Common use of Quorum; Vote Required for Action Clause in Contracts

Quorum; Vote Required for Action. The presence of two (2) Managers shall constitute a quorum for the transaction of business. All actions taken by the Board of Managers shall require the affirmative vote of a majority of the Managers then in office.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Yeah Iptv)

Quorum; Vote Required for Action. The presence of two (2) Managers Directors shall constitute a quorum for the transaction of business. All actions taken by the Board of Managers Directors shall require the affirmative vote of a majority of the Managers Directors then in office.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Yeah Iptv)

Quorum; Vote Required for Action. The presence of two (2) Managers shall constitute a quorum for the transaction of business. All actions taken by the Board of Managers shall require the affirmative vote of a majority of the Managers then in office.two (2)

Appears in 1 contract

Sources: Limited Liability Company Agreement (Cablevision Systems Corp /Ny)