Quorum; Action. (a) Two or more persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of Debentureholders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened. (b) Except as limited by Section 12.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders of such specified percentage in principal amount of Outstanding Debentures. (c) Any resolution passed or decision taken at any meeting of Debentureholders duly held in accordance with this Section 9.5 will be binding on all Debentureholders, whether or not present or represented at the meeting.
Appears in 5 contracts
Samples: Indenture (C21 Investments Inc.), Indenture (C21 Investments Inc.), Indenture (C21 Investments Inc.)
Quorum; Action. (a) Two or more persons Persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of DebentureholdersHolders. In the absence of a quorum within 30 thirty (30) minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 ten (10) days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders Holders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1subsection 14.2(a), except that such notice need be given only once not less than five (5) days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except as limited by Section 12.2subsection 17.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, Holders of a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2subsection 17.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of Outstanding Debentures.
(c) Any resolution passed or decision taken at any meeting of Debentureholders Holders duly held in accordance with this Section 9.5 section 14.5 will be binding on all DebentureholdersHolders, whether or not present or represented at the meeting.
Appears in 3 contracts
Samples: Subscription Agreement (Fairfax Financial Holdings LTD/ Can), Indenture (Fairfax Financial Holdings LTD/ Can), Subscription Agreement (Fairfax Financial Holdings LTD/ Can)
Quorum; Action. (a) Two or more persons entitled to vote 25% in principal amount of Outstanding Debentures Warrants shall constitute a quorum for a meeting of DebentureholdersHolders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders Holders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except as limited by Section 12.210.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Debentures Warrants present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.210.2, any resolution with respect to any Act that this Warrant Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures Warrants may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders of such specified percentage in principal amount of Outstanding DebenturesWarrants.
(c) Any resolution passed or decision taken at any meeting of Debentureholders Holders duly held in accordance with this Section 9.5 7.5 will be binding on all DebentureholdersHolders, whether or not present or represented at the meeting.
Appears in 3 contracts
Samples: Warrant Indenture (C21 Investments Inc.), Warrant Indenture (C21 Investments Inc.), Warrant Indenture (C21 Investments Inc.)
Quorum; Action. (a) Two or more persons entitled to vote The Holders representing not less than 25% in principal amount of Outstanding Debentures the aggregate Liquidation Amount of the applicable Guaranteed Class A Preferred LP Units shall constitute a quorum for a meeting of Debentureholderssuch Holders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 11.2(a), except that such notice need be given only once not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) . At the reconvening of any meeting adjourned for lack of a quorum, the Holders of the applicable Guaranteed Class A Preferred LP Units entitled to vote at such meeting present in person or by proxy shall constitute a quorum for the taking of any action set forth in the notice of the original meeting. Except as limited by the proviso to Section 12.28.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, the Holders representing not less than a majority in principal amount of the Debentures present or aggregate Liquidation Amount of the applicable Guaranteed Class A Preferred LP Units represented by proxy at such meeting in person or adjourned meetingby proxy; provided, however, that, except as limited by the proviso to Section 12.28.2, any resolution with respect to any Act that request, demand, authorization, direction, notice, consent, waiver or other action which this Indenture Guarantee expressly provides may be made, given or taken by the Holders of a specified percentage, percentage which is more or less than a majority, in principal amount majority of Outstanding Debentures the aggregate Liquidation Amount of all of the then outstanding units of the applicable Guaranteed Class A Preferred LP Units may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of not less than such specified percentage in principal amount of Outstanding Debentures.
(c) the aggregate Liquidation Amount of all of the then outstanding units of the applicable Guaranteed Class A Preferred LP Units present at such meeting. Any resolution passed or decision taken at any meeting of Debentureholders Holders duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders, whether or not present or represented at the meeting.
Appears in 3 contracts
Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.), Guarantee Indenture (Brookfield Renewable Corp), Guarantee Indenture (Brookfield Renewable Partners L.P.)
