Common use of Quorum and Adjournment Clause in Contracts

Quorum and Adjournment. Except as otherwise provided by law, by the Certificate of Incorporation or by these Bylaws, the presence, in person or by proxy, of the holders of a majority of the aggregate voting power of the stock issued and outstanding, entitled to vote thereat, shall be requisite and shall constitute a quorum for the transaction of business at all meetings of stockholders. If, however, such a quorum shall not be present or represented at any meeting of stockholders, the stockholders present, although less than a quorum, shall have the power to adjourn the meeting.

Appears in 2 contracts

Samples: Merger Agreement (Martin Marietta Materials Inc), Merger Agreement (Martin Marietta Materials Inc)

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Quorum and Adjournment. Except as otherwise provided by law, by the Certificate of Incorporation Formation of the Company, or by these Bylawsthis Agreement, the presence, in person or by proxy, of the holders of a majority of the aggregate voting power of the stock Membership Interest issued and outstanding, entitled to vote thereat, shall be requisite and shall constitute a quorum for the transaction of business at all meetings of stockholdersMembers. If, however, If such a quorum majority shall not be present or represented at any meeting of stockholdersMembers, the stockholders Members present, although less than a quorum, shall have the power to adjourn the meeting.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Pepco Holdings Inc), Limited Liability Company Agreement (Pepco Holdings Inc)

Quorum and Adjournment. Except as otherwise provided required by law, by the Certificate of Incorporation or by these Bylaws, the presence, in person or by proxy, of the holders of a majority of the aggregate voting power of the stock issued and outstanding, entitled to vote thereat, shall be requisite and shall constitute a quorum for the transaction of business at all meetings of the stockholders. If, however, If such a quorum majority shall not be present or represented at any meeting of the stockholders, the chair or the stockholders present, although less than a quorum, shall have the power to adjourn the meetingmeeting to another time and place.

Appears in 2 contracts

Samples: Merger Agreement (Cogentix Medical Inc /De/), Merger Agreement (Neogenomics Inc)

Quorum and Adjournment. Except as otherwise provided by law, by the Certificate of Incorporation of the Corporation or by these BylawsBy-laws, the presence, in person or by proxy, of the holders of a majority of the aggregate voting power of the stock issued and outstanding, entitled to vote thereat, shall be requisite and shall constitute a quorum for the transaction of business at all meetings of stockholders. If, however, such a quorum shall not be present in person or represented by proxy at any meeting of stockholders, the stockholders present, although less than a quorum, shall have the power to adjourn the meeting.

Appears in 1 contract

Samples: Merger Agreement (Dova Pharmaceuticals Inc.)

Quorum and Adjournment. Except as otherwise provided required by law, by the Certificate of Incorporation of the Corporation, or by these Bylaws, the presence, in person or represented by proxy, of the holders of a majority of the aggregate voting power of the stock issued and outstanding, entitled to vote thereat, shall be requisite and shall constitute a quorum for the transaction of business at all meetings of the stockholders. If, however, If such a quorum majority shall not be present or represented at any meeting of the stockholders, a majority of the stockholders present, although less than a quorum, or the presiding officer of such meeting shall have the power to adjourn the meetingmeeting to another time and place.

Appears in 1 contract

Samples: Merger Agreement (CF Acquisition Corp. VIII)

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Quorum and Adjournment. Except as otherwise provided required by law, by the Certificate of Incorporation of the Corporation, or by these Bylaws, the presence, in person or represented by proxy, of the holders of a majority of the aggregate voting power of the stock issued and outstanding, entitled to vote thereat, shall be requisite and shall constitute a quorum for the transaction of business at all meetings of the stockholders. If, however, If such a quorum majority shall not be present or represented at any meeting of the stockholders, the stockholders present, although less than a quorum, shall have the power to adjourn the meetingmeeting to another time and place.

Appears in 1 contract

Samples: Merger Agreement (Jda Software Group Inc)

Quorum and Adjournment. Except as otherwise provided by law, by the Certificate of Incorporation of the corporation or by these Bylaws, the presence, in person or by proxy, of the holders of a majority of the aggregate voting power of the stock issued and outstanding, entitled to vote thereat, shall be requisite and shall constitute a quorum for the transaction of business at all meetings of stockholders. If, however, such a quorum shall not be present or represented at any meeting of stockholders, the stockholders present, although less than a quorum, shall have the power to adjourn the meeting.

Appears in 1 contract

Samples: Merger Agreement (Lycos Inc)

Quorum and Adjournment. Except as otherwise provided required by law, by the Certificate of Incorporation of the Corporation or by these Bylaws, the presence, in person or by proxy, of the holders of a majority of the aggregate voting power of the stock issued and outstanding, entitled to vote thereat, shall be requisite and shall will constitute a quorum for the transaction of business at all meetings of the stockholders. If, however, If such a quorum shall majority will not be present or represented at any meeting of the stockholders, the stockholders present, although less than a quorum, shall quorum will have the power to adjourn the meetingmeeting to another time and place.

Appears in 1 contract

Samples: Agreement and Plan of Merger (DanDrit Biotech USA, Inc.)

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