Quorum; Manner of Acting. (a) Attendance by all Managers serving on the Board shall constitute a quorum for the transaction of business of the Board. At all times when the Board is conducting business at a meeting of the Board, a quorum of the Board must be present at such meeting. If a quorum shall not be present at any meeting of the Board, then the Managers present at the meeting may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present.
Appears in 6 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Solar Senior Capital Ltd.)
Quorum; Manner of Acting. (a) Attendance by all Quorum. One half of the total number of Managers serving on the Board (including any vacancies) shall constitute a quorum for the transaction of business of the Board. At all times when the Board is conducting business at a meeting of the Board, a quorum of the Board must be present at such meeting. If a quorum shall not be present at any meeting of the Board, then the Managers present at the meeting 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: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Quorum; Manner of Acting. (a) Attendance by all A majority of the Managers serving on the Board present in person or by proxy shall constitute a quorum for the transaction of business of the Board. At all times when the Board is conducting business at a meeting of the Board, a quorum of the Board must be present at such meeting. If a quorum shall not be present at any meeting of the Board, then the Managers present at the meeting may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Canopy Growth Corp), Limited Liability Company Agreement (Canopy Growth Corp), Limited Liability Company Agreement (Canopy Growth Corp)
Quorum; Manner of Acting. (a) Attendance by all All Managers serving on the Board shall constitute a quorum for the transaction of business of the Board. At all times when the Board is conducting business at a meeting of the Board, a quorum of the Board must be present at such meeting. If a quorum shall not be present at any meeting of the Board, then the Managers present at the meeting may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Solar Capital Ltd.), Limited Liability Company Agreement (Solar Capital Ltd.), Limited Liability Company Agreement (Solar Senior Capital Ltd.)
Quorum; Manner of Acting. (a) Attendance The presence in person or by all Managers proxy of the majority of the Directors then serving on the Board shall constitute a quorum for the transaction conduct of business at any meeting of the Board. At all times when the Board is conducting business at a meeting of the Board, a quorum of the Board must be present at If such meeting. If a quorum shall not be present at any meeting of the BoardBoard (a “Suspended Meeting”), then the Managers Directors present at the meeting may shall adjourn the meeting from time and promptly give notice to time, without notice other than announcement at the meeting, until a quorum Directors of when it shall be presentreconvened, which notice shall include a copy of the notice and agenda originally given with respect to such Suspended Meeting.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Loop Industries, Inc.)
Quorum; Manner of Acting. (a) Attendance by all Quorum. A majority of the Managers serving on the Board shall constitute a quorum for the transaction of business of the Board. At all times when the Board is conducting business at a meeting of the Board, a quorum of the Board must be present at such meeting. If a quorum shall not be present at any meeting of the Board, then the Managers present at the meeting 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
Quorum; Manner of Acting. (a) Attendance by all All Managers serving on the Board shall constitute a quorum for the transaction of business of the BoardCompany. At all times when the Board is Managers are conducting business at a meeting of the BoardManagers, a quorum of the Board must be present at such meeting. If a quorum shall not be present at any meeting of the BoardManagers, then the Managers present at the meeting 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: Limited Liability Company Agreement (SLR Investment Corp.)
Quorum; Manner of Acting. (aar) Attendance by all Quorum. A majority of the Managers serving on the Board shall constitute a quorum for the transaction of business of the Board. At all times when the Board is conducting business at a meeting of the Board, a quorum of the Board must be present at such meeting. If a quorum shall not be present at any meeting of the Board, then the Managers present at the meeting 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
