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Common use of Power to Adjourn Clause in Contracts

Power to Adjourn. The chairman of any meeting at which a quorum of the Debentureholders is present may with the consent of the holders of a majority in principal amount of the Debentures represented thereat adjourn any such meeting, and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe.

Appears in 1 contract

Samples: Debenture Trust Indenture (Power Plus Corp)

Power to Adjourn. The chairman of any meeting at which a quorum of the Debentureholders is present may may, with the consent of the holders Holders of a majority in principal amount of the Debentures represented thereat thereat, adjourn any such meeting, meeting and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe.. FINOVA Trust Indenture Page 48 of 61

Appears in 1 contract

Samples: Trust Indenture (Finova Group Inc)

Power to Adjourn. The chairman of any meeting at which a quorum of the Debentureholders is present may may, with the consent of the holders Holders of a majority in at least fifty percent (50%) of the principal amount of the Debentures represented thereat thereat, adjourn any such meeting, meeting and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe.

Appears in 1 contract

Samples: Trust Indenture (Sr Telecom Inc)

Power to Adjourn. The chairman Chairman of any meeting at which a quorum of the Debentureholders is present may may, with the consent of the holders of a majority in principal amount of the Debentures represented thereat meeting, adjourn any such meeting, and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe.

Appears in 1 contract

Samples: Trust Indenture (Gerdau Ameristeel Corp)

Power to Adjourn. The chairman of any meeting at which a quorum of the Debentureholders is present may with the consent of the holders of a majority in principal amount of the Debentures represented thereat thereat, adjourn any such meeting, meeting and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe.

Appears in 1 contract

Samples: Trust Indenture (American Natural Energy Corp)