Common use of Quorum; Action Clause in Contracts

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding Notes 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 Holders of Notes, be dissolved. In any other case, the meeting may be adjourned for a period of not less than ten 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, such adjourned meeting may be further adjourned for a period of not less than ten days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 5 contracts

Samples: First Supplemental Indenture (Greenbrier Companies Inc), Indenture (Greenbrier Companies Inc), Greenbrier Companies Inc

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Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding Notes 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 Holders of Notes, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a16.02(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 16.04 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 5 contracts

Samples: Indenture (Mannkind Corp), Indenture (Mannkind Corp), Indenture (Mannkind Corp)

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding outstanding Notes 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 Holders of Notes, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a9.2(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of proviso to Section 9.02 8.2 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of outstanding Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 9.4 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: First Supplemental Indenture (Lions Gate Entertainment Corp /Cn/), Lions Gate Entertainment Corp /Cn/

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding Notes outstanding Securities 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 Holders of NotesSecurities, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a12.02(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Notes Securities then Outstanding outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes Securities duly held in accordance with this Section 17.04 shall be binding on all the Holders of NotesSecurities, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: Indenture (Vertex Pharmaceuticals Inc / Ma), Indenture (Vertex Pharmaceuticals Inc / Ma)

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding Notes 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 Holders of Notes, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a8.2(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of proviso to Section 9.02 7.2 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Outstanding Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: Indenture (Ciphergen Biosystems Inc), Exchange and Redemption Agreement (Ciphergen Biosystems Inc)

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding Notes Securities 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 Holders of NotesSecurities, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a8.02(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third second paragraph of Section 9.02 7.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Notes then Outstanding Securities represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes Securities duly held in accordance with this Section 17.04 shall be binding on all the Holders of NotesSecurities, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: Senior Indenture (M-Systems Flash Disk Pioneers LTD), Indenture (Dov Pharmaceutical Inc)

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding outstanding Notes 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 Holders of Notes, be dissolved. In any other case, case the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any such adjourned meeting shall be given as provided in Section 17.02(a) hereof12.02(a), except that such notice need may be given only once and not less than five days prior to the date on which the meeting is scheduled to be reconvened. The quorum at such adjourned meeting shall be the Persons then present and entitled to vote thereat and such quorum shall be expressly stated in such notice of the reconvening of such adjourned meeting. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of provided in Section 9.02 hereofand except as otherwise stated in this Indenture) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of outstanding Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions decision taken at any meeting of Holders of Notes duly held in accordance with this Article 12 shall (except as limited by Section 17.04 shall 9.02) be binding on all the Holders of Notes, whether or not present or represented at the meetingmeeting (except in respect of any request, demand, authorization, direction, notice, consent, waiver or other action required, under the terms of this Indenture, to be made, given or taken by Holders of a greater principal amount of outstanding Notes).

Appears in 2 contracts

Samples: Indenture (Quebecor Media Inc), Indenture (Quebecor Media Inc)

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding outstanding Notes 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 Holders of Notes, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a9.2(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of proviso to Section 9.02 8.2 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority the percentage in principal amount of outstanding Notes then Outstanding represented and voting at such meetingrequired by this Indenture for the taking of the particular action. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 9.4 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: First Supplemental Indenture (Lions Gate Entertainment Corp /Cn/), Indenture (Lions Gate Entertainment Inc)

Quorum; Action. The Persons entitled to vote a majority in aggregate principal amount of the then-Outstanding Notes Securities 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 Holders of NotesSecurities, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a8.2(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third second paragraph of Section 9.02 7.2 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in aggregate principal amount of Notes then Outstanding Securities represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes Securities duly held in accordance with this Section 17.04 shall be binding on all the Holders of NotesSecurities, whether or not present or represented at the meeting.

Appears in 2 contracts

Samples: Indenture (Vertex Pharmaceuticals Inc / Ma), Indenture (Vertex Pharmaceuticals Inc / Ma)

Quorum; Action. (a) The Persons entitled to vote a majority in principal amount of the then-Notes then Outstanding shall constitute a quorum for a meeting of Holders of Notes; PROVIDED, HOWEVER, that if any action is to be taken at such meeting with respect to a consent or waiver which the Indenture expressly provides may be given by the Holders of not less than 66?% in principal amount of the Outstanding Notes, then Persons entitled to vote 66?% in principal amount of the Outstanding Notes shall constitute a quorum. 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 Holders of Notes, be dissolved. In any other case, case the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a) hereof12.2, except that such notice need be given only once and not less than five days prior to the date on which the meeting is 63 scheduled to be reconvened. At a meeting or Notice of the reconvening of an adjourned meeting duly reconvened and at which a quorum is present shall state expressly the percentage, as aforesaidprovided above, any resolution and all matters (except as limited by of the third paragraph of Section 9.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of the Outstanding Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 which shall be binding on all the Holders of Notes, whether or not present or represented at the meetingconstitute a quorum.

