Common use of Quorum; Action Clause in Contracts

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.)

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Quorum; Action. (a) Two or more persons The Persons entitled to vote 25% a majority in principal amount of the Outstanding Debentures Securities shall constitute a quorum for a meeting of Debentureholdersquorum. 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 Securities, 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 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 (1)Section 8.2(a) hereof, except that such notice need be given only once and 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 . Notice of the reconvening of an adjourned meeting duly reconvened shall state expressly the percentage of the principal amount of the Outstanding Securities which shall constitute a quorum. Subject to the foregoing, at which the reconvening of any meeting adjourned for a quorum is present as aforesaid may be adopted only by lack of a quorum, the affirmative Persons entitled to vote of holders of, collectively, a majority 25% in principal amount of the Debentures present or represented by proxy Outstanding Securities at such meeting or adjourned the time shall constitute a quorum for the taking of any action set forth in the notice of the original 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 . At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid aforesaid, any resolution and all matters (except as limited by the affirmative proviso to Section 7.2 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote of the holders of such specified percentage not less than a majority in principal amount of Outstanding Debentures. (c) Securities represented and voting at such meeting. Any resolution passed or decision decisions taken at any meeting of Debentureholders Holders of Securities duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Securities, whether or not present or represented at the meeting.

Appears in 4 contracts

Samples: Indenture (Nektar Therapeutics), Indenture (Nektar Therapeutics), Indenture (Nektar Therapeutics)

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 Corp), Guarantee Indenture (Brookfield Renewable Partners L.P.), Guarantee Indenture (Brookfield Renewable Partners L.P.)

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 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 DebentureholdersHolders of Securities of such series; provided, however, that if any action is to be taken at such meeting with respect to a consent or waiver which this Indenture expressly provides may be given by the Holders of at least 66-2/3% in principal amount of the Outstanding Securities of a series, the Persons entitled to vote 66-2/3% in principal amount of the Outstanding Securities of such series shall constitute a quorum. The Persons entitled to vote a majority in principal amount of the Outstanding Securities of one or more series entitled to vote on a particular matter as a single class shall constitute a quorum for a meeting of Holders of Securities of such series with respect to such matter. 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 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 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 15.2(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) . Notice of the reconvening of an adjourned meeting shall state expressly the percentage, as provided above, of the principal amount of the Outstanding Securities of such series which shall constitute a quorum. Except as limited by the proviso to Section 12.29.2, 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 of a majority in principal amount of the Debentures present Outstanding Securities of that series or represented by proxy at such meeting or adjourned meetingall affected series voting as a single class, as the case may be; provided, however, that, except as limited by the proviso to Section 12.29.2, any resolution with respect to any consent or waiver which this Indenture expressly provides may be given by the Holders of at least 66-2/3% in principal amount of the Outstanding Securities of a series may be adopted at a meeting or an adjourned meeting duly convened and at which a quorum is present as aforesaid only by the affirmative vote of the Holders of 66-2/3% in principal amount of the Outstanding Securities of that series; and provided, further, that, except as limited by the proviso to Section 9.2, any resolution with respect to any request, demand, authorization, direction, notice, consent, waiver or other Act that 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 or all affected series voting as a single class, as the case may be, 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 such 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, whether or not such Holders were present or represented at the meeting.

Appears in 2 contracts

Samples: Indenture (Radisys Corp), Indenture (Radisys Corp)

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 12.5.1 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 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)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 duly held in accordance with this Section 9.5 section 12.5 will be binding on all DebentureholdersHolders, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: Indenture (Golden Star Resources LTD), Indenture (Golden Star Resources LTD)

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. (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 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. (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 13.02(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 12.28.02, 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 Holders of a majority in principal amount of the Debentures present or represented by proxy at such meeting or adjourned meeting; Outstanding Debentures, provided, however, that, except as limited by the proviso to Section 12.28.02, 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, 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 13.04 shall be binding on all Debentureholdersthe Holders, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: Indenture (Berkshire Hathaway Energy Co), Indenture (Midamerican Energy Holdings Co /New/)

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 Debentureholdersholders of securities of such series. 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 Securities of such series, 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 may be further adjourned for a period 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 (subject to repeated applications of this sentence). Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 1302(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 12.2, any resolution presented to a meeting or . Notice of the reconvening of an adjourned meeting duly reconvened at which a quorum is present as aforesaid may be adopted only by shall state expressly the affirmative vote percentage of holders of, collectively, a majority in the principal amount of the Debentures present or represented by proxy at Outstanding Securities of 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 series which shall constitute a specified percentage, which is less than a majority, in principal amount of Outstanding Debentures may be adopted at quorum. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid aforesaid, any resolution and all matters (except as limited by the affirmative proviso to Section 902) shall be effectively passed and decided if passed or decided by the Persons entitled to vote of the holders of such specified percentage not less than a majority in aggregate principal amount of Outstanding Debentures. (c) Securities of the series. Any resolution passed or decision decisions taken at any meeting of Debentureholders Holders of Securities of such series duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Securities of such series, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: Indenture (Staples Inc), Indenture (Staples Inc)

