Quorum of the meeting Sample Clauses

Quorum of the meeting. The presence of the chairman of the Operating Committee or his/her alternate is mandatory in meetings. As long as the provision in paragraph Error: Reference source not found is complied with, meetings of the Operating Committee may be held with any quorum. Voting right in meetings and its influence on the resolutions Each Consortium Member shall be entitled to one (1) vote, exercised by its representative in the Operating Committee. The Contracted Party in default after five (5) days of the default notice issued by the Operator shall lose its voting right in meetings of the Operating Committee. The vote of the Manager’s representative shall be weighted fifty percent (50%) of the decision, and the remaining fifty percent (50%) shall be divided among the other members present at the meeting, in the proportion of each Contracted Party’s Share. If any member of the Operating Committee present at the meeting refrains from resolving upon a certain matter or is in default, its Share shall be divided among the other members present at the meeting, in the proportion of each compliant Contracted Party’s Share. The provisions in paragraph 1.17.1 also apply to the case of refraining from postal voting. Resolutions Proposed resolutions shall be sent by the Operator to the Operating Committee. Any topic that shall be resolved by the Consortium may be raised by the members of the Operating Committee. Information required to resolve upon the topic proposed shall be sent to the other Parties within no less than fifteen (15) days of the date of the meeting. The matters included in the Table of Competences and Resolutions shall be resolved upon according to the quorum of Consortium Members present at the meetings and entitled to vote, except as provided for in paragraph 1.19. Percentages to be achieved so that the matter is approved, within the scope of the Consortium, shall be calculated according to the procedures below. Resolutions for which the column of decisions is checked with “D1” shall have decision percentage equal to ninety-one percent (91%). Resolutions for which the column of decisions is checked with “D2” shall have decision percentage equal to forty-one percent (41%), without participation of the Manager. Resolutions for which the column of decisions is checked with “D3” shall have decision percentage equal to 82.5% (eighty-two integers and five tenths percent). Resolutions for which the column of decisions is checked with “D4” shall have decision percentage ...
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Quorum of the meeting. The presence of the chairman of the Operating Committee or his/her alternate is mandatory in meetings. As long as the provision in paragraph Erro! Fonte de referência não encontrada. is complied with, meetings of the Operating Committee may be held with any quorum. Right to vote in meetings and its influence on the resolutions
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Quorum of the meeting. The presence of the chairman of the Operating Committee or his/her alternate is mandatory in meetings. As long as the provision in paragraph Error: Reference source not found is complied with, meetings of the Operating Committee may be held with any quorum. Voting right in meetings and its influence on the resolutions Each Consortium Member shall be entitled to one (1) vote, exercised by its representative in the Operating Committee. The Contracted Party in default after five (5) days of the default notice issued by the Operator shall lose its voting right in meetings of the Operating Committee. The vote of the Manager’s representative shall be weighted fifty percent (50%) of the decision, and the remaining fifty percent (50%) shall be divided among the other members present at the meeting, in the proportion of each Contracted Party’s Share. If any member of the Operating Committee present at the meeting refrains from resolving upon a certain matter or is in default, its Share shall be divided among the other members present at the meeting, in the proportion of each compliant Contracted Party’s Share. The provisions in paragraph 1.17.1 of this annex also apply to the case of refraining from postal voting.
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Related to Quorum of the meeting

  • Meeting A copy of the decision shall be sent to the grievant, to the grievant’s representative and to UFF if grievant elected self-representation or representation by legal counsel.

  • Meeting of Shareholders 33 5.3 Access to Information....................................................................... 33 5.4 Confidentiality............................................................................. 34 5.5 Public Disclosure........................................................................... 34 5.6

  • Adjournment When a meeting is adjourned to another time or place, notice need not be given of the adjourned meeting and a new Record Date need not be fixed, if the time and place thereof are announced at the meeting at which the adjournment is taken, unless such adjournment shall be for more than 45 days. At the adjourned meeting, the Partnership may transact any business which might have been transacted at the original meeting. If the adjournment is for more than 45 days or if a new Record Date is fixed for the adjourned meeting, a notice of the adjourned meeting shall be given in accordance with this Article XIII.

  • Adjourned Meeting The Chairman may, with the consent of (and shall if directed by) any Meeting, adjourn such Meeting from time to time and from place to place, but no business shall be transacted at any adjourned Meeting except business which might lawfully have been transacted at the Meeting from which the adjournment took place.

  • Quorum 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.

  • Adjournments The chair of a meeting of shareholders may, and if so directed by the meeting must, adjourn the meeting from time to time and from place to place, but no business may be transacted at any adjourned meeting other than the business left unfinished at the meeting from which the adjournment took place.

  • Right to Convene Meeting The Trustee or the Corporation may at any time and from time to time, and the Trustee shall, on receipt of a Written Direction of the Corporation or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Corporation or by the Debentureholders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Vancouver or at such other place as may be approved or determined by the Trustee.

  • Adjourned Meetings A majority of the Managers present at any meeting of the Board of Managers, including an adjourned meeting, whether or not a quorum is present, may adjourn such meeting to another time and place. At least one day’s notice of any adjourned meeting of the Board of Managers shall be given to each Manager whether or not present at the time of the adjournment, if such notice shall be given by one of the means specified in Section 7(f)(vii) hereof other than by mail, or at least three days’ notice if by mail. Any business may be transacted at an adjourned meeting that might have been transacted at the meeting as originally called.

  • Final Meeting The goal of this subtask is to complete the closeout of this Agreement. The Recipient shall: • Meet with Energy Commission staff to present project findings, conclusions, and recommendations. The final meeting must be completed during the closeout of this Agreement. This meeting will be attended by the Recipient and CAM, at a minimum. The meeting may occur in person or by electronic conferencing (e.g., WebEx), with approval of the CAM. The technical and administrative aspects of Agreement closeout will be discussed at the meeting, which may be divided into two separate meetings at the CAM’s discretion. o The technical portion of the meeting will involve the presentation of findings, conclusions, and recommended next steps (if any) for the Agreement. The CAM will determine the appropriate meeting participants. o The administrative portion of the meeting will involve a discussion with the CAM and the CAO of the following Agreement closeout items:  Disposition of any state-owned equipment.  Need to file a Uniform Commercial Code Financing Statement (Form UCC-1) regarding the Energy Commission’s interest in patented technology.  The Energy Commission’s request for specific “generated” data (not already provided in Agreement products).  Need to document the Recipient’s disclosure of “subject inventions” developed under the Agreement.  “Surviving” Agreement provisions such as repayment provisions and confidential products.  Final invoicing and release of retention. • Prepare a Final Meeting Agreement Summary that documents any agreement made between the Recipient and Commission staff during the meeting.

  • Adjourned Meeting; Notice When a meeting is adjourned to another time or place, if any, notice need not be given of the adjourned meeting if the time, place, if any, thereof, and the means of remote communications, if any, by which stockholders and proxy holders may be deemed to be present in person and vote at such adjourned meeting are announced at the meeting at which the adjournment is taken. At any adjourned meeting, the Corporation may transact any business which might have been transacted at the original meeting. If the adjournment is for more than thirty (30) days, a notice of the adjourned meeting shall be given to each stockholder of record entitled to vote at the meeting. If after the adjournment a new record date for determination of stockholders entitled to vote is fixed for the adjourned meeting, the Board shall fix as the record date for determining stockholders entitled to notice of such adjourned meeting the same or an earlier date as that fixed for determination of stockholders entitled to vote at the adjourned meeting, and shall give notice of the adjourned meeting to each stockholder of record as of the record date so fixed for notice of such adjourned meeting.

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