Common use of Vote Required for Action Clause in Contracts

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

AutoNDA by SimpleDocs

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)

Vote Required for Action. The act of the majority of the Directors present at a meeting of the Finance Board at which a quorum is present shall be the act of the Finance Board.; provided, however, that the unanimous approval of all Directors then in office shall be required to:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Lazard Group Finance LLC), Limited Liability Company Agreement (Lazard Group Finance LLC)

AutoNDA by SimpleDocs

Vote Required for Action. The (a) Except as otherwise provided in the Articles of Incorporation, these By-Laws, or by law, the act of the a majority of the Directors directors present at a meeting of the Board at which a quorum is present at the time shall be the act of the BoardBoard of Directors.

Appears in 2 contracts

Samples: Genuine Parts Co, Genuine Parts Co

Time is Money Join Law Insider Premium to draft better contracts faster.