Common use of Quorum and Required Vote Clause in Contracts

Quorum and Required Vote. (a) The holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 185 contracts

Samples: Agreement and Declaration of Trust (BlackRock 2038 Municipal Target Term Trust), Agreement and Declaration of Trust (Cbre Global Real Estate Income Fund), Agreement and Declaration of Trust (AIP Alternative Lending Fund A)

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Quorum and Required Vote. (a) The Unless otherwise required by the 1940 Act, the holders of a majority one third of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 25 contracts

Samples: Franklin BSP Real Estate Debt BDC (Franklin BSP Real Estate Debt BDC), Agreement and Declaration (Middle Market Apollo Institutional Private Lending), Onex Direct Lending BDC (Onex Direct Lending BDC Fund)

Quorum and Required Vote. (a) The holders of a majority of outstanding Shares of the Shares entitled to vote on any matter at a meeting Trust present in person or by proxy shall constitute a quorum at such any meeting of the Shareholders for purposes of conducting business on such matterwhich a vote of Shareholders of the Trust is being taken. The absence from any meeting, holders of a majority of outstanding Shares of a class present in person or by proxy, of proxy shall constitute a quorum at any meeting of the Shareholders of such class for purposes of conducting business on which a vote of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other mattersclass is being taken.

Appears in 12 contracts

Samples: Agreement and Declaration (Blackrock New Jersey Strategic Municipal Trust), Agreement and Declaration (Blackrock 2012 Term Trust), Agreement and Declaration (Blackrock Municipal Income Trust)

Quorum and Required Vote. (a) The holders of a majority one-third of the Shares entitled to vote on any matter at a the meeting present in person or by proxy shall constitute a quorum at such any meeting of the Shareholders for purposes of conducting business on such matterwhich a vote of Shareholders of the Trust is being taken. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other mattersmatter.

Appears in 12 contracts

Samples: Agreement and Declaration of Trust (A&Q Multi-Strategy Fund), Agreement and Declaration of Trust (A&Q Masters Fund), Agreement and Declaration of Trust (O'Connor Fund of Funds: Masters)

Quorum and Required Vote. (a) The holders of a majority one third of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 12 contracts

Samples: Agreement and Declaration of Trust (Blackstone Senior Floating Rate Term Fund), Agreement and Declaration of Trust (Blackstone Senior Floating Rate Term Fund), Agreement and Declaration of Trust (Blackstone / GSO Floating Rate Enhanced Income Fund)

Quorum and Required Vote. (a) The Subject to Section 1.10 of the By-Laws, the holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 8 contracts

Samples: Agreement and Declaration of Trust (Guggenheim Strategic Opportunities Fund), Agreement and Declaration of Trust (Guggenheim Strategic Opportunities Fund), Agreement and Declaration of Trust (Fiduciary/Claymore Energy Infrastructure Fund)

Quorum and Required Vote. (a) The holders of a majority one-third (1/3) or more of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Morgan Creek Global Funds), Agreement and Declaration of Trust (Morgan Creek Global Equity Long/Short Institutional Fund), Agreement and Declaration of Trust (Morgan Creek Global Equity Long/Short Fund)

Quorum and Required Vote. (a) The Subject to Section 1.10 of the By-Laws, the holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum for the purpose of conducting business at such meeting of the Shareholders for purposes of conducting business on such matterShareholders. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Guggenheim Active Allocation Fund), Agreement and Declaration of Trust (Guggenheim Active Allocation Fund), Guggenheim Active Allocation Fund Agreement and Declaration of Trust (Guggenheim Active Allocation Fund)

Quorum and Required Vote. (a) The Unless otherwise required by the 1940 Act, the holders of a majority one third of the Common Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Kennedy Lewis Capital Co), Agreement and Declaration (Kennedy Lewis Capital Co), Agreement and Declaration (Kennedy Lewis Capital Co)

Quorum and Required Vote. (a) The holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum for the purpose of conducting business at such meeting of the Shareholders for purposes of conducting business on such matterShareholders. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Guggenheim Global Equity Income Fund), Agreement and Declaration of Trust (Guggenheim Energy & Income Fund), Guggenheim Enhanced Equity Income Fund (F/K/a Old Mutual/Claymore Long-Short Fund)

Quorum and Required Vote. (a) The holders presence in person or by proxy of a majority of the Shares Units entitled to vote on any matter shall constitute a quorum at a meeting of Unitholders; provided, that if a separate vote by certain Unitholders or by a class or series of Units is required by this Agreement, the presence in person or by proxy of a majority of Units held by such Unitholders or a majority of the outstanding Units of such class or series, present in person or by proxy and entitled to vote, shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in with respect of such other mattersto that vote.

