Common use of Voting; Quorum Clause in Contracts

Voting; Quorum. Unless otherwise required by the Delaware Act, other Law or the provisions hereof, (i) each member of the Board of Directors shall have one vote; (ii) except for matters requiring Special Approval, the presence at a meeting of a majority of the members of the Board of Directors shall constitute a quorum at any such meeting for the transaction of business; and (iii) except for matters requiring Special Approval, the act of a majority of the members of the Board of Directors present at a meeting duly called in accordance with Section 6.02(d) at which a quorum is present shall be deemed to constitute the act of the Board of Directors.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Eagle Rock Energy Partners L P), Limited Liability Company Agreement, Limited Liability Company Agreement (Eagle Rock Energy Partners, L.P.)

AutoNDA by SimpleDocs

Voting; Quorum. Unless otherwise required by the Delaware Act, other Law law or the provisions hereof, (i) each member of the Board of Directors shall have one vote; (ii) except for matters requiring Special Approval, the presence at a meeting of a majority of the members of the Board of Directors shall constitute a quorum at any such meeting for the transaction of business; and (iii) except for matters requiring Special Approval, the act of a majority of the members of the Board of Directors present at a meeting duly called in accordance with Section 6.02(d) at which a quorum is present shall be deemed to constitute the act of the Board of Directors.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP)

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