Quorum Requirements. Subject to Section 2.2, the quorum which shall be required for action to be taken by the Board (other than an adjournment of any meeting of the Board) shall be the GECC Designee, the Permal Designee, the THLi Fund Designee and the Hawl▇▇ ▇▇▇ignee. Directors participating by telephone conference in any meeting of the Board shall be considered in determining whether a quorum of directors is present.
Appears in 3 contracts
Sources: Stockholders Agreement (Th Lee Putnam Internet Fund Advisors LLC), Stockholders Agreement (Krauses Furniture Inc), Stockholders Agreement (Krauses Furniture Inc)
Quorum Requirements. Subject to Section 2.2, the quorum which shall be required for action to be taken by the Board (other than an adjournment of any meeting of the Board) shall be the GECC Designee, the Permal Designee, the THLi Fund Designee and the Hawl▇▇ ▇▇▇ignee▇▇▇ Designee. Directors participating by telephone conference in any meeting of the Board shall be considered in determining whether a quorum of directors is present.
Appears in 2 contracts
Sources: Stockholders Agreement (General Electric Capital Corp), Stockholders Agreement (Worms & Co Inc)
Quorum Requirements. Subject to Section 2.2, the quorum which shall be required for action to be taken by the Board (other than an adjournment of any meeting of the Board) shall be the GECC Designee, the Permal Designee, the THLi Fund Designee and the Hawl▇▇ H▇▇▇ignee▇▇. Directors participating by telephone conference in any meeting of the Board shall be considered in determining whether a quorum of directors is present.
Appears in 1 contract