Vote Required for Action. The act of the majority of the Directors present at a meeting of the Board at which a quorum is present shall be the act of the Board.
Appears in 17 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Vote Required for Action. The act of the majority of the Directors present at a meeting of the Lazard Board at which a quorum is present shall be the act of the Lazard Board.
Appears in 5 contracts
Samples: Operating Agreement (Lazard LTD), Operating Agreement (Lazard Group LLC), Operating Agreement (Lazard LTD)