Quorum; Action. (a1) Two or more persons Persons entitled to vote at least 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 12.214.2, 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 12.214.2, 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 11.5 will be binding on all Debentureholders, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: Indenture, 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. (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. (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 then outstanding Series 12 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 12 Preferred LP Units. 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 Series 12 Preferred LP Units, 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 Series 12 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 Series 12 Preferred LP Units 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 Series 12 Preferred LP Units, 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 Series 12 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 12 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 12 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

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 then outstanding Series 16 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 16 Preferred LP Units. 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 Series 16 Preferred LP Units, 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 Series 16 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 Series 16 Preferred LP Units 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 Series 16 Preferred LP Units, 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 Series 16 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 16 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 16 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

Quorum; Action. (a) Two or more persons The Persons entitled to vote 25% in principal amount of the Outstanding Debentures Notes of the applicable Series shall constitute a quorum for a meeting of DebentureholdersHolders of Notes of such Series; provided, however, that, if any action is to be taken at such 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 in principal amount of the Outstanding Notes of a Series, the Persons entitled to vote such specified percentage in principal amount of the Outstanding Notes of such Series shall constitute a quorum. 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 Notes 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 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 15.2(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. At the reconvening of any adjourned meeting, the Holders of the Outstanding Notes entitled to vote at such adjourned meeting, present in person or represented by proxy, shall constitute a quorum and shall transact the business for which the meeting was originally convened, notwithstanding that they may not represent at least 25% in principal amount of the Outstanding Notes. (b) Except as limited by the proviso to Section 12.29.2, 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 of not less than a majority in principal amount of the Debentures present or represented by proxy Outstanding Notes of such Series as are entitled to vote at such meeting or adjourned meeting; provided, however, that, except as limited by the proviso to Section 12.29.2, 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 Notes 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 not less than such specified percentage in principal amount of the Outstanding DebenturesNotes of such Series present at such meeting. (c) Any resolution passed or decision taken at any meeting of Debentureholders Holders of Notes of any Series duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Notes of such Series and the related coupons, whether or not present or represented at the meeting. (d) Notwithstanding the foregoing provisions of this Section 15.4, if any action is to be taken at a meeting of Holders of Notes 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 Notes 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 (ii) the principal amount of the Outstanding Notes of such Series that vote in favor of such request, demand, authorization, direction, notice, consent, waiver or other action shall be taken into account in determining whether such request, demand, authorization, direction, notice, consent, waiver or other action has been made, given or taken under this Indenture.

Appears in 1 contract

Samples: Indenture (Brookfield Infrastructure Partners L.P.)

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 then outstanding Series 15 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 15 Preferred LP Units. 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 Series 15 Preferred LP Units, 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 Series 15 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 Series 15 Preferred LP Units 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 Series 15 Preferred LP Units, 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 Series 15 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 15 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 15 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

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 then outstanding Series 13 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 13 Preferred LP Units. 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 Series 13 Preferred LP Units, 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 Series 13 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 Series 13 Preferred LP Units 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 Series 13 Preferred LP Units, 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 Series 13 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 13 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 13 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

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 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 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

Samples: Indenture (Golden Star Resources LTD)

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. (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 then outstanding Series 14 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 14 Preferred LP Units. 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 Series 14 Preferred LP Units, 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 Series 14 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 Series 14 Preferred LP Units 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 Series 14 Preferred LP Units, 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 Series 14 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 14 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 14 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

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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 then outstanding Series 7 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 7 Preferred LP Units. 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 Series 7 Preferred LP Units, 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 Series 7 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 Series 7 Preferred LP Units 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 Series 7 Preferred LP Units, 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 Series 7 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 7 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 7 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Energy Partners L.P.)

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 then outstanding Series 5 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 5 Preferred LP Units. 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 Series 5 Preferred LP Units, 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 Series 5 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 Series 5 Preferred LP Units 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 Series 5 Preferred LP Units, 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 Series 5 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 5 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 5 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Energy Partners L.P.)

