Absent Governors. A governor of the Company may give advance written consent or opposition to a proposal to be acted on at a Board meeting. If the governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor has consented or objected.
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Samples: Operating Agreement (Agassiz Energy, LLC), Operating Agreement (Agassiz Energy, LLC), Operating Agreement (Red Trail Energy, LLC)
Absent Governors. A governor who is unable to attend a meeting of the Company Board of Governors may give advance written consent or opposition to a proposal to be acted on at a Board the meeting. If the governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor has consented or objected.
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Samples: And Member Control Agreement (BMCT Equipment Company, L.L.C.), And Member Control Agreement (Twin Cities Power Holdings, LLC), And Member Control Agreement (Aspirity Holdings LLC)
Absent Governors. A governor Governor of the Company may give advance written consent or opposition to a proposal to be acted on at a Board meeting. If the governor Governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor Governor has consented or objected.
Appears in 2 contracts
Samples: Operating Agreement (Taylor Investment Corp /Mn/), Operating Agreement (Taylor Investment Corp /Mn/)
Absent Governors. A governor Governor of the Company may give advance written consent or opposition to a proposal to be acted on at a Board meetingmeeting of the Board. If the governor Governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor Governor has consented or objected.
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Samples: Limited Liability Company Agreement (WPT Enterprises Inc)
Absent Governors. A governor of the Company may give advance written consent or opposition to a proposal to be acted on at a the Board meeting. If the governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum, but consent or opposition shall be counted as a vote in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor has consented or objected.
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Absent Governors. A governor of the Company may give advance written consent or opposition to a proposal to be acted on at a Board meeting. If the governor is not present at the meeting, consent or opposition to a proposal does not constitute presence for purposes of determining the existence of a quorum. However, but consent or opposition shall be counted as a vote of a governor present at the meeting in favor of or against the proposal and shall be entered in the minutes or other record of action at the meeting, if the proposal acted on at the meeting is substantially the same or has substantially the same effect as the proposal to which the governor has consented or objected.
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