Common use of Quorum and Adjournment Clause in Contracts

Quorum and Adjournment. Except as otherwise provided by law, by the Certificate of Incorporation of the Corporation or by these By-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.)

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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 By-lawsBylaws, 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 in person or represented by proxy 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.)

Quorum and Adjournment. Except as otherwise provided by law, by the Certificate of Incorporation of the Corporation corporation or by these By-lawsBylaws, 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 (Lycos Inc)

Quorum and Adjournment. Except as otherwise provided required by law, by the Certificate of Incorporation of the Corporation Corporation, or by these By-lawsBylaws, 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 in person or represented by proxy 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 Corporation, or by these By-lawsBylaws, 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 in person or represented by proxy 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)

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