Common use of Call and Notice of Meetings Clause in Contracts

Call and Notice of Meetings. Any such meeting of the Unitholders may be called by the Trustee in its discretion and will be called by the Trustee at the written request of Depositor, Grantor or Unitholders owning of record not less than fifteen percent (15%) in number of the Units then outstanding. All such meetings shall be held at such time and at such place in New York, New York, as the notice of any such meeting may designate. Except as may otherwise be required by applicable law or by any securities exchange or market system on which the Units are admitted for trading, as applicable, written notice of every meeting of the Unitholders signed by the Trustee setting forth the time and place of the meeting and in general terms the matters proposed to be acted upon at such meeting shall be given in person or by mail not more than sixty (60) nor less than twenty (20) days before such meeting is to be held to all of the Unitholders of record as of a record date set by the Trustee (the “Record Date Unitholders”), which shall be not more than sixty (60) days before the date of such mailing. No matter other than that stated in the notice shall be acted upon at any meeting. If such notice is given to any Unitholder by mail, it shall be directed to him at his last address as shown by the ownership ledger of the Trustee and shall be deemed duly given when so addressed and deposited in the United States mail, postage paid. Only Record Date Unitholders shall be entitled to notice of and to exercise rights at or in connection with the meeting. Except as provided in Section 8.6, any action required by this Agreement to be taken at a meeting of the Unitholders, or any action which may be taken at a meeting of the Unitholders, may not be taken and shall not be effective without an actual meeting of the Unitholders, prior written notice to the Unitholders thereof and a vote by the Unitholders with respect thereto.

Appears in 2 contracts

Samples: Royalty Trust Agreement (Gulf Coast Ultra Deep Royalty Trust), Royalty Trust Agreement (Gulf Coast Ultra Deep Royalty Trust)

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Call and Notice of Meetings. Any such meeting of the Unitholders may be called by the Trustee in its discretion and will be called or by the Trustee at the written request of Depositor, Grantor or Unitholders owning of record not less than fifteen percent (15%) % in number of the Units then outstandingoutstanding Units. The Delaware Trustee may call such a meeting but only for the purpose of appointing a successor to it upon its resignation. All such meetings shall be held at such time and at such place in New YorkFort Worth, New YorkTexas, as the notice of any such meeting may designate. Except as may be otherwise be required by applicable law or by any securities exchange or market system on which the Units are admitted listed for trading, as applicable, written notice of every meeting of the Unitholders signed by the Trustee or the Unitholders calling the meeting (or the Delaware Trustee if calling the meeting), setting forth the time and place of the meeting and in general terms the matters proposed to be acted upon at such meeting meeting, shall be given in person or person, by mail or electronic publication not more than sixty (60) 60 nor less than twenty (20) 20 days before such meeting is to be held to all of the Unitholders of record as of on a record date set selected by the Trustee (the "Record Date Unitholders”), ") which shall be not more than sixty (60) 60 days before the date of such mailing. No matter other than that stated in the notice shall be acted upon at any meeting. If such notice is given to any Unitholder by mail, it shall be directed to him at his last address as shown by the ownership ledger of the Trustee and shall be deemed duly given when so addressed and deposited in the United States mail, postage paid. No matter other than that stated in the notice shall be acted upon at any meeting. Only Record Date Unitholders of record at the close of business on the record date selected by the Trustee for such meeting shall be entitled to notice of and to exercise rights at or in connection with the meeting. Except as provided in Section 8.6, any action required by this Agreement to be taken at a meeting of the Unitholders, or any action which may be taken at a meeting of the Unitholders, may not be taken and shall not be effective without an actual meeting of the Unitholders, prior written notice to the Unitholders thereof and a vote by the Unitholders with respect thereto.

