Common use of Inspectors Clause in Contracts

Inspectors. The Board of Directors or the chairman of the meeting may appoint, before or at the meeting, one or more inspectors for the meeting and any successor to the inspector. Except as otherwise provided by the chairman of the meeting, the inspectors, if any, shall (i) determine the number of shares of stock represented at the meeting, in person or by proxy, and the validity and effect of proxies, (ii) receive and tabulate all votes, ballots or consents, (iii) report such tabulation to the chairman of the meeting, (iv) hear and determine all challenges and questions arising in connection with the right to vote, and (v) do such acts as are proper to fairly conduct the election or vote. Each such report shall be in writing and signed by the inspector or by a majority of them if there is more than one inspector acting at such meeting. If there is more than one inspector, the report of a majority shall be the report of the inspectors. The report of the inspector or inspectors on the number of shares represented at the meeting and the results of the voting shall be prima facie evidence thereof.

Appears in 5 contracts

Samples: Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.), Subscription Agreement (HG Holdings, Inc.)

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Inspectors. The Board of Directors or the chairman chair of the meeting may appoint, before or at the meeting, one or more inspectors for the meeting and any successor to the inspector. Except as otherwise provided by the chairman chair of the meeting, the inspectors, if any, shall (ia) determine the number of shares of stock represented at the meeting, in person or by proxy, and the validity and effect of proxies, (iib) receive and tabulate all votes, ballots or consents, (iiic) report such tabulation to the chairman chair of the meeting, (ivd) hear and determine all challenges and questions arising in connection with the right to vote, and (ve) do such acts as are proper to fairly conduct the election or vote. Each such report shall be in writing and signed by the inspector or by a majority of them if there is more than one inspector acting at such meeting. If there is more than one inspector, the report of a majority shall be the report of the inspectors. The report of the inspector or inspectors on the number of shares represented at the meeting and the results of the voting shall be prima facie evidence thereof.

Appears in 4 contracts

Samples: Support Agreement (Mobile Infrastructure Corp), Adams Diversified Equity Fund, Inc., Adams Natural Resources Fund, Inc.

Inspectors. The Board of Directors or the chairman of the meeting may appoint, before or at the meeting, one or more inspectors for the meeting and any successor to the inspector. Except as otherwise provided by the chairman of the meeting, the inspectors, if any, shall (ia) determine the number of shares of stock represented at the meeting, in person or by proxy, and the validity and effect of proxies, (iib) receive and tabulate all votes, ballots or consents, (iiic) report such tabulation to the chairman of the meeting, (ivd) hear and determine all challenges and questions arising in connection with the right to vote, and (ve) do such acts as are proper to fairly conduct the election or vote. Each such report shall be in writing and signed by the inspector or by a majority of them if there is more than one inspector acting at such meeting. If there is more than one inspector, the report of a majority shall be the report of the inspectors. The report of the inspector or inspectors on the number of shares represented at the meeting and the results of the voting shall be prima facie evidence thereof.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.), Limited Liability Company Agreement (Colony NorthStar, Inc.), Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.)

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Inspectors. The Board of Directors or the chairman of the meeting may appointmeeting, before in advance of or at the any meeting, may, but need not, appoint one or more inspectors for the meeting and any successor to the an inspector. Except as otherwise provided by the chairman of the meeting, the inspectors, if any, shall (ia) determine the number of shares of stock represented at the meeting, in person or by proxy, and the validity and effect of proxies, (iib) receive and tabulate all votes, ballots or consents, (iiic) report such tabulation to the chairman of the meeting, (ivd) hear and determine all challenges and questions arising in connection with the right to vote, vote and (ve) do such acts as are proper to fairly conduct the election or vote. Each such report shall be in writing and signed by the inspector or by a majority of them if there is more than one inspector acting at such meeting. If there is more than one inspector, the report of a majority shall be the report of the inspectors. The report of the inspector or inspectors on the number of shares represented at the meeting and the results of the voting shall be prima facie evidence thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (CYS Investments, Inc.), Iii Agreement and Plan of Merger (Two Harbors Investment Corp.)

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