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: Lease (Park N View Inc), Securities Purchase Agreement (Park N View Inc), Stock Purchase 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 Agreement (Rimini Street, Inc.), Business Financing Agreement (Rimini Street, Inc.), Business Financing Agreement (Rimini Street, Inc.)

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)

Quorum and Voting. At Subject to Article X, at all meetings of the Board of Directors 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, Laws or by the Certificate of Incorporationincorporation. 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 any 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 1 contract

Samples: Investment Agreement (Brera Capital Partners Lp)

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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: Merger Agreement (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: Merger Agreement (Nouveau International Inc)

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