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 Xxxxxx, 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 (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; provided, however, that: (i) the Meeting shall be dissolved if the relevant Issuer so decides; and (ii) no Meeting may be adjourned more than once for want of a quorum.

Appears in 1 contract

Samples: 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 XxxxxxNoteholders, it shall be dissolved; and (b) in the case of any other MeetingMeeting (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 (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 determinesdetermines (with the approval of the Trustee); provided, however, that: (i) the Meeting shall be dissolved if the relevant Issuer and the Trustee together so decidesdecide; and (ii) no Meeting may be adjourned more than once for want of a quorum.

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 XxxxxxNoteholders, it shall be dissolved; and (b) in the case of any other MeetingMeeting (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 (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 determinesdetermines (with the approval of the Trustee); provided, however, that: (i) the Meeting shall be dissolved if the relevant Issuer and the Trustee together so decidesdecide; and (ii) no Meeting may be adjourned more than once for want of a quorum.

Appears in 1 contract

Samples: Indenture (BMB Munai Inc)

ADJOURNMENT FOR WANT OF QUORUM. If within 15 minutes after the time fixed for any Meeting a quorum is not present, then: (a) 10.1 in the case of a Meeting requested by XxxxxxNoteholders, it shall be dissolved; and (b) 10.2 in the case of any other MeetingMeeting (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 (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 determinesdetermines (with the approval of the Trustee); provided, however, that: (i) 10.2.1 the Meeting shall be dissolved if the relevant Issuer and the Trustee so decidesdecide; and (ii) 10.2.2 no Meeting may be adjourned more than once for want of a quorum.

Appears in 1 contract

Samples: Amendment and Restatement 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 XxxxxxNoteholders, it shall be dissolved; and (b) in the case of any other MeetingMeeting (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 (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 determinesdetermines (with the approval of the Trustee); provided, however, that: (i) the Meeting shall be dissolved if the relevant Issuer and the Trustee together so decidesdecide; 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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