Common use of ADJOURNMENT FOR WANT OF QUORUM Clause in Contracts

ADJOURNMENT FOR WANT OF QUORUM. If within 15 minutes after the commencement of any Meeting (other than a Single Call Meeting) a quorum is not present, then it shall be adjourned for such period which shall be: (a) in the case of a Second Meeting: (i) where specified in the notice to Noteholders of the Initial Meeting, not less than one day and not more than 30 days following the date of the Initial Meeting; (ii) in all other cases, not less than 21 days and not more than 30 days following the date of the Initial Meeting; (b) in the case of a Third Meeting or any subsequent meeting: (i) where specified in the notice to Noteholders of the Initial Meeting, not less than one day and not more than 30 days following the date of the Second Meeting; (ii) in all other cases, not less than 21 days and not more than 30 days following the date of the Second Meeting;

Appears in 10 contracts

Samples: Provisions for Meetings of Noteholders, Provisions for Meetings of Noteholders, Provisions for Meetings of Noteholders

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ADJOURNMENT FOR WANT OF QUORUM. If within 15 minutes after the commencement of any Meeting (other than a Single Call MeetingMeetings) a quorum is not present, then it shall be adjourned for such period which shall be: (a) in the case of a Second Meeting: (i) where specified in the notice to Noteholders of the Initial Meeting, not less than one day and not more than 30 days following the date of the Initial Meeting;; and (ii) in all other cases, not less than 21 days and not more than 30 days following the date of the Initial Meeting;. (b) in the case of a Third Meeting or any subsequent meetingFurther Meeting: (i) where specified in the notice to Noteholders of the Initial Meeting, not less than one day and not more than 30 days following the date of the Second Meeting;Meeting or any subsequent meeting; and (ii) in all other cases, not less than 21 days and not more than 30 days following the date of the Second Meeting;Meeting or any subsequent meeting,

Appears in 2 contracts

Samples: Issue and Paying Agency Agreement, Meeting Provisions

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