Common use of Action by Majority Clause in Contracts

Action by Majority. If a quorum is present when a vote is taken, ------------------ the affirmative vote of a majority of Managers present is the act of the Board of Managers,

Appears in 8 contracts

Sources: Limited Liability Company Agreement (Huntsman Texas Holdings LLC), Limited Liability Company Agreement (Huntsman Texas Holdings LLC), Limited Liability Company Agreement (Huntsman Texas Holdings LLC)

Action by Majority. If a quorum is present when a vote is taken, ------------------ the affirmative vote of a majority of Managers present is the act of the Board of Managers,

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Huntsman Polymers Corp), Limited Liability Company Agreement (Huntsman Polymers Corp)

Action by Majority. If a quorum is present when a vote is ------------------ taken, ------------------ the affirmative vote of a majority of Managers present is the act of the Board of Managers,

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Huntsman Texas Holdings LLC), Limited Liability Company Agreement (Huntsman Texas Holdings LLC)

Action by Majority. If a quorum is present when a vote is taken, ------------------ the affirmative vote of a majority of Managers present is the act of the Board of Managers,. Managers may not vote by proxy.

Appears in 1 contract

Sources: Operating Agreement (Huntsman Polymers Corp)