Common use of Quorum and Manner of Acting Clause in Contracts

Quorum and Manner of Acting. A majority of the total number of directors then in office shall be present in person at any meeting of the Board in order to constitute a quorum for the transaction of business at such meeting, and the vote of a majority of those directors present at any such meeting at which a quorum is present shall be necessary for the passage of any resolution or act of the Board, except as otherwise expressly required by law or these By-laws. In the absence of a quorum for any such meeting, a majority of the directors present thereat may adjourn such meeting from time to time until a quorum shall be present.

Appears in 4 contracts

Samples: By Laws (Norwich Acquisition LTD), By Laws (Fibernet Telecom Group Inc\), By Laws (CFP Holdings Inc)

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Quorum and Manner of Acting. A majority of the total number of --------------------------- directors then in office shall be present in person at any meeting of the Board in order to constitute a quorum for the transaction of business at such meeting, and the vote of a majority of those directors present at any such meeting at which a quorum is present shall be necessary for the passage of any resolution or act of the Board, except as otherwise expressly required by law or these By-By- laws. In the absence of a quorum for any such meeting, a majority of the directors present thereat may adjourn such meeting from time to time until a quorum shall be present.

Appears in 2 contracts

Samples: Joint Development and Operating Agreement (Cytogen Corp), By Laws (Alliance Imaging Inc /De/)

Quorum and Manner of Acting. A majority of the total number of directors Directors then in office shall be present in person at any meeting of the Board in order to constitute a quorum for the transaction of business business. If at such meetingany meeting of the Directors there shall be less than a quorum present, and the vote of a majority of those directors present at any such meeting at which a quorum is present shall be necessary for the passage of any resolution or act of the Board, except as otherwise expressly required by law or these By-laws. In the absence of a quorum for any such meeting, a majority of the directors present thereat may adjourn such the meeting from time to time until a quorum shall be presentobtained. Notice of 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: By Laws (Commonfund Institutional Funds), By Laws (Commonfund Institutional Funds)

Quorum and Manner of Acting. A majority One third of the total number of directors then in office at the time of any regular or special meeting of the Board of Directors shall be present in person at any such meeting of the Board in order to constitute a quorum for the transaction of business at such meetingand, except as 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 statute, the vote of a majority of those the directors present at any such meeting meeting, at which a quorum is present present, shall be necessary for the passage of any resolution or act of the Board, except as otherwise expressly required by law or these By-lawsBoard of Directors. In the absence of a quorum for any such meetingquorum, a majority of the directors present thereat may adjourn such meeting from time to time until a quorum shall be present.a

Appears in 1 contract

Samples: By Laws (Honeywell Inc)

Quorum and Manner of Acting. A The presence of a majority of the total authorized number of directors then in office Directors shall be present in person at any meeting of the Board in order necessary and sufficient to constitute a quorum for the transaction of business at such meeting, and any meeting of the vote of Board. If a majority of those directors quorum shall not be present at any such meeting at which a quorum is present shall be necessary for the passage of any resolution or act of the Board, except as otherwise expressly required by law or these By-laws. In the absence of a quorum for any such meeting, a majority of the directors Directors present thereat may adjourn such the meeting from time to time time, without notice other than announcement at the meeting, until a quorum shall be present. Except where a different vote is required by law, the act of a majority of the Directors present at any meeting at which a quorum shall be present shall be the act of the Board.

Appears in 1 contract

Samples: Securities Purchase Agreement (Queen Sand Resources Inc)

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Quorum and Manner of Acting. A majority One-third of the total number of directors then in office shall be present in person at any meeting of the Board in order to constitute a quorum for the transaction of business at such meeting, and the vote of a majority of those directors present at any such meeting at which a quorum is present shall be necessary for the passage of any resolution or act of the Board, except as otherwise expressly required by law law, the Certificate of Incorporation or these By-laws. In the absence of a quorum for any such meeting, a majority of the directors present thereat may adjourn such meeting from time to time until a quorum shall be present.,

Appears in 1 contract

Samples: Merger Agreement (PeopleSupport, Inc.)

Quorum and Manner of Acting. A majority of the total number of directors then in office shall be present in person at any meeting of the Board in order to constitute a quorum for the transaction of business at such meeting, and the vote of a majority of those directors present at any such meeting at which a quorum is present shall be necessary for the passage of any resolution or act of the Board, except as otherwise expressly required by law or these By-laws. In in the absence of a quorum for any such meeting, a majority of the directors present thereat may adjourn such meeting from time to time until a quorum shall be present.

Appears in 1 contract

Samples: By Laws (RWBV Acquisition Corp)

Quorum and Manner of Acting. A majority of the total number of directors Directors then in office shall be present in person at any meeting of the Board in order to constitute a quorum for the transaction of business business. If at such meetingany meeting of the Directors there shall be less than a quorum present, and the vote of a majority of those directors present at any such meeting at which a quorum is present shall be necessary for the passage of any resolution or act of the Board, except as otherwise expressly required by law or these By-laws. In the absence of a quorum for any such meeting, a majority of the directors present thereat may adjourn such the meeting from time to time until a quorum shall be presentobtained. Notice of 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: By Laws (Vantagepoint Funds)

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