Common use of Meetings of Partners Clause in Contracts

Meetings of Partners. (a) Actions requiring the vote of the Partners may be taken at any duly constituted meeting of the Partners at which a quorum is present or by means of a written consent. Meetings of the Partners may be called by the General Partner, by the affirmative vote of a majority of Directors then in office, or by Partners holding at least a majority of the total number of votes eligible to be cast by all Partners, and may be held at any time, date and place determined by the General Partner in the case of meetings called by the General Partner or the Partners and at any time, date and place determined by the Directors in the case of meetings called by the Directors. In each case, the General Partner will provide notice of the meeting, stating the date, time and place of the meeting and the record date for the meeting, to each Partner entitled to vote at the meeting within a reasonable time prior to the meeting. Failure to receive notice of a meeting on the part of any Partner will not affect the validity of any act or proceeding of the meeting, so long as a quorum is present at the meeting. Except as otherwise required by applicable law, only matters set out in the notice of a meeting may be voted on by the Partners at the meeting. The presence in person or by proxy of Partners holding a majority of the total number of votes eligible to be cast by all Partners as of the record date will constitute a quorum at any meeting of Partners. In the absence of a quorum, a meeting may be adjourned to the time or times as determined by the General Partner and communicated to the Directors in the manner described above in this Section 3.4(a). Except as otherwise required by any provision of this Agreement or of the 1940 Act, (1) those candidates receiving a plurality of the votes cast at any meeting of Partners called pursuant to Section 2.11(c) of this Agreement or elected pursuant to the requirement of Section 2.11(b) will be elected as Directors and (2) all other actions of the Partners taken at a meeting will require the affirmative vote of Partners holding a majority of the total number of votes eligible to be cast by those Partners who are present in person or by proxy at the meeting.

Appears in 39 contracts

Samples: The Endowment (Endowment Master Fund L P), Agreement (Hatteras Core Alternatives TEI Institutional Fund, L.P.), Core Alternatives (Hatteras Core Alternatives TEI Institutional Fund, L.P.)

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Meetings of Partners. (a) Actions requiring the vote of the Partners may be taken at any duly constituted meeting of the Partners at which a quorum is present or by means of a written consent. Meetings of the Partners may be called by the General Partner, by the affirmative vote of a majority of Directors then in office, or by Partners holding at least a majority of the total number of votes eligible to be cast by all Partners, and may be held at any time, date and place determined by the General Partner in the case of meetings called by the General Partner or the Partners and at any time, date and place determined by the Directors in the case of meetings called by the Directors. In each case, the General Partner will provide notice of the meeting, stating the date, time and place of the meeting and the record date for the meeting, to each Partner entitled to vote at the meeting within a reasonable time prior to the meeting. Failure to receive notice of a meeting on the part of any Partner will not affect the validity of any act or proceeding of the meeting, so long as a quorum is present at the meeting. Except as otherwise required by applicable law, only matters set out in the notice of a meeting may be voted on by the Partners at the meeting. The presence in person or by proxy of Partners holding a majority of the total number of votes eligible to be cast by all Partners as of the record date will constitute a quorum at any meeting of Partners. In the absence of a quorum, a meeting may be adjourned to the time or times as determined by the General Partner and communicated to the Directors in the manner described above in this Section 3.4(aSECTION 3.4(A). Except as otherwise required by any provision of this Agreement or of the 1940 Act, (1) those candidates receiving a plurality of the votes cast at any meeting of Partners called pursuant to Section 2.11(cSECTION 2.11(C) of this Agreement or elected pursuant to the requirement of Section 2.11(bSECTION 2.11(B) will be elected as Directors and (2) all other actions of the Partners taken at a meeting will require the affirmative vote of Partners holding a majority of the total number of votes eligible to be cast by those Partners who are present in person or by proxy at the meeting.

Appears in 4 contracts

Samples: Hatteras Master Fund, L.P., Hatteras Multi-Strategy TEI Fund, L.P., Hatteras Master Fund, L.P.

