Common use of Board Action Clause in Contracts

Board Action. Where an action called for under this Agreement is required to be taken by the Board of Directors, such action shall be taken by the vote of not less than a majority of the members then in office and authorized to vote on the matter.

Board Action. Where an action called for under this Agreement is required to be taken by the Board of Directors, such action shall be taken by the vote of not less than a majority of the members other than Executive then in office on the Board and authorized to vote on the matter.

Board Action. Where an action called for under this Agreement is required to be taken by the Board of Directors, such action shall be taken by the vote of not less than a majority of the members then in office and authorized to vote on the matter (or by a vote of not less than a majority of the independent Board members authorized to vote on the matter).

Board Action. Where Whenever this Agreement requires an action called for under this Agreement is required to be taken by of the Board of DirectorsBoard, such action shall be taken by require the consideration and vote of not less than a majority such members of the members then in office and authorized Board as is required under the By-laws of the Company with respect to vote on the mattermatter being considered for such action to be valid hereunder; unless otherwise specifically provided herein.