Common use of Written Board Actions Clause in Contracts

Written Board Actions. Any action required or permitted to be taken at any Board meeting may be taken without a meeting if the Managers are given prior written notice of such proposed action and the Managers sufficient to approve the action pursuant to the terms of this Agreement consent thereto in writing. Reasonably prompt notice of the taking of any action without a meeting by less than unanimous written consent, together with a copy of the action taken, will be given to those Managers who have not consented in writing.

Written Board Actions. Any action required or permitted to be taken at any a Board meeting may be taken without a meeting if the all Managers are given prior written notice of such proposed action and the Managers sufficient to approve the action pursuant to the terms of this Agreement consent thereto in writing. Reasonably prompt notice of the taking of any action without a meeting by less than unanimous written consent, together with a copy of the action taken, will be given to those Managers who have not consented in writing.