Common use of Quorum; Voting Clause in Contracts

Quorum; Voting. At all meetings of the Trustees, the presence of one-third of the total number of Trustees authorized, but not less than two, shall constitute a quorum for the transaction of business. When a quorum is present at any meeting, a majority of Trustees present may take any action, except when a larger vote is required by this Declaration, the By-Laws or the 1940 Act.

Appears in 20 contracts

Sources: Agreement and Declaration of Trust (Franklin BSP Lending Fund), Declaration and Agreement of Trust (Blue Owl Alternative Credit Fund), Declaration and Agreement of Trust (Blue Owl Alternative Credit Fund)

Quorum; Voting. At all meetings of the Trustees, the presence of one-third a majority of the total number of Trustees authorized, but not less than two, then in office shall constitute a quorum for the transaction of business. When a quorum is present at any meeting, a majority of Trustees present may take any action, except when a larger vote is required by this Declaration, the By-Laws or the 1940 Act.

Appears in 9 contracts

Sources: Agreement and Declaration of Trust (Carlyle AlpInvest Private Markets Secondaries Fund), Second Amended and Restated Agreement and Declaration of Trust (Private Debt & Income Fund), Second Amended and Restated Agreement and Declaration of Trust (Private Debt & Income Fund)

Quorum; Voting. At all meetings of the Trustees, the presence of one-third a majority of the total number of Trustees authorized, but not less than two, authorized shall constitute a quorum for the transaction of business. When a quorum is present at any meeting, a majority of Trustees present may take any action, except when a larger vote is required by this Declaration, the By-Laws or the 1940 Act.

Appears in 6 contracts

Sources: Declaration and Agreement of Trust (TCW Steel City Perpetual Levered Fund LP), Amended and Restated Agreement and Declaration of Trust (TCG Strategic Income Fund), Declaration and Agreement of Trust (Coatue Innovation Fund)

Quorum; Voting. At all meetings of the Trustees, the presence of one-third of the total number of Trustees authorized, but not less than two, shall constitute a quorum for the transaction of business. Except as the Trustees may otherwise determine, one-third of the members of any committee shall constitute a quorum at any committee meeting. When a quorum is present at any meeting, a majority of Trustees (or committee members) present may take any action, except when a larger vote is required by this Declaration, the By-Laws or the 1940 Act.

Appears in 4 contracts

Sources: Trust Agreement (Banner Ridge DSCO Private Markets Fund), Second Amended and Restated Agreement and Declaration of Trust (Blackstone Private Real Estate Credit & Income Fund), Agreement and Declaration of Trust (Blackstone Private Real Estate Credit & Income Fund)

Quorum; Voting. At all meetings of the Trustees, the presence of one-third of the total number of Trustees authorized, but not less than two, shall constitute a quorum for the transaction of business. When a quorum is present at any meeting, a majority of Trustees present may take any action, except when a larger vote is required by this Declaration, the By-Laws laws or the 1940 Act.

Appears in 4 contracts

Sources: Declaration and Agreement of Trust (Lord Abbett Investment Trust), Declaration and Agreement of Trust (Lord Abbett Tax Free Income Trust), Trust Agreement (Lord Abbett Blend Trust)

Quorum; Voting. At all meetings of the Trustees, the presence of one-one- third of the total number of Trustees authorized, but not less than two, shall constitute a quorum for the transaction of business. When a quorum is present at any meeting, a majority of Trustees present may take any action, except when a larger vote is required by this Declaration, the By-Laws or the 1940 Act.

Appears in 2 contracts

Sources: Declaration and Agreement of Trust (First Eagle Tactical Municipal Opportunities Fund), Third Amended and Restated Declaration and Agreement of Trust (First Eagle Real Estate Debt Fund)

Quorum; Voting. At all meetings of the Trustees, the presence of one-third of the total number of Trustees authorized, but not less than two, shall constitute a quorum for the transaction of business. When a quorum is present at any meeting, a majority of Trustees present may take any action, except when a larger vote is required by this Declaration, the By-Laws Bylaws or the 1940 Act.

Appears in 2 contracts

Sources: Declaration and Agreement of Trust (Entoro Gray Swan Fund), Declaration and Agreement of Trust (Entoro Gray Swan Fund)

Quorum; Voting. At all meetings of the Trustees, the presence of one-third of the total number of Trustees authorizedauthorized to vote at such meeting, but not less than twotwo (unless at such time there is only one Trustee), shall constitute a quorum for the transaction of business. When a quorum is present at any meeting, a majority of Trustees present (or the only Trustee if there is one Trustee) may take any action, except when a larger vote is required by this Declaration, the By-Laws or the 1940 Act.

Appears in 2 contracts

Sources: Agreement and Declaration of Trust (PGIM Credit Income Fund), Agreement and Declaration of Trust (PGIM Credit Income Fund)

Quorum; Voting. At all meetings of the Trustees, the presence of one-one third of the total number of Trustees authorized, but not less than two, authorized shall constitute a quorum for the transaction of business. When a quorum is present at any meeting, a majority of Trustees present may take any action, except when a larger vote is required by this Declaration, the By-Laws or the 1940 Act.

Appears in 1 contract

Sources: Second Amended and Restated Declaration and Agreement of Trust (NB Asset-Based Credit Fund)