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No registration with, consent, authorization or approval of or discover to, or different action to, with or by, any Texas governmental or regulatory physique by or on behalf of the Texas Guarantor is required to make legitimate and legally binding the execution and delivery by the Texas Guarantor of the Note Documents to which it's a get together and the efficiency of its obligations thereunder offered that our opinion in this Paragraph 5 is restricted to those laws, law firm citizenship by investment statutes and governmental rules of the State of Texas of basic application to business entities. A QUORUM at any annual or special meeting of stockholders shall consist of stockholders representing, either in person or by proxy, a majority of the excellent capital stock of the corporation, entitled to vote at such meeting, except as otherwise specially provided by law or in the Articles of Incorporatio Whenever the corporation shall be authorised to issue just one class of stock, each outstanding share shall entitle the holder thereof to notice of, law firm visa and the best to vote at, any assembly of stockholders. The annual meeting of shareholders at which administrators are elected shall be held on the primary Monday in November at the registered office of the company, or at such different time or place within or without the State of Texas as could also be designated by the Board of Directors.
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