Common use of Quorum; Manner of Acting Clause in Contracts

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 (Iowa Renewable Energy, LLC), Operating Agreement (Western Dubuque Biodiesel, LLC)

AutoNDA by SimpleDocs

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 (Western Iowa Energy, L.L.C.)

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 (Victory Renewable Fuels LLC), Operating Agreement (First United Ethanol LLC), Operating Agreement (First United Ethanol 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 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

Samples: Operating Agreement (Siouxland Ethanol, 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 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

Samples: Operating Agreement (Central Iowa Energy, LLC)

AutoNDA by SimpleDocs

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.one

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

Samples: Operating Agreement (Advanced BioEnergy, LLC)

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

Samples: Operating Agreement (E Energy Adams 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 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)

Time is Money Join Law Insider Premium to draft better contracts faster.