Common use of REQUIRED BOARD VOTE Clause in Contracts

REQUIRED BOARD VOTE. The affirmative vote of a majority of the Directors present at any meeting at which there are sufficient Directors present to constitute a quorum ("MAJORITY BOARD VOTE") shall be the act of the Board, unless another vote is specifically provided by this Agreement.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (United Auto Group Inc), Limited Liability Company Agreement (Uag Connecticut I LLC), Limited Liability Company Agreement (United Auto Group Inc)

AutoNDA by SimpleDocs

REQUIRED BOARD VOTE. The affirmative vote of a majority of the Directors present at any meeting at which there are sufficient Directors present to constitute a quorum ("MAJORITY BOARD VOTE"“Majority Board Vote”) shall be the act of the Board, unless another vote is specifically provided by this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!