Appears in 2 contracts

Samples: Administrative Services Agreement (Allstate Life Insurance Co), Administrative Services Agreement (Allstate Life Insurance Co)

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding Notes Securities of a series shall constitute a quorum for a meeting of Holders of Securities of such series; PROVIDED, HOWEVER, that if any action is to be taken at such meeting with respect to any 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 not less than a specified percentage in principal amount of the Outstanding Securities of a series, then with respect to such action (and only such action) the Persons entitled to vote such specified percentage in principal amount of the Outstanding Securities of such series shall constitute a quorum. 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 Holders of NotesSecurities of such series, be dissolved. In any other case, case the meeting may be adjourned for a period of not less than 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 the reconvening of any such adjourned meeting, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a) hereof1502(a), 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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.be

Appears in 1 contract

Samples: Indenture (Simon Property Group Lp)

Quorum; Action. The Persons persons entitled to vote a majority in principal amount of the then-Outstanding outstanding Notes shall constitute a quorum for a meeting of Holders; provided, however, that if any action is to be taken at the meeting with respect to a consent or waiver which may be given by the Holders of not less than a specified percentage in principal amount of the outstanding Notes, the persons holding or representing the specified percentage in principal amount of the outstanding Notes will constitute a quorum. 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 Holders of NotesHolders, be dissolved. In any other case, case the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a) hereof9.2, 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. At a meeting or Notice of the reconvening of an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.adjourned

Appears in 1 contract

Samples: Spirit Realty Capital, Inc.

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Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding outstanding Notes 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 Holders of Notes, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a) hereof8.02(a), 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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of proviso to Section 9.02 hereof7.02) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of outstanding Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 8.04 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Lecroy Corp

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding Notes outstanding Securities 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 Holders of NotesSecurities, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a) 12.02 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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 hereofhereof and Section 7.02 of the Base Indenture) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Notes Securities then Outstanding outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes Securities duly held in accordance with this Section 17.04 shall be binding on all the Holders of NotesSecurities, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Supplemental Indenture (Vertex Pharmaceuticals Inc / Ma)

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding Notes outstanding Securities 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 Holders of NotesSecurities, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a10.02(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 8.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of Notes Securities then Outstanding outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes Securities duly held in accordance with this Section 17.04 shall be binding on all the Holders of NotesSecurities, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Indenture (Mannkind Corp)

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding outstanding Notes 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 Holders of Notes, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a9.2(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of proviso to Section 9.02 8.2 44 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority in principal amount of outstanding Notes then Outstanding represented and voting at such meeting. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 9.4 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Lions Gate Entertainment Corp /Cn/

Quorum; Action. The Persons entitled to vote a majority in principal amount of the then-Outstanding outstanding Notes 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 Holders of Notes, be dissolved. In any other case, the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten 10 days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any adjourned meeting shall be given as provided in Section 17.02(a14.02(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. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 12.02 hereof) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than at least a majority in principal amount of the Notes then Outstanding represented and voting at such meetingoutstanding. Any resolution passed or decisions taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Indenture (Biomarin Pharmaceutical Inc)

Quorum; Action. The Persons entitled to vote a majority at least twenty-five percent (25%) (fifty percent (50%) for the purpose of an Extraordinary Resolution) in principal amount of the then-Outstanding Notes shall constitute a quorum. 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 upon the request requisition of Holders of Notes, be dissolved. In any other case, case the meeting may be adjourned for a period of not less than ten (10) days as determined by the chairman chair of the meeting prior to the adjournment of such meeting. In the absence of a quorum at any such adjourned meeting, such adjourned meeting may be further adjourned for a period of not less than ten days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any such adjourned meeting shall be given as provided in Section 17.02(a) hereof11.3(a), except that such notice need may be given only once and not less than five (5) days prior to the date on which the meeting is scheduled to be reconvened. The quorum at such adjourned meeting shall be the Persons then present and entitled to vote thereat. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 hereofwhere, pursuant to this Indenture, an Extraordinary Resolution is required) shall be effectively passed and decided if passed or decided by a vote in favour thereof by the Persons entitled to vote not less than a majority at least fifty percent (50%) (at least sixty-six and two-thirds percent (66 2/3%) for the purpose of an Extraordinary Resolution) in principal amount of Outstanding Notes then Outstanding represented and voting at upon such meetingresolution or matter. Any resolution passed or decisions decision taken at any meeting of Holders of Notes duly held in accordance with this Section 17.04 shall be binding on all the Holders of Notes, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Trust Indenture (Bce Inc)

Quorum; Action. The Persons entitled to vote a majority at least 25% (50% for the purpose of an Extraordinary Resolution) in principal amount of the then-Outstanding Notes Securities 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 Holders of NotesSecurities, be dissolved. In any other case, case the meeting may be adjourned for a period of not less than 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, such adjourned meeting may be further adjourned for a period of not less than ten days as determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Notice of the reconvening of any such adjourned meeting shall be given as provided in Section 17.02(a) hereof9.03(a), except that such notice need may be given only once and not less than five days prior to the date on which the meeting is scheduled to be reconvened. The quorum at such adjourned meeting shall be the Persons then present and entitled to vote thereat and such quorum shall be expressly stated in such Notice of the reconvening of such adjourned meeting. At a meeting or an adjourned meeting duly reconvened and at which a quorum is present as aforesaid, any resolution and all matters (except as limited by the third paragraph of Section 9.02 hereofwhere, pursuant to this Indenture, an Extraordinary Resolution is required) shall be effectively passed and decided if passed or decided by the Persons entitled to vote not less than a majority at least 50% in principal amount of Notes then Outstanding Securities represented and voting at such meeting. Any resolution passed or decisions decision taken at any meeting of Holders of Notes Securities duly held in accordance with this Section 17.04 shall be binding on all the Holders of NotesSecurities, whether or not present or represented at the meeting.

Appears in 1 contract

Samples: Trust Indenture (Bce Inc)

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