Common use of Quorum of Managers Clause in Contracts

Quorum of Managers. A majority of the total number of Managers fixed pursuant to this Agreement shall constitute a quorum for the transaction of business. If less than a majority of the Managers are present at a meeting of the Board, a majority of the Managers present may adjourn the meeting from time to time without further notice.

Appears in 12 contracts

Samples: Limited Liability Company Operating Agreement (Ruby Tuesday of Bryant, Inc.), Limited Liability Company Operating Agreement (Ruby Tuesday of Bryant, Inc.), Limited Liability Company Operating Agreement (Ruby Tuesday of Bryant, Inc.)

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Quorum of Managers. A majority of the total number of Managers fixed pursuant to this Agreement shall constitute a quorum quorum. for the transaction of business. If lf less than a majority of the Managers are present at a meeting of the Board, a majority of the Managers present may adjourn the meeting from time to time without further notice.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Ruby Tuesday of Bryant, Inc.)

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Quorum of Managers. A majority of the total number of Managers fixed pursuant to this Agreement shall constitute a quorum for the transaction of business. If less than a majority of the Managers are present at a meeting of the Board, ) a majority of the Managers present may adjourn the meeting from time to time without further notice.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Ruby Tuesday of Bryant, Inc.)

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