Common use of Quorum; Required Votes; Approvals Clause in Contracts

Quorum; Required Votes; Approvals. Directors holding a majority of the votes shall constitute a quorum for the transaction of business, except that less than a quorum may adjourn from time to time. The affirmative votes of at least a majority of the Directors present at any meeting at which a quorum is present shall be required to take any action by the Board.

Appears in 2 contracts

Samples: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

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Quorum; Required Votes; Approvals. Directors holding a A majority of the votes Directors shall constitute a quorum for the transaction of businessquorum, except that less than a quorum may adjourn from time to timetime in accordance with law. The affirmative votes of at least a majority of the appointed Directors who are present at any the subject meeting at which a quorum is present shall be required to take any action by the Board.

Appears in 1 contract

Samples: Joint Powers Agreement

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Quorum; Required Votes; Approvals. Directors holding a majority of the votes of total number of the then current Directors shall constitute a quorum for the transaction of business, except that less than a quorum may adjourn a meeting from time to time. The Unless otherwise required pursuant to this Agreement, a Project Agreement or applicable law, the affirmative votes vote of at least a majority of the Directors present at any meeting at which a quorum is present shall be required to take any action by the Board.

Appears in 1 contract

Samples: Joint Exercise of Powers Agreement

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