Quorum for General Meetings. 1.1 No business shall be transacted at any meeting of the Shareholders of the Company unless a quorum of shareholders is present at the time when the meeting proceeds to business and remains present during the transaction of business.
1.2 The quorum of any meeting of the Company shall be the presence of a representative of the Majority Investors and a representative of the Co-Investors.
1.3 If a quorum is not constituted at any meeting of the Company within half an hour from the time appointed for the meeting or if during the meeting a quorum ceases to be present for a period exceeding 10 minutes, the meeting shall be adjourned for two (2) Business Days whereupon the meeting will be quorate with the presence of a representative of the Majority Investors notwithstanding the absence of any Co-Investors’ Shareholders.
Quorum for General Meetings. 24.1 No business shall be transacted at any GM unless a quorum is present when the meeting proceeds to business. The quorum necessary for the holding of any GM shall be such of the Members entitled to vote, as together for the time being, represent 20% (twenty percent) of the total votes of all Members of the Association entitled to vote, for the time being save that not less than 3 (three) Members must be personally present.
24.2 If within half an hour from the time appointed for the holding of a GM, a quorum is not present, the meeting shall stand adjourned to the same day in the next week at the same place and time and if a quorum is not present within half an hour of the time appointed for the meeting, the Owners present in person or by proxy and who are entitled to vote shall form a quorum.
Quorum for General Meetings. At least one Youku shareholder holding not less than an aggregate of one-third of all voting share capital of Youku in issue present in person or by proxy and entitled to vote shall be a quorum for a general meting for all purposes. Two or more Tudou shareholders holding not less than an aggregate of one-third of all voting share capital of Tudou in issue present in person or by proxy or, if a corporation or other non-natural person, by its duly authorized representative or proxy and entitled to vote shall be a quorum for a general meeting all purposes. Directors The Youku Board shall consist of not less than five directors (exclusive of alternate directors), provided that Youku may from time to time by ordinary resolution increase or decrease the number of directors on the Youku Board. The directors by the affirmative vote of a simple majority of the remaining directors present and voting at a Youku Board meeting, or the sole remaining director, shall have the power from time to time and at any time to appoint any person as a director to fill a casual vacancy on the Youku Board or as an addition to the existing Youku Board, subject to Youku's compliance with director nomination procedures required under applicable New York Stock Exchange corporate governance rules. If (1) a director was or is affiliated with or was appointed to the Youku Board by a holder or a group of affiliated holders of preferred shares and/or Youku Class A shares converted from preferred shares of Youku prior to the completion of Youku's initial public offering, and (2) such holder or holders ceases to own 5% or more of Xxxxx's total issued and outstanding Youku shares on an as-converted basis, the Youku Board may request the director to resign from the Youku Board and the director shall resign from the Youku Board when a suitable director replacement candidate is identified by the Youku Board after a reasonable period of time. Unless otherwise determined by Xxxxx in a general meeting, the number of directors shall not be less than three and not more than ten. The directors shall be elected or appointed by Tudou shareholders at a general meeting or by the Tudou Board in accordance with Xxxxx's amended and restated articles and memorandum of association. Tudou may by ordinary resolution elect any person to be a director either to fill a casual vacancy on the Tudou Board or as an addition to the existing Tudou Board. The directors may appoint any person as a director to fill a casual v...
Quorum for General Meetings. Subject to the provisions of the Act, the presence of the authorised representative of APGL shall be required to constitute quorum for a general body meeting.
Quorum for General Meetings. 48.1. No business other than the appointment of the chairman of the meeting is to be transacted at a general meeting if the persons attending it do not constitute a quorum.
Quorum for General Meetings. Our articles of association provide that no business shall be transacted at any general meeting unless a quorum is present. One or more shareholders present in person or by proxy at any meeting of shareholders holding not less than a majority of the issued and outstanding shares entitled to vote at the meeting in question will constitute a quorum for such meeting.
Quorum for General Meetings. The quorum for the general meeting shall be as per the provisions of the Act, however presence of the authorized representative of the Investor and at least 1 (one) the authorized representative of the Founders shall be necessary to form a quorum for a valid general meeting unless the authorized representative of the Investor or the Founders, as the case may be, provides written notice prior to commencement of any general meeting or adjourned meeting waiving the requirement of his presence to constitute valid quorum for a particular general meeting or adjourned meeting, as the case may be. If a quorum is not present within 30 (thirty) minutes of the scheduled time for any Shareholders meeting or ceases to exist at any time during the meeting, then the meeting shall be adjourned, to the same day, place and time in the next succeeding week (it being understood that the agenda for such adjourned meeting shall remain unchanged and the quorum for such adjourned meeting shall be the Shareholders present thereat, not being less than two). Provided tha if the authorized representative of the Investor is not present at such adjourned m ting as is equi ed under this clause, the Shareholders shall not take such action or pass such resolutions in respect of matters referred to in Clause 8.18 specified in the notice of the meeting (consequently the adjourned meeting), unless the Investor has consented in writing to such action being taken or such resolution(s) being passed, prior to the convening of such meeting.
Quorum for General Meetings. To constitute a quorum for a general meeting of the Company where any Specified Matter is being considered, the presence in person or through proxy of an authorized representative of Investor shall be necessary at the commencement and throughout the duration of the meeting, unless the Investor has prior to the meeting conveyed in writing to the Company his acceptance or disagreement in relation to the Specified Matter proposed to be considered at such Shareholders Meeting. The Promoters and the Company in so far as the XXX Group Companies are concerned shall not exercise their voting rights at the Shareholders Meeting against the decision conveyed by the Investor Director.
Quorum for General Meetings. (a) No business shall be transacted at any meeting of the Shareholders unless a quorum of members is present at the time when the meeting commences and remains present during the transaction of business at such meeting.
(b) The quorum of any meeting of the Company shall be the presence of a representative of THCP Investors and a representative of the Trust Investors.
(a) If a quorum, as set out in clause 9.1(b), is not constituted within half an hour of the appointed time for the meeting to commence or if during the meeting a quorum ceases to be present for a period exceeding 10 minutes due to the absence of a representative of a THCP Investor or Founder Director, the meeting shall be adjourned for two Business Days or, if the meeting is in respect of an urgent matter:
(i) if the meeting was adjourned due to the absence of a representative of a THCP Investor, such shorter time as reasonably determined by the Trust Investors, whereupon the quorum of the meeting shall be the presence of any one representative of the Trust Investors; and
(ii) if the meeting was adjourned due to the absence of a representative of a Trust Investor, such shorter time as reasonably determined by the THCP Investors, whereupon the quorum of the meeting shall be the presence of any one representative of the THCP Investor.
Quorum for General Meetings. (a) Subject to clause 7.3(b), the quorum for General Meetings shall be Shareholders representing a majority (by number) of the Shares, provided that at least one (1) representative from FSI and one (1) representative from Marathon is present throughout the meeting.
(b) If a quorum for a General Meeting is not present (i) within one (1) hour of the scheduled time for a General Meeting, or (ii) ceases to exist during the course of a General Meeting, the General Meeting shall be adjourned to the same day, time and venue in the next week (an “Adjourned General Meeting”). If a General Meeting has been adjourned twice due to no representative from Marathon being present at the meeting, the required quorum at the second Adjourned General Meeting shall be Shareholders representing a majority (by number) of the Shares.