Quorum; Action. (a) Two or more persons The Persons entitled to vote 25% a majority in principal amount of Outstanding Debentures Securities of a series shall constitute a quorum for a meeting of DebentureholdersHolders of Securities of such series; provided, however, that if any action is to be taken at such -80- 89 meeting with respect to a consent or waiver which this Indenture expressly provides may be given by the Holders of not less than a specified percentage, which is less than a majority, in principal amount of Outstanding Securities of a series, there shall be no quorum requirement. In the absence of a required quorum within 30 minutes of after the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders of Securities of such series, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at the reconvening of any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting may be further adjourned for a period of not less than 10 days; at the reconvening of any meeting adjourned or further adjourned for lack of a quorum, the persons entitled to vote 25% in the aggregate principal amount of Securities at the time outstanding shall constitute a quorum for the quorum and taking of any action set forth in the business for which notice of the meeting was adjourned may be transactedoriginal meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 1502(a), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) . Notice of the reconvening of any adjourned meeting shall state expressly the percentage of the principal amount of Outstanding Securities of such series which shall constitute such required quorum. Except as limited by the proviso to Section 12.2902, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, the persons entitled to vote a majority in aggregate principal amount of the Debentures present or Outstanding Securities represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by the proviso to Section 12.2902, any resolution with respect to any Act request, demand, authorization, direction, notice, consent, waiver or other action which this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Securities of a series may be adopted at a meeting or an adjourned meeting duly reconvened by the affirmative vote of the Holders of such specified percentage in principal amount of Outstanding Securities of that series. Any resolution passed or decision taken at any meeting of Holders of Securities of any series duly held in accordance with this Section 1504 shall be binding on all the Holders of Securities of such series and the related coupons, whether or not present or represented at the meeting. Notwithstanding the foregoing provisions of this Section 1504, if any action is to be taken at a meeting of Holders of Securities of any series with respect to any request, demand, authorization, direction, notice, consent, waiver or other action that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of all Outstanding Debentures may be adopted at a meeting Securities affected thereby, or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in series and one or more additional series:
(i) there shall be no quorum requirement for such meeting; and
(ii) the principal amount of Outstanding Debentures.
(c) Any resolution passed Securities affected thereby that vote in favor of such request, demand, authorization, direction, notice, consent, waiver or decision taken at any meeting of Debentureholders duly held in accordance with this Section 9.5 will be binding on all Debentureholders, whether or not present or represented at the meeting.other action shall
Appears in 2 contracts
Samples: Indenture (Potash Corporation of Saskatchewan Inc), Indenture (Potash Corporation of Saskatchewan Inc)
Quorum; Action. (a) Two or more persons Persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of Debentureholders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1section 13.2(a), except that such notice need be given only once not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except as limited by Section 12.2section 17.1(b), any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, Holders of a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2section 17.1(b), any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of Outstanding Debentures.
(c) Any resolution passed or decision taken at any meeting of Debentureholders duly held in accordance with this Section 9.5 section 13.1 will be binding on all Debentureholders, whether or not present or represented at the meeting.
Appears in 2 contracts
Samples: Indenture (Student Transportation Inc.), Indenture (Student Transportation Inc.)
Quorum; Action. (a1) Two or more persons Persons entitled to vote 25% in principal amount of Outstanding Debentures Debentures, collectively, shall constitute a quorum for a meeting of Debentureholders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 9.2(1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b2) Except as limited by Section 12.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders of such specified percentage in principal amount of Outstanding Debentures.
(c3) Any resolution passed or decision taken at any meeting of Debentureholders duly held in accordance with this Section 9.5 will be binding on all Debentureholders, whether or not present or represented at the meeting.
