Call of Meetings by Company or Securityholders. In case at any time the Company or the Holders of not less than 50% in aggregate principal amount of the Securities then outstanding shall have requested in writing that the Trustee call a meeting of Securityholders to take any action specified in Section 10.1, and the Trustee shall not have mailed the notice of such meeting within 20 days after receipt of such request, then the Company or the Holders of Securities in the amount above specified may determine the time and place for such meeting and may call such meeting by mailing notice thereof.
Appears in 7 contracts
Samples: Indenture (Transition Auto Finance Iii Inc), Indenture (Transition Auto Finance Ii Inc), Indenture (Transition Auto Finance Ii Inc)
Call of Meetings by Company or Securityholders. In case If at any time the Company Company, pursuant to a Board Resolution, or the Holders of not less than 50% at least 20 percent in aggregate principal amount of the Securities then outstanding Outstanding Securities, shall have requested in writing that the Trustee to call a meeting of Securityholders Holders to take any action specified authorized in Section 10.115.01 hereof, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have mailed the notice of such meeting within 20 days after receipt of such 81 92 request, then the Company or the Holders of Securities in the amount above specified may determine the time and the place in the State of New York for such meeting meeting, and may call such meeting by mailing notice thereofthereof as provided in Section 15.02.
Appears in 2 contracts
Samples: Senior Subordinated Indenture (U S Home Corp /De/), Senior Subordinated Indenture (U S Home Corp /De/)
Call of Meetings by Company or Securityholders. In case at any time the Company pursuant to a resolution of the Board of Directors, or the Holders holders of not less than 50at least 10% in aggregate principal amount of the Securities then outstanding outstanding, shall have requested in writing that the Trustee to call a meeting of Securityholders Securityholders, by written request setting forth in reasonable detail the action proposed to take any action specified in Section 10.1be taken at the meeting, and the Trustee shall not have mailed the notice of such meeting within 20 days after receipt of such request, then the Company or the Holders of Securities in the amount above specified such Securityholders may determine the time and place for such meeting and may call such meeting by mailing notice thereof.the
Appears in 1 contract
Samples: Indenture (Continucare Corp)
Call of Meetings by Company or Securityholders. In case at any time the Company pursuant to a resolution of the Board of Directors, or the Holders holders of not less than 50at least 10% in aggregate principal amount of the Securities then outstanding outstanding, shall have requested in writing that the Trustee to call a meeting of Securityholders Securityholders, by written request setting forth in reasonable detail the action proposed to take any action specified in Section 10.1be taken at the meeting, and the Trustee shall not have mailed the notice of such meeting within 20 days after receipt of such request, then the Company or the Holders of Securities in the amount above specified such Securityholders may determine the time and place for such meeting and may call such meeting by mailing notice thereof.the
Appears in 1 contract
Samples: Indenture (Ml Bancorp Inc)