Common use of Quorum Clause in Contracts

Quorum. At any meeting of the Trustees, one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 25 contracts

Samples: By Laws (Kemper Europe Fund), By Laws (Kemper Global Income Fund), By Laws (Kemper Aggressive Growth Fund)

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Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than twotwo unless the number of Trustees then in office shall be one. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 11 contracts

Samples: By Laws (Colonial New York Insured Municipal Fund), By Laws (Colonial California Insured Municipal Fund), By Laws (Colonial New York Insured Municipal Fund)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.. [renumbered 9/15/92]

Appears in 9 contracts

Samples: Bylaws (Columbia Acorn Trust), Bylaws (Columbia Acorn Trust), Bylaws (Columbia Acorn Trust)

Quorum. At any meeting of the Trustees, Trustees one-third half of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 8 contracts

Samples: By Laws (State Street Research Capital Trust), By Laws (State Street Research Financial Trust), By Laws (State Street Research Tax Exempt Trust)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. At any meeting of a Committee, one-third of the Trustees who are members of that Committee shall constitute a quorum for the transaction of business of such Committee; provided, however, a quorum shall not be less than two.

Appears in 6 contracts

Samples: By Laws (SEI Exchange Traded Funds), By Laws (SEI Exchange Traded Funds), By Laws (Brinker Capital Destinations Trust)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in ------- office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 6 contracts

Samples: By Laws (Advisors Inner Circle Fund), By Laws (Sei Asset Allocation Trust), By Laws (Turner Funds)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than twotwo (except at such time as there is only one Trustee). Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 5 contracts

Samples: By Laws (Driehaus Mutual Funds), By Laws (Driehaus Mutual Funds), By Laws (Driehaus Mutual Funds)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. A meeting at which a quorum is initially present may continue to transact business notwithstanding the withdrawal of Trustees if any action taken is approved by at least a majority of the required quorum for that meeting.

Appears in 4 contracts

Samples: By Laws (Catholic Responsible Investments Funds), By Laws (Frost Family of Funds), By Laws (Gallery Trust)

Quorum. At any meeting of the Trustees, one-third Trustees sixty percent (60%) of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than twothree. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 3 contracts

Samples: By Laws (Nations Institutional Reserves), By Laws (Nations Institutional Reserves), By Laws (Nations Institutional Reserves)

Quorum. At any meeting of the Trustees, one-third a majority of the Trustees then in office shall constitute a quorum; provided, however, provided that the Bylaws may provide for other quorum requirements with respect to meetings of a quorum (unless committee or other body of the Board of Trustees consists of two or fewer persons) shall not be less than twoTrustees. Any meeting of the Trustees may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Ashmore Funds), Trust Agreement (Ashmore Funds)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two, unless there are fewer than two Trustees then in office. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: By Laws (Variable Investors Series Trust /Ma/)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees ------ then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than twotwo (except at such time as there is only one Trustee). Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: By Laws (William Blair Funds)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in ------ office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than twotwo (except at such time as there is only one Trustee). Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: By Laws (Horace Mann Mutual Funds)

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Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. At any meeting of a Committee, one-third of the Trustees who are members of that Committee shall a quorum for the transaction of business of such Committee; provided, however, a quorum shall not be less than two.

Appears in 1 contract

Samples: By Laws (Adviser Managed Trust)

Quorum. At any meeting of the Trustees, one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: Bylaws (Wanger Advisors Trust)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then ------ in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than twotwo (except at such time as there is only one Trustee). Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: By Laws (Henderson Global Funds)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then than in ------ office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: By Laws (Sei Liquid Asset Trust)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than twotwo unless the number of Trustees then in office shall be one. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.. 3 Section

Appears in 1 contract

Samples: By Laws (Colonial High Income Municipal Trust)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in ------ office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: By Laws (Sti Classic Variable Trust)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees then in office shall constitute consti­tute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: By Laws (Sei Liquid Asset Trust)

Quorum. At any meeting of the Trustees, Trustees one-third of the Trustees ------- then in office shall constitute a quorum; provided, however, a quorum (unless the Board of Trustees consists of two or fewer persons) shall not be less than two. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice.

Appears in 1 contract

Samples: By Laws (Marquis Funds)

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