Common use of Quorum; Majority Vote Clause in Contracts

Quorum; Majority Vote. At all meetings of the Board of Managers, a majority of the members of the Board of Managers shall constitute a quorum for the transaction of business. Except as otherwise provided in this Operating Agreement, the act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Board of Managers. If a quorum shall not be present at any meeting of the Board of Managers, the Managers present thereat may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum is present.

Quorum; Majority Vote. At all meetings of the Board of Managers, a majority of the members of the Board of Managers shall constitute a quorum for the transaction of business. Except as otherwise provided in this Operating Agreement, the act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Board of Managers. If a quorum shall not be present at any meeting of the Board of Managers, the Managers present thereat may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum is present.

Quorum; Majority Vote. At all meetings of the Board of ManagersDirectors, a majority of the members of the entire Board of Managers Directors shall constitute a quorum for the transaction of business. Except as otherwise provided in this Operating Agreement, the act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Board of Managers. If a quorum shall not be present at any meeting of the Board of ManagersDirectors there be less than a quorum present, a majority of those present or the Managers sole Director present thereat may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum is present.

Quorum; Majority Vote. At all meetings of the Board of Managers, a majority of the members of the Board of five Managers shall constitute a quorum for the transaction of business. Except as otherwise provided in this Operating Agreement, the The act of a majority of the Managers present at any meeting at which a quorum is present shall be the act of the Board of ManagersManagers unless the act of a greater number, or the act of Managers elected by certain Classes is required by this Operating Agreement. If a quorum shall not be present at any meeting of the Board of Managers, the Managers present thereat may adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum is present.