Quorum; Actions. A majority of the number of Managers then fixed by the Members shall constitute a quorum for transaction of business at any meeting of the Managers. The act of a majority of the Managers present at a meeting at which a quorum is present is the act of the Managers.
Appears in 2 contracts
Sources: Limited Liability Company Operating Agreement (Barcom China Holdings, LLC), Operating Agreement (Barcom China Holdings, LLC)
Quorum; Actions. A majority of the number of Managers then fixed by the Members shall constitute a quorum for transaction of business at any meeting of the Managers. The act of a majority of the total number of Managers present at a meeting at which a quorum is present is the act of the Managers.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Manchester Mall Inc), Limited Liability Company Agreement (Manchester Mall Inc)