Common use of Voting Rights; Required Votes Clause in Contracts

Voting Rights; Required Votes. At all meetings of the Board, except as provided for in Section 7.5(e), a majority of the number of Board Members with voting authority then in office shall constitute a quorum. Each such Board Member shall be entitled to cast one vote with respect to any matter coming before the Board, except that no Board Member subject to a conflict of interest (x), as reasonably determined by the Board, or (y) as provided in Section II of the Clearing House Rules, shall be entitled to vote on such matter. Any action required or permitted to be taken by the Board must be approved by a majority of all Board Members then in office and entitled to vote on such matters.

Voting Rights; Required Votes. At all meetings of the Board, except as provided for in Section 7.5(e7.6(e)(i), a majority of the number of Board Members with voting authority then in office shall constitute a quorum. Each such Board Member shall be entitled to cast one vote with respect to any matter coming before the Board, except that no Board Member subject to a conflict of interest (x), as reasonably determined by the Board, or (y) as provided in Section II of the Clearing House Rules, shall be entitled to vote on such matter. Any action required or permitted to be taken by the Board must be approved by a majority of all Board Members then in office and entitled to vote on such matters.

Voting Rights; Required Votes. At all meetings of the Board, except as provided for in Section 7.5(e7.6(e), a majority of the number of Board Members with voting authority then in office shall constitute a quorum. Each such Board Member shall be entitled to cast one vote with respect to any matter coming before the Board, except that no Board Member subject to a conflict of interest (x), as reasonably determined by the Board, or (y) as provided in Section II of the Clearing House RulesCompany Exchange Rule Book, shall be entitled to vote on such matter. Any action required or permitted to be taken by the Board must be approved by a majority of all Board Members then in office and entitled to vote on such matters.

Voting Rights; Required Votes. At all meetings of the Board, except as provided for in Section 7.5(e), a majority of the number of Board Members with voting authority then in office shall constitute a quorum. Each such Board Member shall be entitled to cast one vote with respect to any matter coming before the Board, except that no Board Member subject to a conflict of interest (x), as reasonably determined by the Board, or (y) as provided in Section II of the Clearing House Rules, shall be entitled to vote on such matter. Any action required or permitted to be taken by the Board must be approved by a majority of all Board Members then in office and entitled to vote on such matters.

Voting Rights; Required Votes. At all meetings of the Board, except as provided for in Section 7.5(e7.6(e), a majority of the number of Board Members with voting authority then in office shall constitute a quorum. Each such Board Member shall be entitled to cast one vote with respect to any matter coming before the Board, except that no Board Member subject to a conflict of interest (x), as reasonably determined by the Board, or (y) as provided in Section II of the Clearing House RulesCompany Exchange Rule Book, shall be entitled to vote on such matter. Any action required or permitted to be taken by the Board must be approved by a majority of all Board Members then in office and entitled to vote on such matters.