Common use of Quorum; Vote Required for Action Clause in Contracts

Quorum; Vote Required for Action. At all meetings of the Board of Managers, (a) a majority of the whole Board of Managers shall constitute a quorum for the transaction of business; provided, however, that a majority of each quorum must be citizens of the United States, and (b) the vote of a majority of the Managers present at a meeting at which a quorum is present shall be the act of the Board of Managers.

Quorum; Vote Required for Action. At all meetings of the Board of Managers, (a) the presence of a majority of the whole Board of Managers shall constitute a quorum for the transaction of business; provided, however, that a majority of each quorum must be citizens of the United States, and (b) the . The affirmative vote of at least a majority of the Managers present at a meeting is required for all acts of the Managers. In case at which any meeting of the Managers a quorum is shall not be present, the Managers present may adjourn the meeting until a quorum shall be the act of the Board of Managerspresent. Each Manager shall have one vote.

Quorum; Vote Required for Action. At all meetings of the Board of Managers, (a) the presence of a majority of the whole Board of Managers shall constitute a quorum for the transaction of business; provided, however, that a majority of each quorum must be citizens of the United States, and (b) the . The affirmative vote of at least a majority of the Managers present at a any meeting at which there is a quorum is present shall be the act required for all acts of the Board of Managers.

Quorum; Vote Required for Action. At all meetings of the Board of Managers, (a) a majority of the whole Board of Managers shall constitute a quorum for the transaction of business; provided, however, that a majority of each quorum must be citizens of business and the United States, and (b) the vote act of a majority of the Managers present at a any meeting at which there is a quorum is present shall be the act of the Board of Managers. If a quorum shall not be present at any meeting of the Board of Managers, the Managers present at such meeting may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present.

Quorum; Vote Required for Action. At all meetings of the Board of Managers, (a) Managers the presence of a majority of the whole Board total number of Managers managers shall constitute a quorum for the transaction of business; provided, however, that a majority of each quorum must be citizens of the United States, and (b) the . The vote of at least a majority of the Managers managers present at a any meeting at which a quorum is present shall be necessary to constitute and shall be the act of the Board unless these by-laws shall otherwise provide. In case at any meeting of Managersthe Board a quorum shall not be present, the members of the Board present may adjourn the meeting from time to time until a quorum shall attend.