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 (unless the Issuer and the Trustee 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 Chairman determines (with the approval of the Trustee); provided, however, that: (i) the Meeting shall be dissolved if the Issuer and the Trustee together so decide; and (ii) no Meeting may be adjourned more than once for want of a quorum. UK/1309140/10 - 43 - 246135/70-40262323

Appears in 1 contract

Samples: Indenture (BMB Munai Inc)

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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 NoteholdersXxxxxx, it shall be dissolved; and (b) in the case of any other Meeting (unless the Issuer and the Trustee otherwise agree)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 (which need not be a physical place and instead may be by way of a conference call, including via a videoconference platform) as the Chairman determines (with the approval of the Trustee)determines; provided, however, that: (i) the Meeting shall be dissolved if the relevant Issuer and the Trustee together so decidedecides; and (ii) no Meeting may be adjourned more than once for want of a quorum. UK/1309140/10 - 43 - 246135/70-40262323.

Appears in 1 contract

Samples: Issue and Paying Agency Agreement

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 (unless the Issuer and the Trustee otherwise agree), it shall be adjourned for such period (which shall be not less than 14 7 days and not more than 42 days) and to such place as the Chairman determines (with the approval of the Trustee); provided, however, that: (i) the Meeting shall be dissolved if the Issuer and the Trustee together so decide; and (ii) no Meeting may be adjourned more than once for want of a quorum. UK/1309140/10 - 43 - 246135/70-40262323.

Appears in 1 contract

Samples: Trust Deed

ADJOURNMENT FOR WANT OF QUORUM. If within 15 fifteen (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 (unless the Issuer and the Trustee otherwise agree), it shall be adjourned for such period (which shall be not less than 14 fourteen (14) days and not more than 42 forty-two (42) days) and to such place as the Chairman determines (with the approval of the Trustee); provided, however, that: (i) the Meeting shall be dissolved if the Issuer and the Trustee together so decide; and (ii) no Meeting may be adjourned more than once for want of a quorum. UK/1309140/10 - 43 - 246135/70-40262323.

Appears in 1 contract

Samples: Indenture (BMB Munai Inc)

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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 Meeting (unless the Issuer and the Trustee 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 Chairman determines (with the approval of the TrusteeCB Holders); provided, however, that: (i) the Meeting shall be dissolved if the Issuer and the Trustee CB Holders together so decide; and (ii) no Meeting may be adjourned more than once for want of a quorum. UK/1309140/10 - 43 - 246135/70-40262323.

Appears in 1 contract

Samples: Subscription Agreement

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