Common use of Quorum and Action Clause in Contracts

Quorum and Action. (a) The Trustees shall set forth in the Bylaws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum shall in no event be less than Shares representing thirty percent (30%) of the voting power of the Shares entitled to vote at such meeting. If a quorum is present when a duly called and held meeting is convened, the Shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a) The Trustees shall set forth in the Bylaws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum requirement may vary by Class and by the action to be taken at the meeting, which quorum shall in no event be less than Shares representing the holders of thirty percent (30%) of the voting power of the Shares entitled to vote at such meetingmeeting or on such action. If a quorum is present when a duly called and held meeting is convened, the Shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a) The Trustees shall set forth in the Bylaws By-Laws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum shall in no event be less than Shares representing thirty the holders of thirty-three and one-third percent (3033 1/3%) of the voting power of the Shares entitled to vote at such meeting. If a quorum is present when a duly called and held meeting is convened, the Shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a) The Trustees shall set forth in the Bylaws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum shall in no event be less than Shares representing thirty the holders of thirty-three and one-third percent (3033 1/3%) of the voting power of the Shares entitled to vote at such meeting. If a quorum is present when a duly called and held meeting is convened, the Shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a) The Trustees shall set forth in the Bylaws the quorum required for the transaction of business by the Shareholders Member at a meeting, which quorum shall in no event be less than Shares representing thirty percent (30%) of the voting power of the Shares Membership Interests entitled to vote at such meeting. If a quorum is present when a duly called and or held meeting is convened, the Shareholders Membership Interests present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders Membership Interests originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a) The Trustees shall set forth in the Bylaws By-Laws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum shall in no event be less than Shares representing thirty the holders of thirty-three and one-third percent (3033 1/3%) of the voting power of the outstanding Shares entitled to vote at such meeting. If a quorum is present when a duly called and held meeting is convened, the Shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a) The Trustees shall set forth in the Bylaws the quorum required for the transaction of business by the Shareholders Holders at a meeting, which quorum shall in no event be less than Shares Interests representing thirty percent (30%) of the voting power of the Shares Interests entitled to vote at such meeting. If a quorum is present when a duly called and held meeting is convened, the Shareholders Holders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders Holders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a) The Trustees shall set forth in the Bylaws By-Laws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum requirement may vary by Class and by the action to be taken at the meeting, which quorum shall in no event be less than Shares representing the holders of thirty percent (30%) of the voting power of the Shares entitled to vote at such meetingmeeting or on such action. If a quorum is present when a duly called and held meeting is convened, the Shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (ad) The Trustees shall set forth in the Bylaws By-Laws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum shall in no event be less than Shares representing thirty the holders of thirty-three and one-third percent (3033 1/3%) of the voting power of the outstanding Shares entitled to vote at such meeting. If a quorum is present when a duly called and held meeting is convened, the Shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a) The Trustees shall set forth in the Bylaws By-laws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum requirement may vary by Series or Class or by the action to be taken at the meeting, and which shall in no event be less than Shares representing the holders of thirty percent (30%) of the voting power of the Shares entitled to vote at such meetingmeeting or on such action. If a quorum is present when a duly called and held meeting is convened, the Shareholders present Trust may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.

Quorum and Action. (a4) The Trustees shall set forth in the Bylaws the quorum required for the transaction of business by the Shareholders at a meeting, which quorum shall in no event be less than Shares representing thirty the holders of thirty-three and one-third percent (3033 1/3%) of the voting power of the Shares entitled to vote at such meeting. If a quorum is present when a duly called and held meeting is convened, the Shareholders present may continue to transact business until adjournment, even though the withdrawal of a number of Shareholders originally present leaves less than the proportion or number otherwise required for a quorum.