Common use of Voting Procedures and Inspectors of Elections Clause in Contracts

Voting Procedures and Inspectors of Elections. (a) The Company shall, in advance of any meeting of Shareholders, appoint one or more inspectors to act at the meeting and make a written report thereof. The Company may designate one or more Persons as alternate inspectors to replace any inspector who fails to act. If no inspector or alternate is able to act at a meeting of Shareholders, the Person presiding at the meeting shall appoint one or more inspectors to act at the meeting. Each inspector, before entering upon the discharge of the duties of inspector, shall take and sign an oath faithfully to execute the duties of inspector with strict impartiality and according to the best of such inspector's ability.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Kaneb Services LLC), Limited Liability Company Agreement (Trenwick America LLC), Kaneb Services LLC

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Voting Procedures and Inspectors of Elections. (a) The Company Board of Directors by resolution shall, in advance of any meeting of Shareholders, appoint one or more inspectors to act at the meeting and make a written report thereof. The Company may designate one or more Persons persons as alternate inspectors to replace any inspector who fails to act. If no inspector or alternate is able to act at a meeting of Shareholders, the Person person presiding at the meeting shall appoint one or more inspectors to act at the meeting. Each inspector, before entering upon the discharge of the duties of inspectorhis duties, shall take and sign an oath faithfully to execute the duties of inspector with strict impartiality and according to the best of such inspector's his or her ability.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (MDB Capital Holdings, LLC), Limited Liability Company Agreement (JMP Group LLC)

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