unless otherwise provided by resolution of the Board of Directors, a majority of each committee of the entire Board of Directors shall constitute a quorum for the transaction of business. A business and the act of a majority of all of the Directors presentmembers of the committee, whether present or not a quorum is presentnot, may adjourn a meetingshall be the act of the committee. The Directors members of the committee shall act only as a Board, committee. The procedure of the committee and its manner of acting shall be subject at all times to the Directors shall have no individual authority to bind directions of the CompanyBoard of Directors.

Appears in 2 contracts

Samples: Share Subscription Agreement, Share Subscription Agreement (Xerox Corp)

Quorum and Manner of Acting. A (a) At all meetings of the Board of Directors a majority of the entire Board of Directors directors shall constitute a quorum for the transaction of business. A business and any act of a majority of the Directors presentpresent at any meeting at which there is a quorum shall be an act of the Board of Directors, whether except as may be otherwise specifically provided by statute or not by the Certificate of Formation. If a quorum is presentnot present at any meeting of the Board of Directors, the Directors present thereat may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a meeting. The Directors quorum shall act only as a Board, and the Directors shall have no individual authority to bind the Companybe present.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Savage Sports Holdings, Inc.)

Quorum and Manner of Acting. A Unless otherwise provided by resolution of the Board of Directors, a number of Directors equal to one less than a majority of the entire Board number of Directors serving on any Committee, but not less than two Directors, shall constitute a quorum for the transaction of business. A business and the act of a majority of the Directors present, whether or not those present at a meeting at which a quorum is present, may adjourn a meetingpresent shall be the act of such Committee. The Directors members of each Committee shall act only as a Board, Committee and the Directors individual members shall have no individual authority to bind the Companypower as such.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Recapitalization (Curtiss Wright Corp)

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Quorum and Manner of Acting. A majority of the entire Board of Directors in office shall constitute a quorum for the transaction of business. A The act of the majority of the Directors present, whether or not present at a meeting at which a quorum is presentpresent shall be the act of the Board of Directors, may adjourn unless the act of a meeting. The Directors shall act only as a Board, and greater number is required by law or by the Directors shall have no individual authority to bind the CompanyArticles of Incorporation or these Bylaws.

Appears in 1 contract

Samples: Agreement and Plan of Merger

Quorum and Manner of Acting. A Except as expressly provided otherwise elsewhere herein,a majority of the entire Board of Directors shall constitute a quorum for any meeting of the transaction of businessBoard. A The majority vote of the Directors present, whether or not present at any meeting at which there is a quorum is present, may adjourn a meetingshall be the act of the Board. The Directors shall act only as a Board, and the Directors shall have no individual authority to bind the Company.6.6

Appears in 1 contract

Samples: Lease and Transfer Agreement

Quorum and Manner of Acting. A quorum of the Board of Directors consists of a majority of the entire number of directors prescribed in accordance with Section 4.2. If at any meeting of the Board of Directors shall constitute there be less than a quorum for the transaction of business. A present, a majority of the Directors directors present may adjourn the meeting from time to time until a quorum shall be present. Notice of any adjourned meeting need not be given. At all meetings of directors, a quorum being present, whether or not a quorum is present, may adjourn a meeting. The Directors the act of the majority of the directors present at the meeting shall be the act only as a Board, and of the Directors shall have no individual authority to bind the CompanyBoard of Directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Media General Inc)

Quorum and Manner of Acting. A majority of the entire Board of Directors shall constitute In order to have a quorum for the transaction of business. A majority business at any meeting of the Directors Board of Directors, a Board Majority shall be present, whether or not . The act of the Board Majority present at a meeting at which a quorum is present, may adjourn a meeting. The Directors present shall be the act only as a Board, and of the Directors shall have no individual authority to bind the CompanyBoard of Directors.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Crestwood Equity Partners LP)

Quorum and Manner of Acting. A In order to have a quorum for transaction of business at any meeting of the Board of Directors, a majority of the entire Board number of Directors shall constitute a quorum for fixed by this Agreement must be present. The act of the transaction of business. A majority of the Directors present, whether or not present at a meeting at which a quorum is present, may adjourn a meeting. The Directors shall present will be the act only as a Board, and of the Directors shall have no individual authority to bind the CompanyBoard of Directors.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inergy Holdings LLC)

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