Quorum and Votes Sample Clauses

Quorum and Votes. Two (2) members of the JLMC representing each party shall be a quorum to transact official business. JLMC decisions shall be by a majority vote. The number of votes cast by the representatives of either party shall not exceed the number of votes cast by the other party regardless of the number of representatives present. The decision of the JLMC shall be final and binding except as otherwise provided in this Agreement.
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Quorum and Votes. A. The quorum for decisions of the Investment Committee shall be any two members of whom one shall be a member nominated by Datai Bay Investment Ltd. (or his proxy). A duly convened meeting of the Investment Committee which is quorate shall have the power to exercise all or any of the powers, authorities or discretions vested in or exercisable by the Investment Committee.
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Quorum and Votes. (a) One more than half of the Directors of the Board shall constitute a quorum for the purpose of transacting business.
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Quorum and Votes. A quorum of PEB members is required to consider binding decisions. The quorum need not all be physically present in the same location (see iv below). A majority of PEB members shall constitute a quorum. A vote of a majority of the quorum is required to approve binding decisions, unless otherwise provided in this agreement. Nonetheless, it is the intent of the PEB to seek consensus on all matters brought before them.
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Quorum and Votes 
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Related to Quorum and Votes

  • Quorum and Voting The holders of a majority of the Outstanding Units of the class or classes for which a meeting has been called (including Outstanding Units deemed owned by the General Partner) represented in person or by proxy shall constitute a quorum at a meeting of Limited Partners of such class or classes unless any such action by the Limited Partners requires approval by holders of a greater percentage of such Units, in which case the quorum shall be such greater percentage. At any meeting of the Limited Partners duly called and held in accordance with this Agreement at which a quorum is present, the act of Limited Partners holding Outstanding Units that in the aggregate represent a majority of the Outstanding Units entitled to vote and be present in person or by proxy at such meeting shall be deemed to constitute the act of all Limited Partners, unless a greater or different percentage is required with respect to such action under the provisions of this Agreement, in which case the act of the Limited Partners holding Outstanding Units that in the aggregate represent at least such greater or different percentage shall be required. The Limited Partners present at a duly called or held meeting at which a quorum is present may continue to transact business until adjournment, notwithstanding the withdrawal of enough Limited Partners to leave less than a quorum, if any action taken (other than adjournment) is approved by the required percentage of Outstanding Units specified in this Agreement (including Outstanding Units deemed owned by the General Partner). In the absence of a quorum any meeting of Limited Partners may be adjourned from time to time by the affirmative vote of holders of at least a majority of the Outstanding Units entitled to vote at such meeting (including Outstanding Units deemed owned by the General Partner) represented either in person or by proxy, but no other business may be transacted, except as provided in Section 13.7.

  • Quorum and Required Vote (a) The holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

  • Quorum; Voting A majority of the members of any Committee of the Trustees shall constitute a quorum for the transaction of business, and any action of such a Committee may be taken at a meeting by a vote of a majority of the members present (a quorum being present).

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