Common use of Chairman, Secretary and Scrutineers Clause in Contracts

Chairman, Secretary and Scrutineers. A Person designated by the Manager shall be the chairman of any meeting of Unitholders. If such Person is not present within 15 minutes after the time fixed for holding the meeting or if the Manager has not appointed a chairman, the Persons present and entitled to vote shall choose any of their number to be chairman. The chairman of the meeting shall appoint a Person, who need not be a Unitholder, to act as secretary of the meeting. If desired, one or more scrutineers, who need not be Unitholders, may be appointed by a resolution or by the chairman with the consent of the meeting.

Appears in 15 contracts

Samples: Trust Agreement (Sprott Physical Gold Trust), Trust Agreement (Sprott Physical Silver Trust), Trust Agreement (Sprott Physical Gold & Silver Trust)

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Chairman, Secretary and Scrutineers. A Person designated by the Manager shall be the chairman of any meeting of Unitholders. If such Person is not present within 15 minutes after the time fixed for holding the meeting or if the Manager has not appointed a chairman, the Persons present and entitled to vote shall choose any of their number to be chairman. The chairman of the meeting shall appoint a some Person, who need not be a Unitholder, to act as secretary of the meeting. If desired, one or more scrutineers, who need not be Unitholders, may be appointed by a resolution or by the chairman with the consent of the meeting.

Appears in 1 contract

Samples: Trust Agreement (Sprott Physical Gold Trust)

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