Common use of Power to Adjourn Clause in Contracts

Power to Adjourn. The chairman of any meeting at which a quorum is present may, with the consent of the Holders of a majority in principal amount of the outstanding TCPL Sub Notes 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 2 contracts

Samples: Trust Indenture (TransCanada Trust), Trust Indenture (Transcanada Pipelines LTD)

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Power to Adjourn. The chairman of any meeting at which a quorum of the Registered Holders is present may, may with the consent of the Holders holders of a majority in principal amount of the outstanding TCPL Sub Notes represented thereat, thereat and voting thereon adjourn any such meeting and no notice of such adjournment need be given except such notice, notice (if any, ) as the meeting may prescribe.

Appears in 2 contracts

Samples: Trust Indenture (American Express Credit Corp), Trust Indenture (Caterpillar Financial Services Corp)

Power to Adjourn. The chairman of any meeting at which a quorum of the applicable Holders is present may, may with the consent of the Holders holders of a majority in principal amount of the outstanding TCPL Sub Notes applicable Securities represented thereat, 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 2 contracts

Samples: Indenture (Ventas Inc), Indenture (Welltower Inc.)

Power to Adjourn. The chairman of any meeting at which a quorum is present may, with the consent of the Holders of a majority in principal amount of the outstanding TCPL Sub Trust Notes 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 2 contracts

Samples: Trust Indenture (TransCanada Trust), Trust Indenture (Transcanada Pipelines LTD)

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Power to Adjourn. The chairman of any a meeting at which a quorum of Holders is present may, with the consent of the Holders of a majority in aggregate principal amount of the outstanding TCPL Sub Notes Outstanding Securities present or represented 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: Indenture (Canadian National Railway Co)

Power to Adjourn. The chairman of any a meeting at which a quorum of Holders is present may, with the consent of the Holders of a majority in 66 2/3% of the aggregate principal amount of the outstanding TCPL Sub Notes Securities present or represented 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 (Great Basin Gold LTD)

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