Action at a Meeting Sample Clauses

Action at a Meeting. When a quorum is present at any meeting, the holders of a at least two-thirds of the issued and outstanding Units entitled to vote on such matter, voting together as a single class, shall decide any question properly brought before such meeting, except as otherwise required by this Agreement or the Act. The Members may only act on those matters which expressly require Member approval under the Act or this Agreement.
AutoNDA by SimpleDocs
Action at a Meeting. An act of the majority of the directors present at a meeting at which a quorum is present shall be an act of the Board of Directors.
Action at a Meeting. At any meeting of the Managing Board at which a quorum is present, the vote of a majority of those present will be sufficient to take any action, unless a different vote is required by this Agreement, the Certificate or the Act. Notwithstanding the foregoing, or any other provision in this Agreement, neither the Company, the Managing Board nor any Director or Officer will have any power or authority to do or perform any act with respect to any Major Decision unless such matter has been approved in accordance with the provisions of Section 4.3.
Action at a Meeting. If a quorum is present, any action may be taken by the Board by a two-thirds (2/3) majority vote of those Directors present, unless a larger number is required by law, the Articles, or this Operating Agreement. Action may only be made through Board vote. Individual Directors do not have any authority except that authority assigned to them from time-to-time by the Board.
Action at a Meeting. The Members may adopt any method they choose to facilitate Meetings of the Members. The Members will make all decisions on the basis of consensus.
Action at a Meeting. The Directors will make all decisions on the basis of consensus.
Action at a Meeting. A quorum for the conducting of business at a meeting of the Members shall consist of a Majority of the Members. The consent of a Majority of the Members shall be required for any action to be taken by the Members at a meeting.
AutoNDA by SimpleDocs

Related to Action at a Meeting

  • Notice of a Meeting Notice of a meeting called pursuant to Section 13.4 shall be given to the Record Holders of the class or classes of Units for which a meeting is proposed in writing by mail or other means of written communication in accordance with Section 16.1. The notice shall be deemed to have been given at the time when deposited in the mail or sent by other means of written communication.

  • Notice of Meeting The Trust will furnish to the Agents, at the same time as it is dispatched, a copy of notice of any meeting of the holders of Notes which is called to consider any matter which is material in the context of the Trust.

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