Meetings of Partners. (a) Actions requiring the vote of the Partners may be taken at any duly constituted meeting of the Partners at which a quorum is present or by means of a written consentpresent. Meetings of the Partners may be called by the General Partner, by the affirmative vote of a majority of Directors then in office, or by Partners holding at least a majority of the total number of votes eligible to be cast by all Partners, and may be held at any such time, date and place determined by as the General Partner shall determine in the case of meetings called by the General Partner or the Partners and at any such time, date and place determined by as the Directors shall determine in the case of meetings called by the Directors. In each case, the General Partner will shall provide notice of the meeting, stating the date, time and place of the meeting and the record date for the meetingtherefor, to each Partner entitled to vote at the meeting within a reasonable time prior to the meetingthereto. Failure to receive notice of a meeting on the part of any Partner will shall not affect the validity of any act or proceeding of the meeting, so long as a quorum is shall be present at the meeting. Except as otherwise required by applicable law, only matters set out forth in the notice of a meeting may be voted on by the Partners at the a meeting. The presence in person or by proxy of Partners holding a majority of the total number of votes eligible to be cast by all Partners as of the record date will shall constitute a quorum at any meeting of Partnersmeeting. In the absence of a quorum, a meeting may be adjourned to the time or times as determined by the General Partner and communicated without additional notice to the Directors in the manner described above in this Section 3.4(a)Partners. Except as otherwise required by any provision of this Agreement or of the 1940 Act, (1i) those candidates receiving a plurality of the votes cast at any meeting of Partners called pursuant to Section 2.11(c) of this Agreement or elected pursuant to the requirement of Section 2.11(b) will shall be elected as Directors and (2ii) all other actions of the Partners taken at a meeting will shall require the affirmative vote of Partners holding a majority of the total number of votes eligible to be cast by those Partners who are present in person or by proxy at the such meeting.

Appears in 3 contracts

Samples: Agreement (Gam Avalon Multi-Europe Lp), Gam Avalon Multi Technology Lp, Gam Avalon Multi-Global Lp

Meetings of Partners. (a) 8) Actions requiring the vote of the Partners may be taken at any duly constituted meeting of the Partners at which a quorum is present or by means of a written consent. Meetings of the Partners may be called by the General Partner, by the affirmative vote of a majority of Directors then in office, or by Partners holding at least a majority of the total number of votes eligible to be cast by all Partners, and may be held at any time, date and place determined by the General Partner in the case of meetings called by the General Partner or the Partners and at any time, date and place determined by the Directors in the case of meetings called by the Directors. In each case, the General Partner will provide notice of the meeting, stating the date, time and place of the meeting and the record date for the meeting, to each Partner entitled to vote at the meeting within a reasonable time prior to the meeting. Failure to receive notice of a meeting on the part of any Partner will not affect the validity of any act or proceeding of the meeting, so long as a quorum is present at the meeting. Except as otherwise required by applicable law, only matters set out in the notice of a meeting may be voted on by the Partners at the meeting. The presence in person or by proxy of Partners holding a majority of the total number of votes eligible to be cast by all Partners as of the record date will constitute a quorum at any meeting of Partners. In the absence of a quorum, a meeting may be adjourned to the time or times as determined by the General Partner and communicated to the Directors in the manner described above in this Section 3.4(a). Except as otherwise required by any provision of this Agreement or of the 1940 Act, (1) those candidates receiving a plurality of the votes cast at any meeting of Partners called pursuant to Section 2.11(c) of this Agreement or elected pursuant to the requirement of Section 2.11(b) will be elected as Directors and (2) all other actions of the Partners taken at a meeting will require the affirmative vote of Partners holding a majority of the total number of votes eligible to be cast by those Partners who are present in person or by proxy at the meeting.

Appears in 3 contracts

Samples: Agreement (Hatteras Multi-Strategy Institutional Fund, L.P.), Hatteras Multi-Strategy Fund I, L.P., Hatteras Multi-Strategy TEI Institutional Fund, L.P.

Meetings of Partners. (a) Actions requiring the vote of the Partners may be taken at any duly constituted meeting of the Partners at which a quorum is present or by means of a written consent. Meetings of the Partners may be called by the General Partner, by the affirmative vote of a majority of Directors then in office, or by Partners holding at least a majority of the total number of votes eligible to be cast by all Partners, and may be held at any time, date and place determined by the General Partner in the case of meetings called by the General Partner or the Partners and at any time, date and place determined by the Directors in the case of meetings called by the Directors. In each case, the General Partner will provide notice of the meeting, stating the date, time and place of the meeting and the record date for the meeting, to each Partner entitled to vote at the meeting within a reasonable time prior to the meeting. Failure to receive notice of a meeting on the part of any Partner will not affect the validity of any act or proceeding of the meeting, so long as a quorum is present at the meeting. Except as otherwise required by applicable law, only matters set out in the notice of a meeting may be voted on by the Partners at the meeting. The presence in person or by proxy of Partners holding a majority of the total number of votes eligible to be cast by all Partners as of the record date will constitute a quorum at any meeting of Partners. In the absence of a quorum, a meeting may be adjourned to the time or times as determined by the General Partner and communicated to the Directors in the manner described above in this Section 3.4(a). Except as otherwise required by any provision of this Agreement or of the 1940 Act, (1) those candidates receiving a plurality of the votes cast at any meeting of Partners called pursuant to Section 2.11(c2.10(c) of this Agreement or elected pursuant to the requirement of Section 2.11(b2.10(b) will be elected as Directors and (2) all other actions of the Partners taken at a meeting will require the affirmative vote of Partners holding a majority of the total number of votes eligible to be cast by those Partners who are present in person or by proxy at the meeting.

