Common use of Quorum and Voting Clause in Contracts

Quorum and Voting. At all meetings of the Board of Directors a majority of the entire Board shall be necessary to and shall constitute a quorum for the transaction of business at any meeting of directors, unless otherwise provided by any applicable provision of law, by these By-Laws, or by the Certificate of Incorporation. The act of a majority of the directors present at the time of the vote, if a quorum is present at such time, shall be the act of the Board of Directors, unless otherwise provided by an applicable provision of law, by these By-Laws or by the Certificate of Incorporation. If a quorum shall not be present at any meeting of the Board of Directors, the directors present thereat may adjourn the meeting from time to time, until a quorum shall be present.

Appears in 5 contracts

Samples: Securities Restriction Agreement (Park N View Inc), Securities Restriction Agreement (Park N View Inc), Securities Restriction Agreement (Park N View Inc)

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Quorum and Voting. At all meetings of the Board of Directors a A majority of the entire Board shall be necessary to and Directors then in office, at a meeting duly assembled, shall constitute a quorum for the transaction of business at any meeting of directorsbusiness, unless otherwise provided by any applicable provision of law, by these By-Laws, or by and the Certificate of Incorporation. The act of the Directors holding a majority of the directors voting power of the Directors, present at the time of the vote, if any meeting at which there is a quorum is present at such timequorum, shall be the act of the Board of Directors, unless Directors except as may be otherwise specifically provided by an applicable provision of law, by these By-Laws statute or by the Certificate Articles of Incorporation. If a quorum shall not be present at any meeting of the Board of Directors, the directors 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.

Appears in 4 contracts

Samples: Business Financing Modification Agreement (Rimini Street, Inc.), Business Financing Modification Agreement (Rimini Street, Inc.), Business Financing Agreement (Rimini Street, Inc.)

Quorum and Voting. At all meetings of the Board of Directors a A majority of the entire whole Board shall be necessary to and shall constitute a quorum for the transaction of business at any meeting of directorsbusiness, unless and, except as otherwise provided by any applicable provision of law, by these By-Laws, or by the Certificate of Incorporation. The act , these By-laws and the rights, if any, of those directors who may be elected by the holders of any class or series of preferred stock of the Corporation as set forth in the instrument of designation of such preferred stock, actions affirmatively approved by a majority of the directors present at the time of the vote, if a meeting at which a quorum is present at such time, shall be the act acts of the Board of Directors, unless otherwise provided by an applicable provision of law, by these By-Laws or by the Certificate of IncorporationBoard. If a quorum shall is not be present at any meeting of the Board of DirectorsBoard, the directors present thereat may adjourn the meeting from time to timetime without notice other than announcement at the meeting, until a quorum shall be is present.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (PHI Group, Inc./De), Term Loan and Security Agreement (PHI Group, Inc./De)

Quorum and Voting. At all meetings of the Board of Directors a majority board, 1 of the entire Board shall directors will be necessary and sufficient to and shall constitute a quorum for the transaction of business at any meeting of directors, unless otherwise provided by any applicable provision of law, by these By-Laws, or by the Certificate of Incorporationbusiness. The act of a majority of the directors present at any meeting at which there is a quorum will be the time act of the voteboard of directors, if a quorum except as may be otherwise specifically provided by statute, the Certificate of Incorporation or these bylaws. If there is only 1 director present at such timea meeting, the act of that 1 director shall be the act of the Board board. If there are 2 directors present at a meeting, then the act of Directors, unless otherwise provided by an applicable provision both shall constitute the act of law, by these By-Laws or by the Certificate of Incorporationboard. If a quorum shall is not be present at any meeting of the Board of Directorsdirectors, 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 is present.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Blue Dolphin Energy Co), Agreement and Plan of Merger (American Resources Offshore Inc)

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Quorum and Voting. At all meetings of the Board of Directors Board, a majority of the entire Board directors at the time in office shall be necessary and sufficient to and shall constitute a quorum for the transaction of business at any meeting of directors, unless otherwise provided by any applicable provision of law, by these By-Laws, or by business; and the Certificate of Incorporation. The act of a majority of the directors present at the time of the vote, if any meeting at which there is a quorum is present at such time, shall be the act of the Board of Directors, unless except as may be otherwise specifically provided by an applicable provision statute, the certificate of law, by incorporation or these By-Laws or by the Certificate of Incorporationbylaws. If a quorum shall not be present at any meeting of the Board of Directorsdirectors, 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.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Powerhouse Technologies Inc /De)

Quorum and Voting. At all meetings of the Board of Directors a majority of the entire Board of Directors shall be necessary to and shall constitute a quorum for the transaction of business at any meeting of directors, unless otherwise provided by any applicable provision of law, by these By-Laws, or by the Certificate of IncorporationIncorporation of the Corporation. The act of a majority of the directors present at the time of the vote, if a quorum is present at such time, shall be the act of the Board of Directors, unless otherwise provided by an applicable provision of law, by these By-Laws or by the Certificate of IncorporationIncorporation of the Corporation. If a quorum shall not be present at any meeting of the Board of Directors, the directors present thereat may adjourn the meeting from time to time, until a quorum shall be present.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nouveau International Inc)

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