The Preliminary General. Meeting shall be instated on first call with the attendance of Parties representing, at least, 70% of the Affected Shares and, on second call (to be held 24 hours after the first call), with the attendance of Parties representing, at least, 50% plus one, of the Affected Shares. 3.3.6.1 If, on first call, a quorum has not been reached to hold the Preliminary General Meeting after 30 minutes have elapsed from the time set for the meeting, the Chief Executive Officer shall communicate the lack of quorum to the Parties, pursuant to the terms of the Section 15 below, and the Preliminary General Meeting shall take place on a second call, according to Section 3.3.6 above.
Appears in 5 contracts
Samples: Shareholder Agreements, Shareholder Agreements, Shareholder Agreements
