Common use of Quorum of Managers Clause in Contracts

Quorum of Managers. Five Managers, at least four of whom shall be Appointed Managers, shall constitute a quorum for the transaction of business by the Board of Managers.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Dorchester Minerals Lp), Contribution Agreement (Dorchester Minerals Lp)

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Quorum of Managers. Five Managers, at least four of whom shall be Appointed Managers, Four Managers shall constitute a quorum for the transaction of business by the Board of Managers.

Appears in 2 contracts

Samples: Operating Agreement (Comstock Resources Inc), Operating Agreement (Bois D Arc Energy LLC)

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