Bondholders’ rights Sample Clauses

Bondholders’ rights. (a) If a beneficial owner of a Bond not being registered as a Bondholder wishes to exercise any rights under the Finance Documents, it must obtain proof of ownership of the Bonds, acceptable to the Bond Trustee. (b) A Bondholder (whether registered as such or proven to the Bond Trustee’s satisfaction to be the beneficial owner of the Bond as set out in paragraph (a) above) may issue one or more powers of attorney to third parties to represent it in relation to some or all of the Bonds held or beneficially owned by such Bondholder. The Bond Trustee shall only have to examine the face of a power of attorney or similar evidence of authorisation that has been provided to it pursuant to this Clause 6.3 (Bondholders’ rights) and may assume that it is in full force and effect, unless otherwise is apparent from its face or the Bond Trustee has actual knowledge to the contrary.
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Bondholders’ rights. The Chairperson may, in its sole discretion, decide on accepted evidence of ownership of Voting Bonds. (b) Issuer’s Bonds shall not carry any voting rights. The Chairperson shall determine any question concerning whether any Bonds will be considered Issuer’s Bonds. (c) For the purposes of this Clause 7 (Bondholders’ decisions), a Bondholder that has a Bond registered in the name of a nominee will, in accordance with Clause 6.3 (Bondholders’ rights), be deemed to be the owner of the Bond rather than the nominee. No vote may be cast by any nominee if the Bondholder has presented relevant evidence to the Bond Trustee pursuant to Clause 6.3 (Bondholders’ rights) stating that it is the owner of the Bonds voted for. If the Bondholder has voted directly for any of its nominee registered Bonds, the Bondholder’s votes shall take precedence over votes submitted by the nominee for the same Bonds. (d) Any of the Issuer, the Bond Trustee and any Bondholder has the right to demand a vote by ballot. In case of parity of votes, the Chairperson will have the deciding vote.
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Bondholders’ rights. With the consent of RadStorm, at any time, a vote by the holders of seventy-five percent in value of the issued and outstanding Bonds, plus seventy-five percent of the total number of Bondholders, evidenced by their consent in writing or by a vote at a meeting of Bondholders, may a. vary or abrogate any of the rights conferred on the Bondholders b. direct or authorize the Trustee to exercise any power, right, remedy or authority given to it by this Agreement or the Bonds in any manner specified or to refrain from exercising any such power, right, remedy or authority; c. remove a Trustee d. appoint a replacement Trustee, and e. waive, and direct the Trustee to waive, any default on the part of RadStorm in complying with the provisions of this Trust Agreement or the Bonds, including an Event of Default. Such consent or vote shall be binding on all the Bondholders, each of whom shall, on the request of RadStorm, surrender their bond to RadStorm in order that a memorandum of such variation may be endorsed on it. The Trustee (subject to the provisions for its indemnity, below) shall be bound to give effect accordingly to every such consent or vote.
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Bondholders’ rights. As specifically required by Section 336.025, Florida Statutes, the City and the County hereby agree that this Agreement shall under no circumstances materially or adversely affect the rights of holders of currently outstanding bonds which pledge Six Cent LOGT proceeds and that the amounts distributed to the County and each municipality located therein shall not be reduced below the amount necessary for the payment of principal and interest and reserves for principal and interest as required under the covenants of any existing resolution outstanding on the date of this Agreement of the County or the municipalities located therein adopted expressly in anticipation of the distribution and receipt of the net tax proceeds.
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Bondholders’ rights. For so long as the Convertible Bonds shall exist, the Company shall maintain the rights of the Bondholders under the following conditions. 6.1.1 In the event of an equity transaction affecting the preferential subscription rights of the shareholders the Company shall: (a) first inform the Bondholders of the nature of such equity transaction, the subscription price, the lot of subscription rights and other conditions attached to the securities to be issued and the provisions made by the Company to maintain the rights of the Bondholders. (b) allow Bondholders who opt for the conversion of an irreducible right to subscribe for shares, new convertible bonds, exchangeable bonds, complex securities, warrants, or, generally, securities issued after the exercise by shareholders of a preferential subscription right, in the same proportions and under the same conditions, except with respect to rights enjoyed, only if the Bondholders were shareholders at the time of such issue; consequently, the Extraordinary General Meeting of shareholders which approves the share issue must resolve to approve an additional issue reserved for the Bondholders opting for the conversion. 6.1.2 In the case of a share issue to be subscribed by cash, of new convertible bonds or exchangeable bonds, after suppression of the preferential shareholder subscription right by Extraordinary General Meeting of shareholders, this decision must be approved by a general meeting of the Bondholders. 6.1.3 In the event of a capital increase by means of the incorporation of reserves, profits or issue premiums, the Extraordinary General Meeting of the Shareholders which proceeds with such capital increase must pay into an inaccessible reserve account the required amount, either to proceed with the increase of the par value of shares remitted to the Bondholders subsequently opting for conversion, or else to allocate free shares to these Bondholders under the same conditions, excluding the enjoyment of rights, in a number equal to that which they would have received if they had been shareholders at the time of the principal allocation. 6.1.4 In the case of a distribution of reserves, the General Meeting of Shareholders proceeding with the distribution must pay into an inaccessible reserve account the necessary amount and, as the case may be, keep the securities necessary, in order to remit to Bondholders who subsequently opt for conversion, the amounts or the securities - under reserve of a different enjoyme...
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Bondholders’ rights. (a) If a beneficial owner of a Bond not being registered as a Bondholder wishes to exercise any rights under the Finance Documents, it must obtain proof of ownership of the Bonds, acceptable to the Bond Trustee.
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Bondholders’ rights 
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Bondholders’ rights 
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Related to Bondholders’ rights

  • Owner’s Rights B.1.1 The Owner shall have the right to perform work related to the project and to award contracts in connection with the project that are not part of the Consultant’s responsibilities under the AGREEMENT. The consultant shall notify the Owner in writing if any such independent action will in any way compromise the Consultants’ ability to meet their responsibilities under the AGREEMENT. B.1.2 The Owner reserves the right to approve the consultant’s personnel and to require a replacement satisfactory to the Owner. The Owner reserves the right to have such person replaced if, in the judgment of the Owner, any such person proves unsatisfactory. However, such replacement must fit within the rate/fee structure; in the alternative, the Owner shall have the option for a higher rate person for which the Consultant shall be compensated at the higher rate. B.1.3 The Owner shall have the right to effect the removal of any of the Consultant’s employees at any time during the duration of the AGREEMENT if that employee is deemed not to be of the level of competence or ability required under the AGREEMENT, or said employee is for any reason found to be unsuitable for the work. In such case, the Consultant shall promptly submit the name and qualifications of a replacement for approval by the Owner. B.1.4 The Owner shall have the right to assign the administration of any or all contracts related to this project from the Owner to another State Agency, Authority or Commission at any time during the life of the project. In doing so, the Consultant agrees to continue to perform all contractual work under the AGREEMENT. The Consultant shall make no claim against the Owner in the event of such assignment. B.1.5 The Owner may make changes in the scope of services within the general scope of the AGREEMENT. The Owner may also make changes to the scope of the project which may give rise to changes in the scope of the Consultant services. In such case, the Consultant shall be entitled to an adjustment in fee and in other terms and conditions of the AGREEMENT.

  • LENDER'S RIGHTS Upon default, Lender may declare the entire unpaid principal balance on this Note and all accrued unpaid interest immediately due, and then Borrower will pay that amount.