Common use of Quorum; Adjournment; Vote Required for Action Clause in Contracts

Quorum; Adjournment; Vote Required for Action. At any meeting of the Trustees a majority of the Trustees then in office shall constitute a quorum. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. At the adjourned meeting, the Trustees may transact any business which might have been transacted at the original meeting. Except in cases where the Declaration of Trust or these By-Laws otherwise provide, the vote of a majority of the Trustees present at a meeting at which a quorum is present shall be the act of the Trustees.

Appears in 9 contracts

Samples: Merrimac Funds, International Currency Fund, Fundmanager Trust

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Quorum; Adjournment; Vote Required for Action. At any meeting of the Trustees Trustees, a majority of the Trustees then in office shall constitute a quorum. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. At the adjourned meeting, the Trustees may transact any business which might have been transacted at the original meeting. Except in cases where the Declaration of Trust or these By-By- Laws otherwise provide, the vote of a majority of the Trustees present at a meeting at which a quorum is present shall be the act of the Trustees.

Appears in 2 contracts

Samples: Victory Portfolios Iii, Agreement and Declaration of Trust and Principal Office (Usaa Mutual Funds Trust)

Quorum; Adjournment; Vote Required for Action. At any meeting of the Trustees Trustees, a majority of the Trustees then in office shall constitute a quorum. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. At the adjourned meeting, the Trustees may transact any business which might have been transacted at the original meeting. Except in cases where the Declaration of Trust or these By-Laws otherwise provide, the vote of a majority of the Trustees present at a meeting at which a quorum is present shall be the act of the Trustees.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust and Principal Office (Usaa Mutual Funds Trust), Usaa Mutual Funds Trust

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Quorum; Adjournment; Vote Required for Action. At any meeting of the Trustees Trustees, a majority of the Trustees then in office shall constitute a quorum. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without further notice. At the adjourned meeting, the Trustees may transact any business which might have been transacted at the original meeting. Except in cases where the Declaration of Trust or these By-Laws laws otherwise provide, the vote of a majority of the Trustees present at a meeting at which a quorum is present shall be the act of the Trustees.

Appears in 1 contract

Samples: Agreement and Declaration (USAA ETF Trust)

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