Common use of Quorum and Manner of Acting Clause in Contracts

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

Appears in 27 contracts

Samples: By Laws (Hotchkis & Wiley Funds /De/), By Laws (Philadelphia Investment Partners New Generation Fund), By Laws (Persimmon Growth Partners Investor Fund)

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

Appears in 1 contract

Samples: By Laws (Managed Account Series)

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

Appears in 1 contract

Samples: By Laws (Merrill Lynch Inflation Protected Bond Fund)

Quorum and Manner of Acting. A At all meetings of the Board of Trustees, a majority of the whole Board of Trustees then in office shall constitute a quorum for the transaction of business. If Except as otherwise provided by these Bylaws, the act of a majority of the trustees present at any meeting at which a quorum is present shall be the act of the Trustees there shall be less than Board of Trustees. In the absence of a quorum presentquorum, a majority of those the trustees present at the time and place of meeting (or one trustee, if less than three (3) are present) may adjourn the meeting from time to time until a quorum shall be obtained. Notice of an adjourned meeting need not be given. The act of the majority of the Trustees present at any meeting at which there is a quorum shall be the act of the Trustees, except as may be otherwise specifically provided by law or by the Declaration of Trust or by these By-Lawspresent.

Appears in 1 contract

Samples: Charter School Agreement

Quorum and Manner of Acting. A At any meeting of the Trustees a majority of the Trustees then in office shall constitute a quorum for the transaction of businessquorum. If at any Any meeting of the Trustees there shall may be less than a quorum present, a majority of those present may adjourn the meeting adjourned from time to time until by a quorum shall be obtained. Notice of an adjourned meeting need not be given. The act of the majority of the Trustees present at any votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. A meeting at which there is a quorum shall be is initially present may continue to transact business notwithstanding the act withdrawal from the meeting of one or more Trustees if any action taken is approved by at least a majority of the Trustees, except as may be otherwise specifically provided by law or by the Declaration of Trust or by these By-Lawsrequired quorum for that meeting.

Appears in 1 contract

Samples: By Laws (BNY Mellon ETF Trust)

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Quorum and Manner of Acting. A The presence of a majority of the Trustees then in office shall constitute a quorum for the transaction of business. If at any meeting In the absence of a quorum, the Trustees there shall be less than a quorum present, a majority of those Trustee[s] present may adjourn the meeting from time to time until a quorum shall be obtained. Notice of an adjourned meeting need not be givenpresent. The act vote, at a meeting at which a quorum is present, of the majority of the Trustees present at any meeting at which there is a quorum shall be the an act of the Trustees, except as may be otherwise specifically provided by law or by the Declaration of Trust or by these By-Laws.

Appears in 1 contract

Samples: Asbestos Property Damage Settlement Trust Agreement (Eagle Picher Industries Inc)

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

Appears in 1 contract

Samples: Bylaws

Quorum and Manner of Acting. A majority of the Trustees then in office shall constitute a quorum for the transaction of business. If at any meeting In the absence of a quorum, the Trustees there shall be less than a quorum present, a majority of those present may adjourn the meeting from time to time until a quorum shall be obtained. Notice of an adjourned meeting need not be givenpresent. The act of the majority of the Trustees present vote, at any a meeting at which there is a quorum is present, of a majority of all Trustees shall be the an act of the Trustees, except as may be otherwise specifically provided by law or by the Declaration of Trust or by these By-Laws.

Appears in 1 contract

Samples: Asbestos Personal Injury Settlement Trust Agreement (Armstrong World Industries Inc)

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