Appears in 2 contracts
Samples: Indenture (CLS Holdings USA, Inc.), Indenture
Quorum; Action. (a) Two or more persons entitled to vote The Holders representing not less than 25% in principal amount of Outstanding Debentures the aggregate Liquidation Amount of all of the applicable Series shall constitute a quorum for a meeting of DebentureholdersHolders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 11.2(a), except that such notice need be given only once not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) . At the reconvening of any meeting adjourned for lack of a quorum, the Holders entitled to vote at such meeting present in person or by proxy shall constitute a quorum for the taking of any action set forth in the notice of the original meeting. Except as limited by the proviso to Section 12.28.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, the Holders representing not less than a majority in principal amount of the Debentures present or aggregate Liquidation Amount of Senior Preferred Shares represented by proxy at such meeting in person or adjourned meetingby proxy; provided, however, that, except as limited by Section 12.2, that any resolution with respect to any Act that request, demand, authorization, direction, notice, consent, waiver or other action which this Indenture Guarantee expressly provides may be made, given or taken by the Holders of a specified percentage, percentage which is more or less than a majoritymajority of the aggregate Liquidation Amount of all of the then outstanding Senior Preferred Shares, in principal amount of Outstanding Debentures the same may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of not less than such specified percentage in principal amount of Outstanding Debentures.
(c) the aggregate Liquidation Amount of all of the then outstanding Senior Preferred Shares present at such meeting. Any resolution passed or decision taken at any meeting of Debentureholders Holders duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders, whether or not present or represented at the meeting.
Appears in 2 contracts
Samples: Guarantee Indenture (Brookfield Infrastructure Corp), Guarantee Indenture (Brookfield Infrastructure Partners L.P.)
Quorum; Action. (a) Two or more persons The Persons entitled to vote 25% a majority in principal amount of the Outstanding Debentures shall constitute a quorum for a meeting of DebentureholdersHolders. In the absence of a quorum within 30 minutes of after the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute may be further adjourned for a period of not less than 10 days as determined by the quorum and the business for which chairman of the meeting was prior to the adjournment of such adjourned may be transactedmeeting. Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 1302(1), except that such notice need be given only once not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) . Except as limited by the proviso to Section 12.2802, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, the Holders of a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; providedOutstanding Debentures, howeverPROVIDED, HOWEVER, that, except as limited by the proviso to Section 12.2802, any resolution with respect to any Act that request, demand, authorization, direction, notice, consent, waiver or other action which this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, majority in principal amount of the Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of the Outstanding Debentures.
(c) . Any resolution passed or decision taken at any meeting of Debentureholders Holders duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Indenture (NVP Capital Iii)
Quorum; Action.
(a) Two or more persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of Debentureholders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except as limited by Section 12.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders of such specified percentage in principal amount of Outstanding Debentures.
(c) Any resolution passed or decision taken at any meeting of Debentureholders duly held in accordance with this Section 9.5 will be binding on all Debentureholders, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Indenture
Quorum; Action. (a) Two or more persons Persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of DebentureholdersHolders. In the absence of a quorum within 30 thirty (30) minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 ten (10) days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders Holders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1subsection 14.2(a), except that such notice need be given only once not less than five (5) days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except as limited by Section 12.2subsection 17.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, Holders of a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2subsection 17.2, any resolution with respect to any Act that this Indenture Debenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of Outstanding Debentures.
(c) Any resolution passed or decision taken at any meeting of Debentureholders Holders duly held in accordance with this Section 9.5 section 14.5 will be binding on all DebentureholdersHolders, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Subscription Agreement (Fairfax Financial Holdings LTD/ Can)
Quorum; Action. (a) Two or more persons 14.5.1 Persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of DebentureholdersHolders of Debentures. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders of Debentures, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders Holders of Debentures present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1)subsection 14.2.1, except that such notice need be given only once not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) 14.5.2 Except as limited by Section 12.2subsection 17.1.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Holders of Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2subsection 17.1.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of Outstanding Debentures.
