Common use of ADJOURNMENT FOR WANT OF QUORUM Clause in Contracts

ADJOURNMENT FOR WANT OF QUORUM. If within 15 minutes after the time fixed for any Meeting a quorum is not present, then: (a) in the case of a Meeting requested by Noteholders, it shall be dissolved; and (b) in the case of any other Meeting, it shall be adjourned for such period (which shall be not less than 14 days and not more than 42 days) and to such place as the Chairperson determines; provided, however, that: (i) the Meeting shall be dissolved if the Relevant Issuer and the Guarantor (where the Relevant Issuer is CBQ Finance Limited) (acting together) so decide; and (ii) no Meeting may be adjourned more than once for want of a quorum.

Appears in 3 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

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ADJOURNMENT FOR WANT OF QUORUM. If within 15 minutes after the time fixed for any Meeting a quorum is not present, then: (a) in the case of a Meeting requested by Noteholders, it shall be dissolved; and (b) in the case of any other Meeting, it shall be adjourned for such period (which shall be not less than 14 days and not more than 42 days) and to such place as the Chairperson Chairman determines; provided, however, that: (i) the Meeting shall be dissolved if the Relevant Issuer and the Guarantor (where the Relevant Issuer is CBQ Finance Limited) (acting together) so decide; and (ii) no Meeting may be adjourned more than once for want of a quorum.

Appears in 2 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

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ADJOURNMENT FOR WANT OF QUORUM. If within 15 minutes after the time fixed for any Meeting a quorum is not present, then: (a) in the case of a Meeting requested by NoteholdersCB Holders, it shall be dissolved; and (b) in the case of any other MeetingMeeting (unless the Issuer and the CB Holders otherwise agree), it shall be adjourned for such period (which shall be not less than 14 days and not more than 42 days) and to such place as the Chairperson determinesChairman determines (with the approval of the CB Holders); provided, however, that: (i) the Meeting shall be dissolved if the Relevant Issuer and the Guarantor (where the Relevant Issuer is CBQ Finance Limited) (acting together) CB Holders together so decide; and (ii) no Meeting may be adjourned more than once for want of a quorum.

Appears in 1 contract

Samples: Subscription Agreement

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