Common use of Meetings of Holders Clause in Contracts

Meetings of Holders. Meetings of the Holders may be called at any time by a majority of the Directors and shall be called by any Director upon written request of Holders holding, in the aggregate, not less than 10% of the Interests of the Company, such request specifying the purpose or purposes for which such meeting is to be called. Any such meeting shall be held within or without the State of Delaware on such day and at such time as the Directors shall designate. Holders of at least one-third of the Interests of the Company, present in person or by proxy, shall constitute a quorum for the transaction of any business, except as may otherwise be required by the 1940 Act or other applicable law or by this Agreement or the By-Laws of the Company. If a quorum is present at a meeting, an affirmative vote by the Holders present, in person or by proxy, holding more than 50% of the total Interests of the Holders present, either in person or by proxy, at such meeting constitutes the action of the Holders, unless the 1940 Act, other applicable law, this Agreement including the By-Laws of the Company require a greater number of affirmative votes.

Meetings of Holders. Meetings of the Holders may be called at any time by a majority of the Directors Trustees and shall be called by any Director Trustee upon written request of Holders holding, in the aggregate, not less than 10% of the Interests of the CompanyInterests, such request specifying the purpose or purposes for which such meeting is to be called. Any such meeting shall be held within or without the State of Delaware on such day and at such time as the Directors Trustees shall designate. Holders of at least one-third of the Interests of in the CompanyTrust, present in person or by proxy, shall constitute a quorum for the transaction of any business, except as may otherwise be required by the 1940 Act or other applicable law or by this Agreement Declaration or the By-Laws of the CompanyTrust. If a quorum is present at a meeting, an affirmative vote by the Holders present, in person or by proxy, holding more than 50% of the total Interests of the Holders present, either in person or by proxy, at such meeting constitutes the action of the Holders, unless the 1940 Act, other applicable law, this Agreement including Declaration or the By-Laws of the Company require Trust requires a greater number of affirmative votes.

Meetings of Holders. Meetings of the Holders may be called at any time by a majority of the Directors and shall be called by any Director upon written request of Holders holding, in the aggregate, not less than 10% of the Interests of the Company, such request specifying the purpose or purposes for which such meeting is to be called. Any such meeting shall be held within or without the State of Delaware on such day and at such time as the Directors shall designate. Holders of at least one-third of the Interests of the Company, present in person or by proxy, shall constitute a quorum for the transaction of any business, except as may otherwise be required by the 1940 Act or other applicable law or by this Agreement or the By-Laws of the Company. If a quorum is present at a meeting, an affirmative vote by the Holders present, in person or by proxy, holding more than 50% of the total Interests of the Holders present, either in person or by proxy, at such meeting constitutes the action of the Holders, unless the 1940 Act, other applicable law, this Agreement including or the By-Laws of the Company require a greater number of affirmative votes.