Attendance and Quorum Sample Clauses
The Attendance and Quorum clause defines the minimum number of participants required to be present for a meeting to officially proceed and make binding decisions. Typically, this clause specifies who is eligible to attend, how attendance is recorded, and the exact number or proportion of members needed to constitute a quorum. For example, it may state that at least half of the board members must be present, either in person or via teleconference, for the meeting to be valid. Its core function is to ensure that decisions are made with sufficient representation, preventing a small, unrepresentative group from acting on behalf of the whole.
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Attendance and Quorum. No meeting of the Board may proceed to business unless a quorum is present. The Board shall be defined as quorate when all Directors are present. If any Director is not able to attend for any reason, an approved alternate may attend and vote on his behalf.
Attendance and Quorum. A Director may attend in person or by proxy. Such proxy may be granted to another Director, a copy of which shall be delivered to the Chairman and the Secretary of the Board at the commencement of the meeting. Directors may participate in and vote at Board Meetings by means of a conference telephone or video conference or any communication equipment, provided that all Directors have the required technical equipment and all persons participating in the meeting can identify each other, which shall be expressly noted in the minutes of the relevant meeting and the certificate of such minutes. In such case, the meeting of the Board shall be deemed a single meeting held in the registered office of the Company. Any Director so participating in a meeting shall be deemed to be present in person and shall count for quorum purposes. For such purposes, the Shareholders undertake to hold a General Shareholders Meeting with the purposes to amend the Bylaws setting forth the following provision (in Spanish):
Attendance and Quorum. 3.1 No business (other than the selection of a chairman) shall be transacted at any meeting of the Noteholders unless the requisite quorum is present at the commencement of business.
3.2 At any meeting of the Noteholders convened for any purpose other than the passing of a Special Resolution, any Noteholders (present in person or by proxy) holding between them at least 50 per cent. in nominal value of the outstanding Notes and entitled to attend and to vote on the business to be transacted shall form a quorum.
3.3 At any meeting of the Noteholders convened for the purpose of passing a Special Resolution, any Noteholders (present in person or by proxy) holding between them 75 per cent. in nominal value of the outstanding Notes and entitled to attend and to vote on the business to be transacted shall form a quorum.
3.4 The Issuer and the Issuer’s legal advisers and any other person authorised by the Issuer, may attend and speak at any meeting of the Noteholders.
Attendance and Quorum. If a Board member is unable to attend a Board meeting, the Member appointing such Board member shall have the right, at its option, to appoint an alternate Board member who will replace, for all purposes, the absent Board member at such meeting. A quorum for the transaction of business at any properly called Board’ meeting shall be four Board members, which must include two GDLS Designees and two FPI Designees, and except as otherwise required by this Agreement and the Act, any action or decision taken or made at a duly held meeting shall be the act of the Members.
Attendance and Quorum. The Designated Representatives of the Members or their designees may attend any regular or special meeting in person or by teleconference or other means. One or more Designated RepresentativeRepresentatives of each Member shall constitute a quorum at any regular or special meeting, unless the Non-Managing Member fails to attend such meeting after receiving notice thereof pursuant to Section 4.8(c), in which case one or more Designated Representatives of Members holding a majority of the Vertical Ownership Percentages shall constitute a quorum at any regular or special meeting.