Common use of Quorum of Directors Clause in Contracts

Quorum of Directors. A majority of the members of the Board of Directors shall constitute a quorum for the transaction of business, but if at any meeting of the Board there shall be less than a quorum present, a majority of those present may adjourn the meeting from time to time until a quorum shall have been obtained. When a quorum is present at any meeting, a majority of the members present shall decide any question brought before such meeting, except as otherwise provided by the Articles of Incorporation or by these Bylaws.

Appears in 1 contract

Samples: microsoft.gcs-web.com

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Quorum of Directors. A majority of the members At all meetings of the Board of Directors Directors, a majority of the directors shall constitute a quorum for the transaction of business, but if business and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the Board of Directors. If a quorum shall not be present at any meeting of the Board there shall be less than a quorum presentdirectors, a majority of those the directors present thereat may adjourn the meeting from time to time time, without notice other than announcement at the meeting, until a quorum shall have been obtained. When a quorum is present at any meeting, a majority of the members present shall decide any question brought before such meeting, except as otherwise provided by the Articles of Incorporation or by these Bylawsbe present.

Appears in 1 contract

Samples: Securities Purchase Agreement (Warburg Pincus Ventures Lp)

Quorum of Directors. A majority At any meeting of the members Board of Directors, except as otherwise provided by the Certificate of Incorporation, or by these By-Laws, a majority of the Board of Directors shall constitute a quorum for the transaction of business, but if at any meeting of the Board there shall be less than a quorum present. However, a majority of those present lesser number, when not constituting a quorum, may adjourn the meeting from time to time until a quorum shall have been obtained. When a quorum is be present at any meeting, a majority of the members present shall decide any question brought before such meeting, except as otherwise provided by the Articles of Incorporation or by these Bylawsrepresented.

Appears in 1 contract

Samples: Exchange Agreement (Royal Acceptance Corp)

Quorum of Directors. A majority of the members (a) At all meetings of the Board of Directors Directors, one-third of the entire Board, but not less than two directors, shall constitute a quorum for the transaction of business, but if at any meeting business and the act of the Board there shall be less than a quorum present, a majority of those present may adjourn the meeting from time to time until a quorum shall have been obtained. When a quorum is present at any meeting, a majority of the members directors present at any meeting at which there is a quorum shall decide any question brought before such meetingbe the act of the Board of Directors, except as otherwise provided by the Articles of Incorporation or by these Bylawsin Section 2.05 hereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CALGON CARBON Corp)

Quorum of Directors. A majority of the members of the Board of Directors shall constitute a quorum for the transaction of business, but if unless a greater number is required by law or the Articles of Incorporation. If a quorum shall not be present at any meeting of the Board there shall be less than a quorum presentof Directors, a majority of those the directors present thereat may adjourn the meeting from time to time time, without notice other than announcement at the meeting, until a quorum shall have been obtained. When a quorum is present at any meeting, a majority of the members present shall decide any question brought before such meeting, except as otherwise provided by the Articles of Incorporation or by these Bylawsbe present.

Appears in 1 contract

Samples: Escrow and Contribution Agreement (Wyndham Hotel Corp)

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Quorum of Directors. A majority of the members At all meetings of the Board of Directors Directors, a majority of the entire Board, but not less than two directors, shall constitute a quorum for the transaction of business, but if at any meeting except that when a board of the Board there one director is authorized, then one director shall be less than constitute a quorum present, a majority quorum. The act of those present may adjourn the meeting from time to time until a quorum shall have been obtained. When a quorum is present at any meeting, a majority of the members directors present at any meeting at which there is a quorum shall decide any question brought before such meeting, be the act of the Board of Directors except as otherwise provided by the Articles of Incorporation or by these Bylawsin Section 2.05 hereof.

Appears in 1 contract

Samples: 1998 Employee Incentive Plan

Quorum of Directors. A At all meetings of the board of directors, a majority of the members of the Board of Directors directors shall constitute a quorum for the transaction of business, but if business and the act or a majority of the directors present at any meeting at which there is a quorum shall be an act of the Board there shall be less than board of directors. If a quorum presentis not present at a meeting, a majority of those the directors present may adjourn the meeting from time to time time, without notice other than an announcement at the meeting, until a quorum shall have been obtained. When a quorum is present at any meeting, a majority of the members present shall decide any question brought before such meeting, except as otherwise provided by the Articles of Incorporation or by these Bylawspresent.

Appears in 1 contract

Samples: Employment Agreement (Promedco Management Co)

Quorum of Directors. A majority of the members of the Board of Directors shall will constitute a quorum for the transaction of business, but if unless a greater number is required by law or the Certificate of Incorporation. If a quorum is not present at any meeting of the Board there shall be less than a quorum presentof Directors, a majority of those the directors present thereat may adjourn the meeting from time to time time, without notice other than announcement at the meeting, until a quorum shall have been obtained. When a quorum is present at any meeting, a majority of the members present shall decide any question brought before such meeting, except as otherwise provided by the Articles of Incorporation or by these Bylawspresent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Encore Capital Group Inc)

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