(c) 14.5.3 Any resolution passed or decision taken at any meeting of Debentureholders Holders of Debentures duly held in accordance with this Section 9.5 section 14.5 will be binding on all DebentureholdersHolders of Debentures, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Indenture (Alamos Gold Inc)
Quorum; Action. (a) Two or more persons The Persons entitled to vote 25% a majority in principal amount of the Outstanding Debentures Securities of a series shall constitute a quorum for a meeting of Debentureholders. In the absence Holders of Securities of such series; provided, however, that if any action is to be taken at such meeting with respect to a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting consent or waiver which this Indenture expressly provides may be adjourned for a period given by the Holders of not less than 10 days as determined by the chairman a specified percentage in principal amount of the meeting prior Outstanding Securities of a series, the Persons entitled to vote such specified percentage in principal amount of the adjournment Outstanding Securities of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except as limited by the proviso to Section 12.29.02, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, the persons entitled to vote a majority in aggregate principal amount of the Debentures present or Outstanding Securities represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by the proviso to Section 12.29.02, any resolution with respect to any Act that request, demand, authorization, direction, notice, consent, waiver or other action which this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of the Outstanding Debentures Securities of a series may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of the Outstanding Debentures.
(c) Securities of that series. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Securities of any series duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Securities of such series and the related coupons, whether or not present or represented at the meeting.. Notwithstanding the foregoing provisions of this Section 15.04, if any action is to be taken at a meeting of Holders of Securities of any series with respect to any request, demand, authorization, direction, notice, consent, waiver or other action that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage in principal amount of all Outstanding Securities affected thereby, or of the Holders of such series and one or more additional series:
(i) there shall be no minimum quorum requirement for such meeting; and
Appears in 1 contract
Quorum; Action. (a1) Two or more persons Persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of Debentureholders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b2) Except as limited by Section 12.215.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, Holders of a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.215.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of Outstanding Debentures.
(c3) Any resolution passed or decision taken at any meeting of Debentureholders duly held in accordance with this Section 9.5 12.5 will be binding on all Debentureholders, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Indenture
Quorum; Action.
(a1) Two or more persons Persons entitled to vote 25% in principal amount of Outstanding Debentures Debentures, collectively, shall constitute a quorum for a meeting of Debentureholders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 9.2(1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b2) Except as limited by Section 12.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders of such specified percentage in principal amount of Outstanding Debentures.
(c3) Any resolution passed or decision taken at any meeting of Debentureholders duly held in accordance with this Section 9.5 will be binding on all Debentureholders, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Indenture
Quorum; Action.
(a) Two or more persons entitled to vote 25% in principal amount of Outstanding Debentures Warrants shall constitute a quorum for a meeting of DebentureholdersHolders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders Holders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except as limited by Section 12.210.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Debentures Warrants present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.210.2, any resolution with respect to any Act that this Warrant Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures Warrants may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders of such specified percentage in principal amount of Outstanding DebenturesWarrants.
(c) Any resolution passed or decision taken at any meeting of Debentureholders Holders duly held in accordance with this Section 9.5 7.5 will be binding on all DebentureholdersHolders, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Warrant Indenture
Quorum; Action. (a) Two or more persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of Debentureholders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice No notice of the any reconvening of any adjourned meeting shall be given as provided in (1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvenedrequired.
(b) Except as limited by Section 12.213.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.213.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders of such specified percentage in principal amount of Outstanding Debentures.
(c) Any resolution passed or decision taken at any meeting of Debentureholders duly held in accordance with this Section 9.5 10.5 will be binding on all Debentureholders, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Indenture (C21 Investments Inc.)
Quorum; Action. (a1) Two or more persons The Persons entitled to vote at least 25% in principal amount of Outstanding the Debentures then outstanding shall constitute a quorum for a meeting of Debentureholders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, be dissolved. In the absence of a quorum in any other case the meeting may shall be adjourned for a period of not less than 10 days as determined by to be reconvened at the chairman same time and place on the fifth Business Day following date of the meeting prior to the adjournment of such meeting. In At the absence of a quorum at any such adjourned reconvened meeting, the Debentureholders present in person or represented at such adjourned meeting by proxy shall constitute the form a quorum and may transact the business for which the meeting was adjourned originally convened notwithstanding that they may be transactednot represent 25% of the principal amount of the outstanding Debentures. Notice No notice of the reconvening of any adjourned meeting shall be given as provided in (1), except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvenedgiven.
