Common use of Quorum at Meetings Clause in Contracts

Quorum at Meetings. The quorum for any meeting of the Management Committee is one Representative from each of the Parties. If a quorum is not present at the date, time and place set for a meeting, then the meeting shall be adjourned to the same place and time on the same day of the following week. At the continuation of the adjourned meeting the Management Committee may conduct business, if a notice regarding the continuation of the adjourned meeting was sent to the Party whose Representative did not attend the meeting as originally scheduled. In no other circumstance may business be transacted at a meeting of the Management Committee without a quorum being present.

Appears in 3 contracts

Samples: Option and Joint Venture Agreement (Alberta Star Development Corp), Joint Venture Agreement (Avino Silver & Gold Mines LTD), Option and Joint Venture Agreement (AMERICAN CORDILLERA MINING Corp)

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Quorum at Meetings. The quorum for any meeting of the Management Committee is one Representative from each of the Parties. If a quorum is not present at the date, time and place set for a meeting, then the meeting shall be adjourned to the same place and time on the same day of the following next week. At the continuation of the adjourned meeting the Management Committee may conduct business, if a notice regarding the continuation of the adjourned meeting was sent to the Party whose Representative did not attend the meeting as originally scheduledfirst portion of the meeting. In no other circumstance may business be transacted at a meeting of the Management Committee without a quorum being present.

Appears in 2 contracts

Samples: River Option and Joint Venture Agreement (Uranerz Energy Corp.), Option and Joint Venture Agreement (North Bay Resources Inc)

Quorum at Meetings. The quorum for any meeting of the Management Committee is the one Representative from each of the Parties. If a quorum is not present at the date, time and place set for a meeting, then the meeting shall be adjourned to the same place and time on the same day of the following next week. At the continuation of the adjourned meeting the Management Committee may conduct business, if a notice regarding the continuation of the adjourned meeting was sent to the Party whose Representative did not attend the meeting as originally scheduledfirst portion of the meeting. In no other circumstance may business be transacted at a meeting of the Management Committee without a quorum being present.

Appears in 1 contract

Samples: Option and Joint Venture Agreement (Donner Minerals LTD)

Quorum at Meetings. The quorum for any meeting of the Management Committee is one (1) Representative from each of the Parties. If a quorum is not present at the date, time and place set for a meeting, then the meeting shall be adjourned to the same place and time on the same day of the following week. At the continuation of the adjourned meeting the Management Committee may conduct business, if a notice regarding the continuation of the adjourned meeting was sent to the Party whose Representative did not attend the meeting as originally scheduled. In no other circumstance may business be transacted at a meeting of the Management Committee without a quorum being present.

Appears in 1 contract

Samples: Option and Joint Venture Agreement

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Quorum at Meetings. The quorum for any meeting of the Management Committee is the one Representative from each of the Parties. If a quorum is not present at the date, time and place set for a meeting, then the meeting shall be adjourned to the same place and time on the same day of the following next week. At the continuation of the adjourned meeting the Management Committee may conduct business, if a notice regarding the continuation of the adjourned meeting was sent to the Party whose Representative did not attend the meeting as originally scheduledfirst portion of the meeting. In no other circumstance may business be transacted at a meeting of the Management Committee without a quorum being present.

Appears in 1 contract

Samples: Option and Joint Venture Agreement (Donner Minerals LTD)

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