Common use of Chair Clause in Contracts

Chair. Some individual, who need not be a Holder, nominated in writing by the Trustee shall be chair of the meeting and if no individual is so nominated, or if the individual so nominated is not present within 15 minutes from the time fixed for the holding of the meeting, a majority of the Holders present in person or by proxy shall choose some individual present to be chair.

Appears in 14 contracts

Sources: Trust Indenture (Sunoco LP), Trust Indenture (Sunoco LP), Trust Indenture (Sunoco LP)

Chair. Some individualperson, who need not be a HolderDebentureholder, nominated in writing by the Corporation (in case it convenes the meeting) or the Trustee (in any other case) shall be chair of the meeting and if no individual person is so nominated, or if the individual person so nominated is not present within 15 minutes from the time fixed for the holding of the meeting, a majority of the Holders Debentureholders present in person or by proxy shall choose some individual present to be chair.

Appears in 5 contracts

Sources: Trust Indenture (NexGen Energy Ltd.), Trust Indenture (NexGen Energy Ltd.), Trust Indenture (NexGen Energy Ltd.)

Chair. Some individualA person, who need not be a HolderWarrantholder, nominated in writing by the Trustee shall be Trustee, will chair a meeting of the meeting Warrantholders, and if no individual such person is so nominated, nominated or if the individual so person nominated is will not be present within 15 minutes from after the time fixed appointed for the holding of the meeting, the Warrantholders present will choose a majority of the Holders present in person or by proxy shall choose some individual present to be chairchairman.

Appears in 3 contracts

Sources: Warrant Indenture (Oragenics Inc), Warrant Indenture (Oragenics Inc), Warrant Indenture (Eveolution Ventures Inc)

Chair. Some individualperson, who need not be a HolderDebentureholder, nominated in writing by the Trustee shall be chair of the meeting and if no individual person is so nominated, or if the individual person so nominated is not present within 15 minutes from the time fixed for the holding of the meeting, a majority of the Holders Debentureholders present in person or by proxy shall choose some individual person present to be chair.

Appears in 3 contracts

Sources: Trust Indenture (Algonquin Power & Utilities Corp.), Trust Indenture (Algonquin Power & Utilities Corp.), Trust Indenture (Algonquin Power Income Fund)

Chair. Some individual, who need not be a Holder, nominated in writing by the Trustee shall be chair of the meeting and if no individual is so nominated, or if the individual so nominated is not present within 15 minutes from the time fixed for the holding of the meeting, a the majority of the Holders present in person or by proxy shall choose some individual present to be chair.

Appears in 2 contracts

Sources: Trust Indenture (Obsidian Energy Ltd.), Trust Indenture

Chair. Some individual, who need not be a Holder, nominated The Trustee may nominate in writing by the Trustee shall an individual to be chair of the meeting and if no individual is so nominated, or if the individual so nominated is not present within 15 minutes from after the time fixed for the holding of the meeting, a majority of the Holders Warrantholders present in person or by proxy shall choose some appoint an individual present to be chair. The Chair of the meeting need not be a Warrantholder.

Appears in 2 contracts

Sources: Warrant Indenture (Agnico Eagle Mines LTD), Warrant Indenture (Gryphon Gold Corp)

Chair. Some individual, who need not be a Holder, nominated The Trustee may nominate in writing by the Trustee shall an individual to be chair Chair of the meeting and if no individual is so nominated, or if the individual so nominated is not present within 15 minutes from after the time fixed for the holding of the meeting, a majority of the Holders Warrantholders present in person or by proxy shall choose some appoint an individual present to be chairChair.

Appears in 1 contract

Sources: Warrant Indenture (MDS Inc)

Chair. Some individualPerson, who need not be a Holder, nominated in writing by the Trustee shall be chair of the meeting and if no individual Person is so nominated, or if the individual Person so nominated is not present within 15 minutes from the time fixed for the holding of the meeting, a majority of the Holders present in person or by proxy shall choose some individual Person present to be chair.

Appears in 1 contract

Sources: Indenture (Case Credit Corp)