Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors shall constitute a quorum for the transaction of business at any Directors’ meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 5 contracts
Samples: Operating Agreement (Iowa Renewable Energy, LLC), Operating Agreement (Western Dubuque Biodiesel, LLC), Operating Agreement (Iowa Renewable Energy, LLC)
Quorum; Manner of Acting. Not less than fifty percent (50%) of the total number of Directors authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Directors’ meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director Directors shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 4 contracts
Samples: Operating Agreement (First United Ethanol LLC), Operating Agreement (First United Ethanol LLC), Operating Agreement (East Coast Ethanol, LLC)
Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors of each class of Directors authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Directors’ meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director Directors shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement (Lincolnway Energy, LLC)
Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Directors’ meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director Directors shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 2 contracts
Samples: Operating Agreement (Advanced BioEnergy, LLC), Operating Agreement (Advanced BioEnergy, LLC)
Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors shall constitute a quorum for the transaction of business at any Directors’ meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director Unless otherwise stated in this Agreement, the Directors shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 1 contract
Samples: Operating Agreement
Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Board of Directors’ meeting. Each Director shall have one (1) vote at meetings of the Board of Directors. The Director Board of Directors shall take action by the vote of a majority of the number of Directors constituting present at a meeting at which a quorum as provided by this Agreementis present.
Appears in 1 contract
Samples: Operating Agreement (Siouxland Renewable Holdings, LLC)
Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors of each class of Directors authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Directors’ meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 1 contract
Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors of each class of Directors authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Directors’ meeting. Each Director shall have one one
(1) vote at meetings of the Directors. The Director Directors shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 1 contract
Samples: Operating Agreement
Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Directors’ ' meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director Directors shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 1 contract
Quorum; Manner of Acting. Not less than fifty percent (50%) of the Directors of each class of Directors authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Directors’ ' meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director Directors shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 1 contract
Quorum; Manner of Acting. Not less than fifty percent (50%) of the elected Directors and fifty percent (50%) of the Directors appointed pursuant to Section 5.3(c) of this Agreement authorized to vote on a matter as provided by this Agreement shall constitute a quorum for the transaction of business at any Directors’ meeting. Each Director shall have one (1) vote at meetings of the Directors. The Director Directors shall take action by the vote of a majority of the number of Directors constituting a quorum as provided by this Agreement.
Appears in 1 contract
