Common use of Quorum; Voting Clause in Contracts

Quorum; Voting. Except as provided below or as otherwise specifically provided in the resolutions constituting a Committee and providing for the conduct of its meetings, a majority of the members of any Committee shall constitute a quorum for the transaction of business, and any action of such a Committee may be taken at a meeting by a vote of a majority of the members present (so long as a quorum is present) or evidenced by one or more writings signed by such a majority. Members of a Committee may participate in a meeting of such Committee by means of a conference telephone or other communications medium by means of which all persons participating in the meeting can hear and speak to each other.

Appears in 27 contracts

Sources: Bylaws (RMR Dividend Capture Fund), Bylaws (RMR Real Estate Income Fund), Bylaws (RMR Preferred Dividend Fund)

Quorum; Voting. Except as provided below or as otherwise specifically provided in the resolutions constituting a Committee and of the Trustees or a Charter providing for the conduct of its meetings, a majority of the members of any Committee of the Trustees shall constitute a quorum for the transaction of business, and any action of such a Committee may be taken at a meeting by a vote of a majority of the members present (so long as a quorum is being present) or evidenced by one or more writings, including writings submitted electronically, signed by such a majority. Members of a Committee may participate in a meeting of such Committee by means of a conference telephone or other communications medium equipment by means of which all persons participating in the meeting can hear each other at the same time and speak to each otherparticipation by such means shall constitute presence in person at a meeting.

Appears in 2 contracts

Sources: Bylaws (DoubleLine Equity Funds), Bylaws (Westchester Capital Funds)

Quorum; Voting. Except as provided below or as otherwise specifically provided in the resolutions constituting a Committee and providing for the conduct of its meetings, a majority of the members of any Committee shall constitute a quorum for the transaction of business, and any action of such a Committee may be taken at a meeting by a vote of a majority of the members present (so long as a quorum is present) or evidenced by one or more writings signed by such a majority. Members of a Committee may participate in a meeting of such Committee by means of a conference telephone or other communications medium by means of which all persons participating in the meeting can hear and speak to each other.. ARTICLE V

Appears in 1 contract

Sources: Bylaws (RMR Dividend Capture Fund)