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 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 The Persons entitled to vote 25% a majority in principal amount of the Securities Outstanding Debentures shall constitute a quorum for the taking of any action at a meeting of DebentureholdersHolders of Securities. In the absence of a any quorum within 30 minutes of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholdersthe Holders of Securities, 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 meeting, who is to be elected pursuant to Section 9.05 hereof, 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 reconvened meeting shall constitute the quorum and the business for which the meeting was adjourned may be transactedfurther adjourned for a period of not less than 10 days as determined by the chairman of the meeting, who is to be elected pursuant to Section 9.05 hereof, prior to the adjournment of such reconvened meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in (1Section 9.02(a), except that such notice need shall 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 . Notice of the reconvening of an adjourned meeting duly reconvened shall state expressly the percentage of the principal amount of the Securities Outstanding which shall constitute a quorum. Subject to the foregoing, at which the reconvening of any meeting adjourned for a lack of a quorum is present as aforesaid may be adopted only by the affirmative Persons entitled to vote of holders of, collectively, a majority 25% in principal amount of the Debentures present or represented by proxy Securities Outstanding at such meeting or adjourned the time shall constitute a quorum for the taking of any action set forth in the notice of the original 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 . At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid aforesaid, any resolution and all matters (except a matter as to which the vote or Act of the Holders of a greater percent of the principal amount of Securities Outstanding is required by this Indenture including, without limitation, Section 8.02 hereof) shall be effectively passed and decided if passed or decided by the affirmative Persons entitled to vote of the holders of such specified percentage 66-2/3% in principal amount of Securities Outstanding Debentures. (c) represented and voting at such meeting. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Securities duly held in accordance with this Section 9.5 will 9.04 shall be binding on all Debentureholdersthe Holders of Securities, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Indenture of Trust (Main Place Real Estate Investment Trust /Md/)

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.

Appears in 1 contract

Samples: 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 all of the then outstanding Series 11 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 11 Preferred LP Units. 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 Series 11 Preferred LP Units, 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 Series 11 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 Series 11 Preferred LP Units 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 Series 11 Preferred LP Units, 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 Series 11 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 11 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 11 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

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 entitled to vote The Holders representing not less than 25% in principal amount of Outstanding Debentures the aggregate Liquidation Amount of all of the then outstanding Series 18 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 18 Preferred LP Units. 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 Series 18 Preferred LP Units, 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 Series 18 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 Series 18 Preferred LP Units 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 Series 18 Preferred LP Units, 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 Series 18 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 18 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 18 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

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 then outstanding Series 10 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 10 Preferred LP Units. 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 Series 10 Preferred LP Units, 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 Series 10 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 Series 10 Preferred LP Units 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 Series 10 Preferred LP Units, 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 Series 10 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 10 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 10 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

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 then outstanding Series 9 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 9 Preferred LP Units. 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 Series 9 Preferred LP Units, 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 Series 9 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 Series 9 Preferred LP Units 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 Series 9 Preferred LP Units, 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 Series 9 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 9 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 9 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Partners L.P.)

Quorum; Action. (a) Two or more persons The Persons entitled to vote 25% a majority in aggregate principal amount of Outstanding Debentures the outstanding Notes, shall constitute a quorum for a meeting of DebentureholdersHolders; provided, however, that if any action is to be taken at such meeting which this Indenture expressly provides may be taken by the Holders of a specified percentage, which is less than a majority, in principal amount of the outstanding Notes, the Persons entitled to vote such specified percentage in principal amount of the outstanding Notes shall constitute a quorum. In the absence of a quorum within 30 minutes one hour of the time appointed for any such meeting, the meeting shall, if convened at the request of Debentureholders, Holders be dissolved. In the absence of a quorum in any other case the meeting may be adjourned for a such period of not less than 10 days as may be 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 such period as may be 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 Except as 000-0000-0000/13/AMERICAS provided by Section 14.05(e), notice of the reconvening of any meeting adjourned meeting for more than 30 days shall be given as provided in (1), except that such notice need be given Section 14.02(a) not less than five 10 days prior to the date on which the meeting is scheduled to be reconvened. (b) . Notice of the reconvening of an adjourned meeting shall state expressly the percentage, as provided above, of the principal amount of the outstanding Notes that shall constitute a quorum. Except as limited by Section 12.212.02, 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 Holders of a majority in aggregate principal amount of the Debentures present or represented by proxy at such meeting or adjourned meetingoutstanding Notes; provided, however, that, except as limited by Section 12.2so limited, any resolution with respect to any Act that 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 Debentures the outstanding 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 outstanding Notes. 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 (NextEra Energy Partners, LP)

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 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

Samples: Indenture (Lexington Corporate Properties 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 all of the then outstanding Series 8 Preferred LP Units shall constitute a quorum for a meeting of DebentureholdersHolders of Series 8 Preferred LP Units. 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 Series 8 Preferred LP Units, 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 Series 8 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 Series 8 Preferred LP Units 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 Series 8 Preferred LP Units, 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 Series 8 Preferred LP Units. Any resolution passed or decision taken at any meeting of Debentureholders Holders of Series 8 Preferred LP Units duly held in accordance with this Section 9.5 will shall be binding on all Debentureholdersthe Holders of Series 8 Preferred LP Units, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Guarantee Indenture (Brookfield Renewable Energy Partners L.P.)

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 12.2, 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

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