Common use of Quorum and Required Vote Clause in Contracts

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision Thirty percent of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or the of this Declaration of Trust or these the Bylaws permits or requires that holders of any series or class or series of Shares shall vote as an individual class series or seriesclass, then thirty percent (30%) (unless a larger quorum is required as specified above) of the aggregate number of Shares of that series or class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class series or seriesclass. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different larger vote is required by any provision of law or the of this Declaration of Trust or these the Bylaws, a plurality majority of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting voted shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the this Declaration of Trust or these the Bylaws permits or requires that the holders of any series or class or series of Shares shall vote as an individual series or class or series, then a plurality majority of the quorum of Shares of that series or class voted on the matter (or series necessary for a plurality with respect to the transaction election of business by that class or series at a Shareholders’ meeting Trustee) shall decide that matter insofar as that series or class or series is concerned.

Quorum and Required Vote. Except when The presence at a larger quorum is required meeting of Shareholders in person or by any provision proxy of law or the Declaration of Trust or these Bylaws, Shareholders entitled to vote at least thirty percent (30%) of all votes entitled to be cast at the Shares meeting of each series or class entitled to vote on as a particular matter series or class shall constitute be a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the of this Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote in the aggregate and not as an individual class a series or seriesclass, then the presence in person or by proxy of Shareholders entitled to vote at least thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series all votes entitled to vote be cast at the meeting (without regard to series or class) shall be necessary to constitute a quorum for the transaction of business by that class or seriesquorum. Any lesser number number, however, shall be sufficient for adjournments. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a different larger vote is required by any provision provisions of law or the 1940 Act, this Declaration of Trust or these Bylawsthe By-Laws, a plurality majority of the quorum Shares of Shares necessary for each series or class voted on the transaction of business at a Shareholders’ meeting matter shall decide any questions and a plurality of Shares voted shall elect a Trusteethat matter insofar as that series or class is concerned, provided that where any provision of law or of the law, this Declaration of Trust or these Bylaws the By-Laws permits or requires that the holders of any class Shares vote in the aggregate and not as a series or series of Shares shall vote as an individual class or seriesclass, then a plurality majority of the quorum of Shares of that class voted on any matter (without regard to series or series necessary for the transaction of business by that class or series at a Shareholders’ meeting class) shall decide that such matter insofar as that class or series is concernedand a plurality shall elect a Trustee.

Quorum and Required Vote. Except when a larger quorum is required by ------------------------ any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty thirty-three and one-third percent (3033 1/3%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty thirty-three and one-third percent (3033 1/3%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when The presence at a larger quorum is required meeting of Shareholders in person or by any provision proxy of law or the Declaration of Trust or these Bylaws, Shareholders entitled to vote at least thirty percent (30%) of all votes entitled to be cast at the Shares meeting of each series or class entitled to vote on as a particular matter series or class shall constitute be a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the of this Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote in the aggregate and not as an individual class a series or seriesclass, then the presence in person or by proxy of Shareholders entitled to vote at least thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series all votes entitled to vote be cast at the meeting (without regard to series or class) shall be necessary to constitute a quorum for the transaction of business by that class or seriesquorum. Any lesser number number, however, shall be sufficient for adjournments. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a different larger vote is required by any provision provisions of law or the 1940 Act, this Declaration of Trust or these Bylawsthe By-Laws, a plurality majority of the quorum Shares of Shares necessary for each series or class voted on the transaction of business at a Shareholders’ meeting matter shall decide any questions and a plurality of Shares voted shall elect a Trusteethat matter insofar as that series or class is concerned, provided that where any provision of law or of the law, this Declaration of Trust or these Bylaws the By-Laws permits or requires that the holders of any class Shares vote in the aggregate and not as a series or series of Shares shall vote as an individual class or seriesclass, then a plurality majority of the quorum of Shares of that class voted on any matter (without regard to series or series necessary for the transaction of business by that class or series at a Shareholders’ meeting class) shall decide that such matter insofar as that class or series is concerned.and a plurality shall elect a Trustee. ACTION BY WRITTEN CONSENT -------------------------

Quorum and Required Vote. Except when a larger quorum is required by any provision of law law, the rules and regulations of the American Stock Exchange, or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or Subject to the Declaration of Trust or these Bylaws, thirty percent (30%) provisions of the 1940 Act and other applicable law, one-third of Shares entitled to vote on a particular matter shall constitute be a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the of this Declaration of Trust or these Bylaws permits or requires that holders of any class Series or series of Shares Class thereof shall vote as an individual class a Series or seriesClass, then thirty percent (30%) (unless a larger quorum is required as specified above) subject to the provisions of the 1940 Act and other applicable law, one-third of the aggregate number of Shares of that class Series or series Class thereof entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class Series or seriesClass. Any lesser number The vote of a majority of shares present, with or without a quorum, shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required or permitted by any provision of law or the this Declaration of Trust Trust, the By-Laws or these Bylawsany provision of law, a plurality majority of the quorum of Shares necessary for the transaction of business voted, at a Shareholders’ meeting at which a quorum is present, shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the this Declaration of Trust or these Bylaws permits or requires that the holders of any class Series or series of Shares Class shall vote as an individual class a Series or seriesClass, then a plurality majority of the quorum of Shares of that class Series or series necessary for Class voted on the transaction matter (or a plurality with respect to the election of business by that class or series at a Shareholders’ meeting Trustee) shall decide that matter insofar as that class Series or series Class is concerned.

