Common use of Action Taken Clause in Contracts

Action Taken. Action is taken under this Section 6.11. only if at the end of the time stated in the notice, the affirmative vote for such action equals or exceeds the minimum number of votes that would be necessary to take such action at a meeting at which all of the members of the Standards Board then in office were present and voted.

Appears in 1 contract

Sources: Operating Agreement

Action Taken. Action is taken under this Section 6.11. 6.11 only if at the end of the time stated in the notice, the affirmative vote for such action equals or exceeds the minimum number of votes that would be necessary to take such action at a meeting at which all of the members of the Academy Standards Board then in office were present and voted.

Appears in 1 contract

Sources: Operating Agreement