Appears in 4 contracts

Samples: Pimco Advisors Holdings Lp, Oppenheimer Capital L P /De/, Pimco Advisors Holdings Lp

Quorum and Required Vote. (a) The holders of a majority thirty percent (30%) of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Evolution U.S. Government Guaranteed Floating Rate Loan Fund a Series of Evolution Investment Trust), Advantage Fund Agreement (Highland Floating Rate Advantage Fund), Agreement and Declaration (Highland Floating Rate Fund)

Quorum and Required Vote. (a) The holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Legg Mason Permal Global Active Strategies TEI Fund), Agreement and Declaration of Trust (Legg Mason Permal Global Active Strategies Fund), Agreement and Declaration of Trust (Legg Mason Permal Global Active Strategies Master Fund)

Quorum and Required Vote. (a) The holders of a A majority of the outstanding Shares entitled to vote on any matter at a meeting of Shareholders, which are present in person or represented by proxy proxy, shall constitute a quorum at such the meeting of Shareholders, except when a larger quorum is required by applicable law or the Shareholders requirements of any securities exchange on which Shares are listed for purposes of conducting business on such matter. The absence from any meetingtrading, in person or by proxy, of a which case such quorum of Shareholders for action upon any given matter shall not prevent action at comply with such meeting upon any other matter or matters which may properly come before the meeting, if there requirements. Quorum shall be present thereat, in person or by proxy, determined with respect to the meeting as a quorum whole regardless of Shareholders in respect of such other matterswhether particular matters have achieved the requisite vote for approval.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Octagon XAI CLO Income Fund), Agreement and Declaration of Trust (XAI Octagon Credit Trust), Agreement and Declaration of Trust (XAI Octagon Floating Rate Alternative Income Term Trust)

Quorum and Required Vote. (a) The holders of a majority of ------------------------ the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 2 contracts

Samples: Blackrock New Jersey Municipal Income Trust, Blackrock Municipal Income Trust

Quorum and Required Vote. (a) The holders of a majority of the ------------------------ Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 2 contracts

Samples: Blackrock New York Municipal Income Trust, Blackrock Florida Municipal Income Trust

Quorum and Required Vote. (a) The a)Except when a larger quorum is required by applicable law, the holders of a majority of one third the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Axxes Private Markets Fund), Agreement and Declaration (Axxes Private Markets Fund)

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Quorum and Required Vote. (a) The holders of a majority not less than 51% of the Shares entitled to vote on any matter at a the meeting present in person or by proxy shall constitute a quorum at such any meeting of the Shareholders for purposes of conducting business on such matterwhich a vote of Shareholders of the Trust is being taken. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other mattersmatter.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (DeGreen Emerging Market Managers Fund)

Quorum and Required Vote. (a) The holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (BlackRock Long-Term Municipal Advantage Trust)

Quorum and Required Vote. (a) The holders of a majority ------------------------- of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 1 contract

Samples: Blackrock California Municipal Income Trust

Quorum and Required Vote. (a) The holders of a majority one-third of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 1 contract

Samples: Agreement and Declaration (Vericimetry Funds)

Quorum and Required Vote. (a) The holders of a majority one-third (1/3) of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 1 contract

Samples: Trust Agreement (J.P. Morgan Physical Copper Trust)

Quorum and Required Vote. (a) The holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, meeting if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Little Harbor MultiStrategy Composite Fund)

Quorum and Required Vote. (a) The holders of a majority of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum for the purposes of conducting business at such meeting of the Shareholders for purposes of conducting business on such matterShareholders. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Center Coast MLP & Infrastructure Fund)

Quorum and Required Vote. (a) The holders of a majority forty percent (40%) of the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Rochdale International Trade Fixed Income Fund)

Quorum and Required Vote. (a) The holders of a majority of the Shares Units entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders Unitholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders Unitholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders Unitholders in respect of such other matters.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (NT Equity Long/Short Strategies Fund)

Quorum and Required Vote. (a) The Except when a larger quorum is required by applicable law, the holders of a majority of one third the Shares entitled to vote on any matter at a meeting present in person or by proxy shall constitute a quorum at such meeting of the Shareholders for purposes of conducting business on such matter. The absence from any meeting, in person or by proxy, of a quorum of Shareholders for action upon any given matter shall not prevent action at such meeting upon any other matter or matters which may properly come before the meeting, if there shall be present thereat, in person or by proxy, a quorum of Shareholders in respect of such other matters.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Axxes Private Markets Fund)

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