Common use of Quorum Clause in Contracts

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in respect of meetings of the Company, Members holding 50% of Interests, and in respect of meetings of any Series, Members holding 50% of Interests in such Series, present in person or by proxy shall be a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in . In respect of meetings of the Company, Members holding 50% a majority of InterestsShares, and in respect of meetings of any Series, Members holding 50% a majority of Interests Shares in such Series, present in person or by proxy shall be a quorum. In the event a meeting quorum is not quoratepresent, the Managing Member Administrative Manager may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in . In respect of meetings of the Company, Members holding 50% a majority of Interests, and in respect of meetings of any Series, Members holding 50% a majority of Interests in such Series, present in person or by proxy shall be a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in respect of meetings of the Company, Members holding fifty percent (50% %) of Interests, and in respect of meetings of any Series, Members holding fifty percent (50% %) of Interests in such Series, present in person or by proxy shall be a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in . In respect of meetings of the Company, Members holding 50% a majority of Interests, and in respect of meetings of any Series, Members holding 50% of Voting Interests in such Series, present in person or by proxy shall be a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. No business shall be transacted at any meeting of the Members unless a quorum of Members is present at the time when the meeting proceeds to business; in respect of meetings of the Company, Members holding fifty (50% %) of Outstanding Interests, and in respect of meetings of any Series, Members holding fifty (50% %) of Outstanding Interests in such Series, present in person or by proxy shall be a quorum. In the event a meeting is not quorate, the Managing Member Manager may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. 59. No business shall be transacted at any general meeting unless a quorum of Members is present at the time when that the meeting proceeds to business; in respect , but the absence of meetings a quorum shall not preclude the appointment, choice or election of a chairman, which shall not be treated as part of the Companybusiness of the Meeting. Save as herein otherwise provided, one or more Members holding 50% in the aggregate not less than one third of Interests, and in respect the total issued share capital of meetings of any Series, Members holding 50% of Interests in such Series, the Company present in person or by proxy and entitled to vote shall be a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretion.Adjournment for lack of quorum

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in respect of meetings of the Company, Members holding 50% of Interests, and in respect of meetings of any Series, Members holding 50% of Interests in such Series, present in person or by proxy shall be a quorum. In the event a meeting is not quorate, the Managing Member Manager may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. 2.1 No business shall be transacted at any general meeting of Shareholders unless a quorum of Members Shareholders is present at the time when the meeting proceeds to business and remains present during the transaction of business; in respect . The quorum necessary for the transaction of meetings business at a general meeting of Shareholders shall be three Shareholders (including at least one member of the CompanyRBS Group, Members holding 50% one member of Interests, the Santander Group and in respect one member of meetings of any Series, Members holding 50% of Interests in such Seriesthe State Group), present in person or by proxy shall be or a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretionrepresentative duly authorised.

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in respect of meetings of the Company, Members holding 50% of Interests, and in respect of meetings of any Series, Members holding 50% of Interests in such Series, present in person or by proxy shall be a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in respect of meetings of the Company, Members holding 50% of Interests, and in respect of meetings of any Series, Members holding 50% of Interests in such Series, present in person or by proxy shall be a quorum. In the event a meeting quorum is not quoratepresent, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretion.

Quorum. 2.1 No business shall be transacted at any general meeting of Shareholders unless a quorum of Members Shareholders is present at the time when the meeting proceeds to business and remains present during the transaction of business; in respect . The quorum necessary for the transaction of meetings business at a general meeting of Shareholders shall be three Shareholders (including at least one member of the CompanyRBS Group, Members holding 50% one member of Interests, the Santander Group and in respect one member of meetings of any Series, Members holding 50% of Interests in such Seriesthe Fortis Group), present in person or by proxy shall be or a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretionrepresentative duly authorised.

Quorum. No business shall be transacted at any meeting unless a quorum of Members is present at the time when the meeting proceeds to business; in respect of meetings of the Company, Members holding 50% of Interests, and in respect of meetings of any Series, Members holding 50% of Interests in such Series, present in person or by proxy proxy, shall be a quorum. In the event a meeting is not quorate, the Managing Member may adjourn or cancel the meeting, as it determines in its sole discretion.