Common use of Quorum of and Action by Managers Clause in Contracts

Quorum of and Action by Managers. A majority of the number of Managers fixed by or in the manner provided in this Agreement, as from time to time amended, shall constitute a quorum for the transaction of business. The act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Managers, except as may be otherwise specifically provided by statute, the Certificate of Formation, or by this Agreement.

Quorum of and Action by Managers. A majority of the number of Managers fixed by or in the manner provided in this Agreement, as from time to time amended, shall constitute a quorum for the transaction of business. The act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Managers, except as may be otherwise specifically provided by statute, but the Certificate of Formation, or by this Agreement.

Quorum of and Action by Managers. A If there is more than one (1) Manager, a majority of the number of Managers fixed by or in the manner provided in this Operating Agreement, as from time to time amended, shall constitute a quorum for the transaction of business. The If there is more than one (1) Manager, the act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Managers, except as may be otherwise specifically provided by statute, the Certificate of Formation, or by this Agreement.

Quorum of and Action by Managers. A majority of the number of Managers fixed by or in the manner provided in this Agreement, as from time to time amended, shall constitute a quorum for the transaction of business. The act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Managers, except as may be otherwise specifically provided by statute, but the Certificate Articles of FormationOrganization, or by this Agreement.

Quorum of and Action by Managers. A majority of the number of Managers fixed by or in the manner provided in this Agreement, as from time to time amended, shall constitute a quorum for the transaction of business. The act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Managers, except as may be otherwise specifically provided by statute, the Certificate Articles of FormationOrganization, or by this Agreement.

Quorum of and Action by Managers. A majority of the number of Managers fixed by or managers in the manner provided in this Agreement, as from time to time amended, office shall constitute a quorum for the transaction of business, except as permitted by law or the Certificate of Organization or this Agreement. The act acts of a majority of the Managers managers present at any a meeting at which a quorum is present shall be the act acts of the Managers, managers except as may be otherwise specifically provided where a different vote is required or permitted by statute, law or the Certificate of Formation, Organization or by this Agreement. Every manager shall be entitled to one vote.