Common use of Quorum; Vote Required for Action Clause in Contracts

Quorum; Vote Required for Action. (a) Subject to the provisions of Article X, at all meetings of the Board of Directors, a majority of the whole Board of Directors shall constitute a quorum for the transaction of business. Unless the Certificate of Incorporation or these Bylaws otherwise provide, the vote of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors. A meeting at which a quorum is initially present may continue to transact business notwithstanding the withdrawal of Directors, if any action taken is approved by at least a majority of the required quorum for that meeting.

Quorum; Vote Required for Action. (a) Subject to the provisions of Article X, at At all meetings of the Board of Directors, a majority of the whole Board of Directors shall constitute a quorum for the transaction of business. Unless the Certificate of Incorporation or these Bylaws otherwise provide, the The vote of a majority of the Directors Managers present at a meeting at which a quorum is present shall be required and shall be sufficient for approval of any action taken by the act Board and shall constitute a Consent of the Board of Directorsunder this Agreement. A The Board cannot approve any action at a meeting at which a quorum is initially present may continue to transact business notwithstanding the withdrawal of Directors, if any action taken is approved by at least a majority of the required quorum for that meetingnot present.