Common use of Adjournment Clause in Contracts

Adjournment. A majority of the Directors present, whether or not constituting a quorum, may adjourn any meeting to another time and place. Notice of the time and place of holding an adjourned meeting need not be given unless the meeting is adjourned for more than 48 hours, in which case notice of the time and place shall be given before the time of the adjourned meeting.

Appears in 11 contracts

Samples: Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC)

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Adjournment. A majority of the Directors Managers present, whether or not constituting a quorumquorum is present, may adjourn any Board of Managers meeting to another time and place. Notice of the time and place of holding an adjourned meeting need not be given unless the If a meeting is adjourned for more than 48 hoursadjourned, in which case notice of the any adjournment to another time and or place shall be given before prior to the time of the adjourned meetingmeeting to the Managers that were not present at the time of adjournment.

Appears in 11 contracts

Samples: Operating Agreement (MacroShares $100 Oil Up Trust), Operating Agreement (Claymore MACROshares Oil Up Holding Trust), Operating Agreement (MacroShares Housing Depositor, LLC)

Adjournment. A majority of the Directors directors present, whether or not constituting a quorumquorum exists, may adjourn any meeting of the Board to another time and place. Notice of the time and place of holding an such adjourned meeting need not be given unless if they are fixed at the meeting adjourned and while a quorum is adjourned for more than 48 hours, in which case present; otherwise notice of the time and place shall be given before to all directors in the time of the adjourned meetingmanner directed in subsection (c) above.

Appears in 7 contracts

Samples: Equity Agreement (ViewRay, Inc.), Equity Agreement (ViewRay, Inc.), Equity Agreement (ViewRay, Inc.)

Adjournment. A majority of the Directors present, whether or not constituting a quorumquorum is present, may adjourn any meeting of the Board of Directors to another time and or place. Notice No notice need be given of any adjourned meeting unless the time and place of holding an the adjourned meeting need are not be given unless announced at the meeting is adjourned for more than 48 hourstime of adjournment, in which case notice conforming to the requirements of the time and place Section 2.05 shall be given before the time of the adjourned meetingto each Director.

Appears in 6 contracts

Samples: Agreement and Plan of Contribution and Merger (Excalibur Technologies Corp), Shareholders Agreement (Remington Arms Co Inc/), Stockholders Agreement (NCP SBG Lp)

Adjournment. A majority of the Directors present, whether or not constituting a quorumquorum is present, may adjourn any meeting of the Board of Directors to another time and or place. Notice No notice need be given of any adjourned meeting unless the time and place of holding an the adjourned meeting need are not be given unless announced at the meeting is adjourned for more than 48 hourstime of adjournment, in which case notice conforming to the requirements of the time and place Section 2.05 of these By-Laws shall be given before the time of the adjourned meetingto each Director.

Appears in 5 contracts

Samples: Senior Loan and Security Agreement (Specialty Underwriters Alliance, Inc.), Subordinated Loan and Security Agreement (Specialty Underwriters Alliance, Inc.), Agreement and Plan of Merger (Alliance Laundry Systems LLC)

Adjournment. A majority of the Directors Managers present, whether or not constituting a quorum, may adjourn any meeting to another time and place. Notice of the time and place of holding an adjourned meeting need not be given unless the meeting is adjourned for more than 48 forty-eight (48) hours, in which case notice of the time and place shall be given before the time of the adjourned meeting.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (TriLinc Global Impact Fund LLC), Limited Liability Company Operating Agreement (TriLinc Global Impact Fund LLC)

Adjournment. A quorum of the Managers may adjourn any Managers’ meeting to meet again at a stated day and hour; provided, however, that in the absence of a quorum a majority of the Directors presentManagers presented at any Managers’ meeting, whether either regular or not constituting a quorumspecial, may adjourn any from time to time until the time fixed for the next regular meeting to another time and place. Notice of the time and place of holding an adjourned meeting need not be given unless the meeting is adjourned for more than 48 hours, in which case notice of the time and place shall be given before the time of the adjourned meetingBoard.

Appears in 4 contracts

Samples: Operating Agreement (MGP Finance Co-Issuer, Inc.), Operating Agreement (MGP Finance Co-Issuer, Inc.), Operating Agreement (MGP Finance Co-Issuer, Inc.)

Adjournment. A majority of the Directors presentManagers present at any meeting, whether or not constituting a quorum, may adjourn any meeting to another time and place. Notice of the time and place of holding an adjourned meeting need not be given unless the meeting is adjourned for more than 48 hours, in which case notice of the time and place shall be given before the time of the adjourned meetingmeeting in the manner specified in Section 4.1(e).

Appears in 3 contracts

Samples: Operating Agreement (Brindlee Mountain Telephone Co), Operating Agreement (Brindlee Mountain Telephone Co), Operating Agreement (Brindlee Mountain Telephone Co)

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Adjournment. A majority of the Directors Managers present, whether or not constituting a quorum, may adjourn any meeting to another time and place. Notice of the time and place of holding an adjourned meeting need not be given unless the meeting is adjourned for more than 48 forty-eight (48) hours, in which case notice of the time and place shall be given before the time of the adjourned meetingmeeting in the manner specified in Section 6 of this Article II.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (APW Supermarkets, Inc.), Limited Liability Company Agreement (Fresh International Corp), Limited Liability Company Agreement (Fresh International Corp)

Adjournment. A majority of the Directors managers present, whether or not constituting a quorum, may adjourn any meeting to another time and place. Notice of the time and place of holding an adjourned meeting need not be given unless the meeting is adjourned for more than 48 hours, in which case notice of the time and place shall be given before the time of the adjourned meeting.

Appears in 2 contracts

Samples: Operating Agreement (MVP REIT II, Inc.), Operating Agreement (MVP REIT II, Inc.)

Adjournment. A majority of the Directors Managers present, whether or not constituting a quorumquorum is present, may adjourn any meeting of the Board of Managers to another time and place. Notice of the time and place of holding an adjourned meeting need not be given unless the to absent Managers if such time and place are fixed at such meeting adjourned; provided, however, that if such meeting is adjourned for more than 48 24 hours, in which case notice of the any adjournment to another time and or place shall be given before prior to the time of the adjourned meetingmeeting to the Managers who were not present at the time of such adjournment.

Appears in 1 contract

Samples: Operating Agreement (World Heart Corp)

Adjournment. A majority quorum of the Directors present, whether or not constituting a quorum, Managers may adjourn any meeting to another time and placeof Managers. Notice In the absence of a quorum, a majority of the Managers present may adjourn any meeting of Managers. In adjourning a meeting, the Managers adjourning the meeting can designate a time and place of holding an adjourned the next meeting need not be given unless the meeting is adjourned for more than 48 hours, in which case notice of the time and place shall be given before the time of the adjourned meeting.Managers. (h)

Appears in 1 contract

Samples: Opera Ting Agreement (Rowan N-Class (Gibraltar) LTD)

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