Quorum for Board of Managers Meetings. A majority of the number of Managers shall constitute a quorum for the transaction of business at any meeting of the Board of Managers, but if less than such majority is present at a meeting, a majority of the Managers present may adjourn the meeting from time to time without further notice.
Appears in 19 contracts
Samples: Limited Liability Company Agreement (NB Crossroads Private Markets Access Fund LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV Holdings LLC)
