Common use of Power to Adjourn Clause in Contracts

Power to Adjourn. The chair of any meeting at which a quorum of the Debentureholders is present may, with the consent of the holders of a majority of the principal amount of the outstanding Debentures represented thereat, adjourn any such meeting and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe (provided that, for so long as a member of the QRC Group and/or WHSP Group are then Debentureholders and are represented in person or by proxy at the meeting, such Debentureholders or their duly appointed proxies must consent to such adjournment).

Appears in 1 contract

Sources: Trust Indenture (NexGen Energy Ltd.)

Power to Adjourn. The chair of any meeting at which a quorum of the Debentureholders is present may, with the consent of the holders of a majority of the principal amount of the outstanding Debentures represented thereat, adjourn any such meeting and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe (provided that, for so long as a member of the QRC MMCAP Group and/or WHSP Group are is then Debentureholders a Debentureholder and are is represented in person or by proxy at the meeting, such Debentureholders a member of the MMCAP Group that is a Debentureholder or their its duly appointed proxies proxy must consent to such adjournment).

Appears in 1 contract

Sources: Trust Indenture (NexGen Energy Ltd.)

Power to Adjourn. β€Œ The chair of any meeting at which a quorum of the Debentureholders is present may, with the consent of the holders of a majority of the principal amount of the outstanding Debentures represented thereat, adjourn any such meeting and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe (provided that, for so long as a member of the QRC Group and/or WHSP Group are then Debentureholders and are represented in person or by proxy at the meeting, such Debentureholders or their duly appointed proxies must consent to such adjournment).

Appears in 1 contract

Sources: Trust Indenture