Quorum and Required Vote. Except when a larger quorum is ------------------------ required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when The presence at a larger quorum is required meeting of Shareholders in person or by any provision proxy of law or the Declaration of Trust or these Bylaws, Shareholders entitled to vote at least thirty percent (30%) of all votes entitled to be cast at the Shares meeting of each series or class entitled to vote on as a particular matter series or class shall constitute be a quorum for the transaction of business at a Shareholders’ Shareholders meeting, except that where any provision of law or the of this Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote in the aggregate and not as an individual class a series or seriesclass, then the presence in person or by proxy of Shareholders entitled to vote at least thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series all votes entitled to vote be cast at the meeting (without regard to series or class) shall be necessary to constitute a quorum for the transaction of business by that class or seriesquorum. Any lesser number number, however, shall be sufficient for adjournments. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a different larger vote is required by any provision provisions of law the 1940 Act, this Declaration of Trust, or the Declaration of Trust or these BylawsBy-Laws, a plurality majority of the quorum Shares of Shares necessary for the transaction of business at a Shareholders’ meeting each series or class voted on any matter shall decide any questions and a plurality of Shares voted shall elect a Trusteesuch matter insofar as that series or class is concerned, provided that where any provision of law or of the this Declaration of Trust or these Bylaws permits or requires that the holders of any class Shares vote in the aggregate and not as a series or series of Shares shall vote as an individual class or seriesclass, then a plurality majority of the quorum of Shares of that class voted on the matter (without regard to series or series necessary for the transaction of business by that class or series at a Shareholders’ meeting class) shall decide that matter insofar as that class or series is concernedand a plurality shall elect a Trustee.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law law, or the Declaration of Trust or these Bylaws, thirty percent (30%) % of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any series or class or series of Shares shall vote as an individual class a series or seriesclass, then thirty percent (30%) % (unless a larger quorum is required as specified above) of Shares of that series or class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class series or seriesclass, as the case may be. Any lesser number shall be sufficient for adjournments. Any adjourned session meeting or sessions meetings may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different larger vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions question and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any series or class or series of Shares shall vote as an individual class a series or seriesclass, then a plurality of the quorum of Shares of that series or class or series necessary for the transaction of business by that series or class or series at a Shareholders’ ' meeting shall decide that matter insofar as that series or class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the this Declaration of Trust or these BylawsTrust, thirty percent (30%) % of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or the Declaration of Trust requires, or these Bylaws permits or requires with the Trustees’ approval, that holders of any Series or class or series of Shares shall vote as an individual Series or class or seriesof Shares, then thirty percent (30%) % (unless a larger quorum is required as specified above) of Shares of that Series or class or series of Shares entitled to vote shall be necessary to constitute a quorum for the transaction of business by that Series or class or seriesof Shares, as the case may be. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different larger vote is required by any provision of law or the Declaration of Trust or these BylawsTrust, a plurality of the quorum of Shares necessary for the transaction of business voted at a Shareholders’ meeting shall decide any questions question and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust requires, or these Bylaws permits or requires with the Trustees’ approval, that the holders of any Series or class or series of Shares shall vote as an individual Series or class or seriesof Shares, then a plurality of the quorum of Shares of that Series or class or series necessary for the transaction of business by that class or series Shares voted at a Shareholders’ meeting shall decide that matter insofar as that Series or class or series of Shares is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) One-third of the Shares entitled to vote on a particular matter in person or by proxy shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the this Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall Series to vote as an individual class a Series or seriesthe holders of a Class to vote as a Class, then thirty percent (30%) (unless a larger quorum is required as specified above) one‑third of the aggregate number of Shares of that class Series or series Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class Series or seriesClass. Any lesser number shall meeting of Shareholders may, by action of the chairman of the meeting, be sufficient for adjournmentsadjourned with respect to one or more matters to be considered at such meeting, whether or not a quorum is present with respect to such matter(s). Any adjourned session or sessions meeting may be heldheld as adjourned without further notice if the date, within a reasonable time after and place of the date set for adjourned meeting were announced at the original meeting, without time of the necessity of further noticeadjournment. Except when a different larger vote is required by any provision of law or the this Declaration of Trust or these Bylawsthe By‑laws or by applicable law, when a quorum is present at any meeting, a plurality majority of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting voted shall decide any questions and a plurality of the Shares voted shall elect a Trustee, provided that where any provision of law or of the this Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall Series to vote as an individual class a Series or seriesthe holders of a Class to vote as a Class, then a plurality majority of the quorum of Shares of that class Series or series necessary for Class voted on the transaction of business by that class or series at a Shareholders’ meeting matter shall decide that matter insofar as that class Series or series Class is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall -7- vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.. 10.4

