Common use of Authorized Action Clause in Contracts

Authorized Action. All actions which the Association is allowed or required to take under this instrument and all approvals or disapprovals which the Association is authorized to make shall be authorized actions of the Association only if approved by the majority of Members of the Board of Directors of the Association present at a duly held meeting of such Board of Directors, unless the terms of this Declaration provide otherwise.

Appears in 2 contracts

Sources: Declaration of Covenants, Conditions, Restrictions and Easements, Declaration of Covenants, Conditions, Restrictions, and Easements

Authorized Action. All actions which the Association is allowed or required ----------------- permitted to take under this instrument and all approvals or disapprovals which the Association is authorized to make shall be authorized actions of the Association only if as approved by the majority of Members of the Board of Directors in the manner provided for in the Bylaws of the Association present at a duly held meeting of such Board of DirectorsAssociation, unless the terms of this Declaration provide otherwise.

Appears in 1 contract

Sources: Lease Agreement (Savoir Technology Group Inc/De)

Authorized Action. All actions which the Association is allowed or required to take under this instrument and all approvals or disapprovals which the Association is authorized to make shall be authorized actions of the Association only if as approved by the majority of Members of Board in the Board of Directors of manner provided for herein and in the Association present at a duly held meeting of such Board of DirectorsBylaws, unless the terms of this Declaration instrument provide otherwise.

Appears in 1 contract

Sources: Third Amendment to Declaration of Covenants, Conditions, Easements and Restrictions