Appears in 1 contract

Samples: Eastern States Oil & Gas Inc

Call and Notice of Meetings. Any such meeting of the Unitholders Unit Holders may be called by the Trustee in its discretion and will be called by the Trustee at the (i) as soon as practicable after receipt of a written request by the Company or (ii) as soon as practicable after receipt of Depositor, Grantor or Unitholders a written request that sets forth in reasonable detail the action proposed to be taken at such meeting and is signed by unit Holders owning of record not less than fifteen 25 percent (15%) in number of the Units then outstanding. All such meetings shall outstanding units or (iii) as may be held at such time and at such place in New York, New York, as the notice required by applicable law or regulations of any such meeting may designatestock exchange on which the Units are listed. Except as may be otherwise be required by applicable law or by any securities stock exchange or market system on which the Units are admitted for trading, as applicablelisted, written notice signed by the Trustee (which signature may be a facsimile) of every meeting of the Unitholders signed by the Trustee Unit Holders setting forth the time and place of the such meeting and in general terms the matters proposed to be acted upon at such meeting shall be given in person or by mail not more than sixty (60) 60 nor less fewer than twenty (20) 10 days before such meeting is to be held to all of the Unitholders Unit Holders of record as of on a record date set ("Voting Record Date") selected by the Trustee (the “Trustee, which Voting Record Date Unitholders”), which shall not be not more than sixty (60) 60 days before the date of such mailingmeeting. If such notice is given to any Unit Holder by mail, it shall be directed to him at his last address as shown by the records of the Trustee and shall be deemed to have been duly given when so addressed and deposited in the United States mail, postage prepaid. No matter other than that stated in the notice shall be acted upon at any meeting. If All such notice is given to any Unitholder by mail, it meetings shall be directed to him held at his last address as shown by the ownership ledger of the Trustee such time and shall be deemed duly given when so addressed and deposited place in the United States mailBorough of Manhattan, postage paid. Only Record Date Unitholders shall be entitled to The City of New York, as the notice of and to exercise rights at or in connection with the meeting. Except as provided in Section 8.6, any action required by this Agreement to be taken at a such meeting of the Unitholders, or any action which may be taken at a meeting of the Unitholders, may not be taken and shall not be effective without an actual meeting of the Unitholders, prior written notice to the Unitholders thereof and a vote by the Unitholders with respect theretodesignate.

Appears in 1 contract

Samples: Prudhoe Bay Royalty Trust Agreement (Bp Prudhoe Bay Royalty Trust)

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Call and Notice of Meetings. Any such meeting of the Unitholders may be called by the Trustee in its discretion and will be called by the Trustee at the written request of Depositor, Grantor or Unitholders owning of record not less than fifteen percent (15%) in number of the Units then outstanding. All such meetings shall be held at such time and at such place in New YorkHarris County, New YorkTexas, as the notice of any such meeting may designate. Except Xxxxxt as may otherwise be required by applicable law or by any securities exchange or market system on which the Units are admitted for trading, as applicable, written notice of every meeting of the Unitholders signed by the Trustee setting forth the time and place of the meeting and in general terms the matters proposed to be acted upon at such meeting shall be given in person or by mail not more than sixty (60) nor less than twenty (20) days before such meeting is to be held to all of the Unitholders of record as of a record date set by the Trustee (the “Record Date Unitholders”"RECORD DATE UNITHOLDERS"), which shall be not more than sixty (60) days before the date of such mailing. No matter other than that stated in the notice shall be acted upon at any meeting. If such notice is given to any Unitholder by mail, it shall be directed to him at his last address as shown by the ownership ledger of the Trustee and shall be deemed duly given when so addressed and deposited in the United States mail, postage paid. Only Record Date Unitholders shall be entitled to notice of and to exercise rights at or in connection with the meeting. Except as provided in Section 8.6, any action required by this Agreement to be taken at a meeting of the Unitholders, or any action which may be taken at a meeting of the Unitholders, may not be taken and shall not be effective without an actual meeting of the Unitholders, prior written notice to the Unitholders thereof and a vote by the Unitholders with respect thereto.

Appears in 1 contract

Samples: Royalty Trust Agreement (Newfield Exploration Co /De/)

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