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where when any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required ------------------------ by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or a series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different larger vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or a series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by ------------------------ any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or a series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different larger vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or a series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws -7- permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.. 10.4

Quorum and Required Vote. Except when a larger quorum is required by any provision of law law, the rules and regulations of the New York Stock Exchange, or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or a series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different larger vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or a series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as -7- specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.. 10.4

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) One-third of the Shares entitled to vote on a particular matter in person or by proxy shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the this Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall Series to vote as an individual class a Series or seriesthe holders of a Class to vote as a Class, then thirty percent (30%) (unless a larger quorum is required as specified above) one-third of the aggregate number of Shares of that class Series or series Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class Series or seriesClass. Any lesser number shall meeting of Shareholders may, by action of the chairman of the meeting, be sufficient for adjournmentsadjourned with respect to one or more matters to be considered at such meeting, whether or not a quorum is present with respect to such matter(s). Any adjourned session or sessions meeting may be heldheld as adjourned without further notice if the date, within a reasonable time after and place of the date set for adjourned meeting were announced at the original meeting, without time of the necessity of further noticeadjournment. Except when a different larger vote is required by any provision of law or the this Declaration of Trust or these Bylawsthe By-laws or by applicable law, when a quorum is present at any meeting, a plurality majority of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting voted shall decide any questions and a plurality of the Shares voted shall elect a Trustee, provided that where any provision of law or of the this Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall Series to vote as an individual class a Series or seriesthe holders of a Class to vote as a Class, then a plurality majority of the quorum of Shares of that class Series or series necessary for Class voted on the transaction of business by that class or series at a Shareholders’ meeting matter shall decide that matter insofar as that class Series or series Class is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law law, or the Declaration of Trust or these Bylaws, thirty percent (30%) % of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any series or class or series of Shares shall vote as an individual class a series or seriesclass, then thirty percent (30%) % (unless a larger quorum is required as specified above) of Shares of that series or class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class series or seriesclass, as the case may be. Any lesser number shall be sufficient for adjournments. Any adjourned session meeting or sessions meetings may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different larger vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting shall decide any questions question and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any series or class or series of Shares shall vote as an individual class a series or seriesclass, then a plurality of the quorum of Shares of that series or class or series necessary for the transaction of business by that series or class or series at a Shareholders’ meeting shall decide that matter insofar as that series or class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ ' meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable 7 time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ ' meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ ' meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any meeting may be adjourned to the time or times as determined by the Trustees and communicated to the Shareholders in the manner provided in Section 10.2 hereof. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality majority of the quorum of Shares necessary for the transaction of business voted at a Shareholders’ meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality majority of the quorum of Shares voted of that class or series necessary for the transaction of business by that class or series at a Shareholders’ meeting shall decide that matter insofar as that class or series is concerned.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty percent (30%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty percent (30%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ meeting shall decide that matter insofar as that class or series is concerned. If any question on which the Shareholders are entitled to vote would adversely affect the rights of any Series or class of Shares, the vote of a majority (or such larger vote as is required as aforesaid) of the Shares of such Series or class which are entitled to vote, voting separately, shall also be required to decide such question.

Quorum and Required Vote. Except when a larger quorum is required by any provision of law or the Declaration of Trust or these Bylaws, thirty thirty-three and one-third percent (3033 1⁄3%) of the Shares entitled to vote on a particular matter shall constitute a quorum for the transaction of business at a Shareholders’ meeting, except that where any provision of law or the Declaration of Trust or these Bylaws permits or requires that holders of any class or series of Shares shall vote as an individual class or series, then thirty thirty-three and one-third percent (3033 1⁄3%) (unless a larger quorum is required as specified above) of Shares of that class or series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that class or series. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a different vote is required by any provision of law or the Declaration of Trust or these Bylaws, a plurality of the quorum of Shares necessary for the transaction of business at a Shareholders’ meeting shall decide any questions and a plurality of Shares voted shall elect a Trustee, provided that where any provision of law or of the Declaration of Trust or these Bylaws permits or requires that the holders of any class or series of Shares shall vote as an individual class or series, then a plurality of the quorum of Shares of that class or series necessary for the transaction of business by that class or series at a Shareholders’ meeting shall decide that matter insofar as that class or series is concerned.