Common use of Action by Vote Clause in Contracts

Action by Vote. Except as may be otherwise provided by law, when a quorum is present at any meeting the vote of a majority of the Board Members present shall be the act of the Board of Managers.

Appears in 36 contracts

Samples: Limited Liability Company Agreement (GL Trade Overseas, Inc.), Limited Liability Company Agreement (Plaid Brothers Software, Inc.), Limited Liability Company Agreement (Plaid Brothers Software, Inc.)

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Action by Vote. Except as may be otherwise provided by law, when a quorum is present at any meeting the vote of a majority of the Board Members Managers present shall be the act of the Board of Managers.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (GL Trade Overseas, Inc.), Limited Liability Company Agreement (Automated Securities Clearance LLC), Limited Liability Company Agreement (SunGard Availability Services LP)

Action by Vote. Except as may be otherwise provided by law, by the certificate of incorporation or by these by-laws, when a quorum is present at any meeting the vote of a majority of the Board Members directors present shall be the act of the Board board of Managersdirectors.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Cubist Pharmaceuticals Inc), Agreement and Plan of Merger (Optimer Pharmaceuticals Inc), Ims Health Incorporated (Ims Health Inc)

Action by Vote. Except as may be otherwise provided by law, when a quorum is present at any meeting of the Board of Managers, the vote of a majority of the Board Members Managers present in person or by proxy at such meeting shall be the act of the Board of Managers.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Bell Powersports, Inc.), Limited Liability Company Agreement (Easton Sports, Inc.), Limited Liability Company Agreement (Bell Powersports, Inc.)

Action by Vote. Except as may be otherwise provided by lawlaw or pursuant to this Agreement, when a quorum is present at any meeting the vote of a majority Majority of the Board Members present shall will be the act of the Board of Managers.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Kadmon Holdings, LLC), Limited Liability Company Agreement (Kadmon Holdings, LLC)

Action by Vote. Except as may be otherwise provided by law, by the -------------- certificate of incorporation or by these by-laws, when a quorum is present at any meeting the vote of a majority of the Board Members directors present shall be the act of the Board board of Managersdirectors.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

Action by Vote. Except as may otherwise be otherwise provided by lawlaw or this Agreement, when a quorum is present at any meeting meeting, the vote of a majority of the Board Members Directors present shall be the act of the Board of ManagersBoard.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CDM Environmental & Technical Services LLC), Limited Liability Company Agreement (CDM Environmental & Technical Services LLC)

Action by Vote. Except as may otherwise be otherwise provided by lawlaw or this Agreement, when a quorum is present at any meeting meeting, the vote of a majority of the Board Members Managers present shall be the act of the Board of ManagersBoard.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Holly Energy Partners Lp), Limited Liability Company Agreement (HollyFrontier Corp)

Action by Vote. Except as may be otherwise provided by law, by the -------------- certificate of incorporation or by these bylaws, when a quorum is present at any meeting the vote of a majority of the Board Members directors present shall be the act of the Board board of Managersdirectors.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

Action by Vote. Except as may be otherwise provided by law, when a quorum is present at any meeting the vote of a majority of the Board Members Managers present shall be the act of the Board of Managers.. SUNGARD EXPERT SOLUTIONS LLC OPERATING AGREEMENT PAGE 8 OF 16

Appears in 1 contract

Samples: Operating Agreement (SunGard Availability Services LP)

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Action by Vote. Except as may be otherwise provided by law, by the certificate of incorporation or by these by-laws, when a quorum is present at any meeting the vote of a a. majority of the Board Members directors present shall be the act of the Board board of Managersdirectors.

Appears in 1 contract

Samples: Share Purchase Agreement (Mascoma Corp)

Action by Vote. a) Except as may be otherwise provided required by lawLaw, when a quorum Quorum or, as applicable, an Adjusted Quorum, is present at any meeting the vote of a majority of the Board Members present shall Managers will be the act of the Board of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Gryphon Gold Corp)

Action by Vote. Except as may be otherwise provided by lawlaw or by this Agreement, when a quorum is present at any meeting the vote of a majority of the Board Members present Managers voting on a matter shall be the act of the Board of ManagersBoard.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Clear Channel Identity, Inc.)

Action by Vote. Except as may be otherwise provided by law, by the certificate of incorporation or by these bylaws, when a quorum is present at any meeting the vote of a majority of the Board Members directors present shall be the act of the Board board of Managersdirectors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cubist Pharmaceuticals Inc)

Action by Vote. Except as may be otherwise provided by lawlaw or this Agreement, when a quorum is present at any meeting meeting, the vote of by not fewer than a majority of the Board Members present Managers shall be the act of the Board of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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