Appears in 3 contracts

Samples: Morgan Stanley Institutional Fund of Hedge Funds II LP, Morgan Stanley Institutional Fund of Hedge Funds II LP, Morgan Stanley Institutional Fund of Hedge Funds Lp

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Meetings of Partners. (a) Actions requiring the vote of the Partners may be taken at any duly constituted meeting of the Partners at which a quorum is present or by means of a written consentpresent. Meetings of the Partners may be called by the Corporate General Partner, by the affirmative vote of a majority of Directors then in office, Individual General Partners or by Partners holding at least a majority 25% or more of the total number of votes eligible to be cast by all Partners, and may shall be held at any time, on such date and at such time and place determined by as the Individual General Partners, or if the Partnership shall have no Individual General Partner, the Corporate General Partner, shall determine. The Corporate General Partner in the case of meetings called by the General Partner or the Partners and at any time, date and place determined by the Directors in the case of meetings called by the Directors. In each case, the General Partner will shall arrange to provide written notice of the meeting, stating the date, time and place of the meeting and the record date for the meetingtherefor, to each Partner entitled to vote at the meeting within a reasonable time prior to the meetingthereto. Failure to receive notice of a meeting on the part of any Partner will shall not affect the validity of any act or proceeding of the meeting, so long as a quorum is shall be present at the meeting. Except as otherwise required by applicable law, only Only matters set out forth in the notice of a meeting may be voted on by the Partners at the a meeting. The presence in person or by proxy of Partners holding a majority of the total number of votes eligible to be cast by all Partners as of the record date will shall constitute a quorum at any meeting of Partnersmeeting. In the absence of a quorum, a any meeting may be adjourned to the such time or times as determined by the General Partner and communicated vote of Partners present in person or by proxy, without additional notice to the Directors in the manner described above in this Section 3.4(a)Partners. Except as otherwise required by any provision of this Agreement or of the 1940 Act, (1i) those candidates receiving a plurality of the votes cast at any meeting of Partners called pursuant to Section 2.11(c) of this Agreement or elected pursuant to the requirement of Section 2.11(b) will shall be elected as Directors Individual General Partners and (2ii) all other actions of the Partners taken at a meeting will shall require the affirmative vote of Partners holding a majority of the total number of votes eligible to be cast by those Partners who are present in person or by proxy at the such meeting.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Levco Put Fund I L P), Limited Partnership Agreement (Levco Zero Coupon Put Fund I Lp)

Meetings of Partners. (a) Actions requiring the vote of the Partners may be taken at any duly constituted meeting of the Partners at which a quorum is present or by means of a written consentpresent. Meetings of the Partners may be called by the General Partner, by the affirmative vote of a majority Board of Directors then in office, or by Partners holding at least a majority 25% or more of the total number of votes eligible to be cast by all Partners, and may be held at any such time, date and place determined by as the General Partner in the case Board of meetings called by the General Partner or the Partners and at any time, date and place determined by the Directors in the case shall determine. The Board of meetings called by the Directors. In each case, the General Partner will Directors shall arrange to provide written notice of the meeting, stating the date, time and place of the meeting and the record date for the meetingtherefor, to each Partner entitled to vote at the meeting within a reasonable time prior to the meetingthereto. Failure to receive notice of a meeting on the part of any Partner will shall not affect the validity of any act or proceeding of the meeting, so long as a quorum is shall be present at the meeting. Except , except as otherwise required by applicable law, only . Only matters set out forth in the notice of a meeting may be voted on by the Partners at the a meeting. The presence in person or by proxy of Partners holding a majority of the total number of votes eligible to be cast by all Partners as of the record date will shall constitute a quorum at any meeting of Partnersmeeting. In the absence of a quorum, a meeting of the Partners may be adjourned by action of a majority of the Partners present in person or by proxy without additional notice to the time or times as determined by the General Partner and communicated to the Directors in the manner described above in this Section 3.4(a)Partners. Except as otherwise required by any provision of this Agreement or of the 1940 Investment Company Act, (1i) those candidates receiving a plurality of the votes cast at any meeting of Partners called pursuant to Section 2.11(c) of this Agreement or elected pursuant to the requirement of Section 2.11(b) will shall be elected as Directors and (2ii) all other actions of the Partners taken at a meeting will shall require the affirmative vote of Partners holding a majority of the total number of votes eligible to be cast by those Partners who are present in person or by proxy at the such meeting.

Appears in 1 contract

Samples: Limited Partnership Agreement (Persimmon Growth Partners Fund Lp)

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