Common use of Voting; Binding Act Clause in Contracts

Voting; Binding Act. Each Manager shall have one (1) vote on all matters submitted on the Board. With respect to any matter before the Board, the act of a majority of the total number of the Managers shall be the act of the Board, except as may be otherwise specifically provided by Section7.

Appears in 2 contracts

Sources: Operating Agreement (Biotech Co LLC), Operating Agreement (Bioceres Group PLC)