Common use of QUORUM FOR DIRECTORS’ MEETINGS Clause in Contracts

QUORUM FOR DIRECTORS’ MEETINGS. (a) Subject to Article 100(d), the quorum for the transaction of the business of the Directors may be fixed by the Directors and unless so fixed at any other number shall be three. A person who holds office only as an alternate director shall, if his appointer is not present, be counted in a quorum but notwithstanding that such person may act as alternate director for more than one Director he shall not count as more than one for the purposes of determining whether a quorum is present.

QUORUM FOR DIRECTORS’ MEETINGS. (a) Subject to Article 100(d), the 1 The quorum for the transaction of the business of the Directors may be fixed by the Directors and unless so fixed at any other number shall be three. A person who holds office only as an alternate director Director shall, if his appointer appointor is not present, be counted in a quorum but but, notwithstanding that such person may act as alternate director Director for more than one Director Director, he shall not count as more than one for the purposes of determining whether a quorum is present.

QUORUM FOR DIRECTORS’ MEETINGS. (a) Subject to Article 100(d), the The quorum for the transaction of the business of the Directors may be fixed by the Directors and unless so fixed at any other number shall be threefour Directors. A person who holds office only as an alternate director Director shall, if his appointer appointor is not present, be counted in a the quorum but notwithstanding that such person may act as alternate director Director for more than one Director he shall not count as more than one for the purposes of determining whether a quorum is present.

QUORUM FOR DIRECTORS’ MEETINGS. (a) Subject to Article 100(d), the The quorum for the transaction of the business of the Directors may be fixed by the Directors and unless so fixed at any other number shall be three. A person who holds office only as an alternate director Director shall, if his appointer appointor is not present, be counted in a the quorum but notwithstanding that such person may act as alternate director Director for more than one Director he shall not count as more than one for the purposes of determining whether a quorum is present.