Common use of No Quorum Clause in Contracts

No Quorum. If a quorum of Special Warrantholders is not present within 30 minutes after the time appointed for holding a meeting, the meeting, if convened by Special Warrantholders or on a Special Warrantholders’ Request, will be dissolved, but, subject to Section 8.12 hereof, in any other case will stand adjourned to the same day in the next week (unless such day is not a Business Day, in which case it will be adjourned to the next following Business Day) at the same time and place and no notice of the adjournment need be given.

Appears in 2 contracts

Samples: Special Warrant Indenture (Ivanhoe Energy Inc), Special Warrant Indenture (Ivanhoe Energy Inc)

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No Quorum. If a quorum of Special Warrantholders is not present within 30 minutes after the time appointed for holding a meeting, the meeting, if convened by Special Warrantholders or on a Special Warrantholders' Request, will be dissolved, but, subject to Section 8.12 7.12 hereof, in any other case will stand adjourned to the same day in the next week (unless such day is not a Business Day, in which case it will be adjourned to the next following Business Day) at the same time and place and no notice of the adjournment need be given.

Appears in 1 contract

Samples: Special Warrant Indenture

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No Quorum. If a quorum of Special Warrantholders is not present within 30 minutes after the time appointed for holding a meeting, the meeting, if convened by Special Warrantholders or on a Special Warrantholders’ Request, will be dissolved, but, subject to Section 8.12 section 7.12 hereof, in any other case will stand adjourned to the same day in the next week (unless such day is not a Business Day, in which case it will shall be adjourned to the next following Business Day) at the same time and place and no notice of the adjournment need be given.

Appears in 1 contract

Samples: Special Warrant Indenture (Nord Resources Corp)

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