(b2) Except as limited by the proviso to Section 12.213.2(1), any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, the Holders of a majority in principal amount of Debentures represented at the Debentures present or represented by proxy at meeting and voted on such meeting or adjourned meetingresolution; provided, however, that, except as limited by the proviso to Section 12.213.2(1), any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, percentage in principal amount of Outstanding Debentures then outstanding may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of Outstanding DebenturesDebentures then outstanding.
(c3) Any resolution passed or decision taken at any meeting of Debentureholders Holders of Debentures duly held in accordance with this Section 9.5 section will be binding on all DebentureholdersHolders of Debentures, whether or not present or represented at the meeting.
Appears in 1 contract
Samples: Indenture (Amvescap PLC/London/)
Quorum; Action. (a) Two or more persons 12.5.1 Persons entitled to vote 25% in principal amount of Outstanding Debentures shall constitute a quorum for a meeting of DebentureholdersHolders of Debentures. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders of Debentures, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders Holders of Debentures present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1)subsection 12.2.1, except that such notice need be given only once not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) 12.5.2 Except as limited by Section 12.2subsection 15.1.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Holders of Debentures present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.2subsection 15.1.2, any resolution with respect to any Act that this Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of Outstanding Debentures.
(c) 12.5.3 Any resolution passed or decision taken at any meeting of Debentureholders Holders of Debentures duly held in accordance with this Section 9.5 section 12.5 will be binding on all DebentureholdersHolders of Debentures, whether or not present or represented at the meeting.
Appears in 1 contract
Quorum; Action. (a) Two or more persons entitled to vote 25% The presence of Persons holding Notes in an aggregate principal amount of Outstanding Debentures sufficient to take action upon the matter for which such meeting was called shall constitute a quorum for a meeting of DebentureholdersHolders. In the absence of a quorum within 30 minutes of after the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case case, the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 11.02(a), except that such notice need be given only once not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except . Notice of the reconvening of an adjourned meeting shall state expressly the percentage, as limited by Section 12.2provided above, any of the principal amount of the Notes that shall constitute a quorum. A resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, the Holders of a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meetingNotes; provided, however, that, except as limited by Section 12.2, that any resolution with respect to any request, demand, authorization, direction, notice, consent, waiver or other Act that which this Indenture Indentures expressly provides may be made, given or taken by the Holders of a specified percentage, which is less or more than a majority, majority in principal amount of Outstanding Debentures the Notes may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders Holders of such specified percentage in principal amount of Outstanding Debentures.
(c) the Notes. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Notes duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders, whether or not such Holders were present or represented at the meeting.
Appears in 1 contract
Quorum; Action. (a) Two or more persons entitled to vote 25% in principal amount of Outstanding Debentures Warrants shall constitute a quorum for a meeting of DebentureholdersHolders. In the absence of a quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of DebentureholdersHolders, be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a period of not less than 10 days as determined by the chairman of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, the Debentureholders Holders present or represented at such adjourned meeting shall constitute the quorum and the business for which the meeting was adjourned may be transacted. Notice of the reconvening of any adjourned meeting shall be given as provided in (1)Section 10.2, except that such notice need be given not less than five days prior to the date on which the meeting is scheduled to be reconvened.
(b) Except as limited by Section 12.211.2, any resolution presented to a meeting or adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of holders of, collectively, a majority in principal amount of the Debentures Warrants present or represented by proxy at such meeting or adjourned meeting; provided, however, that, except as limited by Section 12.211.2, any resolution with respect to any Act that this Warrant Indenture expressly provides may be made, given or taken by the Holders of a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures Warrants may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid by the affirmative vote of the holders of such specified percentage in principal amount of Outstanding DebenturesWarrants.
(c) Any resolution passed or decision taken at any meeting of Debentureholders Holders duly held in accordance with this Section 9.5 8.5 will be binding on all DebentureholdersHolders, whether or not present or represented at the meeting.
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