Action by Majority Sample Clauses
The 'Action by Majority' clause defines the decision-making process within a group or governing body, specifying that actions or resolutions can be approved based on the agreement of a majority of its members. In practice, this means that if more than half of the members present or entitled to vote support a proposal, it becomes the official decision of the group. This clause streamlines governance by preventing deadlock and ensuring that business can proceed efficiently even if unanimous consent is not possible.
Action by Majority. If a quorum is present when a vote is taken, ------------------ the affirmative vote of a majority of Managers present is the act of the Board of Managers,
Action by Majority. The action of a majority of the Board of Directors or the Committee at the time acting hereunder, and any instrument executed by a majority of such Directors or Committee members shall be considered the action or instrument of the Board of Directors or the Committee as the case may be. Action may be taken by the Board of Directors or the Committee at a meeting or in writing without a meeting.
Action by Majority. If a quorum is present except with respect to ------------------ election of directors, the affirmative vote of the majority of the shares represented at the meeting and entitled to vote on any matter shall be the act of the shareholders, unless the vote of a greater number or voting by classes is required by the California General Corporations Law or the Articles of Incorporation.
Action by Majority. All rights and remedies of the Secured Parties hereunder may be exercised only by the Majority Holders and action taken by such holders shall be binding on all holders of interests in the Notes.
Action by Majority. In accordance with the provisions of G.L.c.30A§11A1/2, a majority of the Trustees may act.