Quorum and Vote. The presence of a majority of the Managers shall constitute a quorum for the transaction of business. The vote of a majority of the Managers shall be the act of the Board.
Quorum and Vote. The presence of a majority of the Managers shall constitute a quorum for the transaction of business. A meeting may be adjourned despite the absence of a quorum, and notice of an adjourned meeting is not necessary if the time and place to which the meeting is adjourned are fixed at the meeting at which the adjournment is taken and if the period of adjournment does not exceed one (1) month for any one adjournment. The affirmative vote of a majority of the Managers present at a meeting at which a quorum is present shall constitute the act of the Managers, unless the vote of a greater number is required under the Articles, this Agreement, or the Act.
Quorum and Vote. At all meetings of the Board of Directors, the presence of a majority of the total authorized number of Directors under Section 2.02 hereof shall be necessary and sufficient to constitute a quorum for the transaction of business. Except when otherwise required by statute, by the Restated Certificate of Incorporation or by these By-Laws, the vote of a majority of the total number of Directors present and acting at a meeting at which a quorum is present shall be the act of the Board of Directors. In the absence of a quorum, a majority of the Directors present may adjourn the meeting from time to time, until a quorum shall be present.
Quorum and Vote. In order to be valid, the deliberations and decisions of the Board of Directors shall be taken with the presence vote of at least 3 members, principals or alternates, of the Board of Directors and the favorable vote of the majority of the members.
Quorum and Vote. 3.9.1 A majority of the directors in office immediately before a meeting begins will constitute a quorum for the transaction of business. A majority of the directors present, in the absence of a quorum, may adjourn from time to time but may not transact any business.
Quorum and Vote. A majority of the Sponsor Members of the Corporation entitled to vote, represented in person or by proxy, shall constitute a quorum at a meeting of the members, and the act of a majority of the Sponsor Members present at any meeting shall be the act of the members.
Quorum and Vote. At all meetings of the Board of Directors the presence of a majority of the directors shall be necessary and sufficient to constitute a quorum for the transaction of business. The vote of a majorityof the directors present at the time of the vote, if a quorum is present at such time, shall be the act of the Board of Directors, except as may be otherwise provided by statute, by the Certificate of Incorporation, or by other provisions of the By-Laws.
Quorum and Vote. A quorum shall consist of four (4)
Quorum and Vote. Fifty-one percent of the voting members of the Board of Directors shall constitute a quorum for the transaction of business at any meeting of the Board of Directors. However, if less than such number is present at a meeting, a majority of the Directors present may adjourn the meeting from time to time without further notice. Except as otherwise provided by statute, the Foundation's Articles of Organization, this Operating Agreement, or other applicable instrument, the vote of a majority of the Directors present at the time of the vote when a quorum exists shall be deemed the act of the Board of Directors.
Quorum and Vote. At all meetings of the Board of Directors the presence of one-third of the entire Board, but not less than two directors, shall constitute a quorum for the transaction of business. Any one or more members of the Board of Directors or of any committee thereof may participate in a meeting of the Board of Directors or a committee thereof by means of a conference telephone or similar communications equipment which allows all persons participating in the meeting to hear each other at the same time. Participation by such means shall constitute presence in person at such a meeting. The vote of a majority of the directors present at the time of the vote, if a quorum is present at such time, shall be the act of the Board of Directors, except as may be otherwise provided by statute or the By-Laws.
