Common use of Majority Approval Clause in Contracts

Majority Approval. Except as otherwise specified in Article 11.3(b), all decisions of the Board of Directors shall require the affirmative vote of more than 50 percent of the vote total in accordance with Article 11.2.

Appears in 2 contracts

Sources: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement

Majority Approval. Except as otherwise specified in Article 11.3(b), all decisions of the Board of Directors shall require the affirmative vote of more than 50 percent of the vote total in accordance with Article 11.2.

Appears in 1 contract

Sources: Joint Exercise of Powers Agreement