Common use of Call of Meetings Clause in Contracts

Call of Meetings. The Trustee may call at any time a meeting of Holders pursuant to Section 12.01 hereof to be held at any reasonable time and place the Trustee shall determine. Notice of such meeting, setting forth the time, place and generally the subject thereof, shall be mailed by first class mail, postage prepaid, not fewer than fifteen (15) nor more than ninety (90) days prior to the date of the meeting to the Holders at their addresses as they appear on the Register on the fifteenth day preceding such mailing, which fifteenth day preceding the mailing shall be the record date for the meeting. If at any time the Issuer, the Borrower, the Bank or the Holders of at least twenty-five percent (25%) in aggregate principal amount of the Bonds, or if applicable, the affected series of Bonds, then outstanding, shall have requested the Trustee to call a meeting of Holders, by written request setting forth the purpose of the meeting, and the Trustee shall not have mailed the notice of the meeting within twenty (20) days after receipt of the request, then the Issuer, the Borrower, the Bank or the Holders of Bonds in the amount above specified may determine the time and the place of the meeting and may call the meeting to take any action authorized in Section 12.01 hereof by mailing notice thereof as provided above. Any meetings of Holders of Bonds affected by a particular matter shall be valid without notice if the Holders of all Bonds, or if applicable, the affected series of Bonds, then outstanding are present in person or by proxy, or if notice is waived before or after the meeting by the Holders of all Bonds, or if applicable, the affected series of Bonds, outstanding who were not so present at the meeting, and if the Issuer, the Borrower, the Bank and the Trustee are either present by duly authorized representatives or have waived notice, before or after the meeting.

Appears in 2 contracts

Samples: Trust Indenture (Escalade Inc), Loan Agreement (Jameson Inns Inc)

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Call of Meetings. The Trustee may call at any time a meeting of Holders of the Bonds pursuant to Section 12.01 12.1 hereof to be held at any reasonable time and place the Trustee shall determine. Notice of such meeting, setting forth the time, place and generally the subject thereof, shall be mailed by first class mail, postage prepaid, not fewer than fifteen (15) 15 nor more than ninety (90) 90 days prior to the date of the meeting to the Holders at their addresses as they appear on the Register on the fifteenth 15th day preceding such mailing, which fifteenth 15th day preceding the mailing shall be the record date for the meeting. If at At any time the Issuer, the Borrower, the Bank or the Holders of at least twenty-five percent (25%) % in aggregate principal amount of the Bonds, or if applicable, the affected series of Bonds, then outstanding, Outstanding Bonds shall have requested the Trustee to call a meeting of Holders, by written request setting forth the purpose of the meeting, and the Trustee shall not have mailed the notice of the meeting within twenty (20) 20 days after receipt of the request, then the IssuerCorporation or, the Borrowerif it does not do so, the Bank or the Holders of Bonds in the amount above specified may determine the time and the place of the meeting and may call the meeting to take any action authorized in Section 12.01 hereof 12.1 hereof, by mailing notice thereof as provided above, such meeting to be noticed not more than 30 days after receipt of request of the Holders. Any meetings of Holders of Bonds affected by a particular matter shall be valid without notice notice, if the Holders of all Bonds, or if applicable, the affected series of Bonds, then outstanding Outstanding Bonds are present in person or by proxy, or if notice is waived before or after the meeting by the Holders of all Bonds, or if applicable, the affected series of Bonds, outstanding Outstanding Bonds who were not so present at the meeting, and if the IssuerCorporation, the Borrower, the Bank County and the Trustee are either present by duly authorized representatives or have waived notice, before or after the meeting.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Call of Meetings. The Trustee may call at any time a meeting of Holders of the Series 2020 Notes pursuant to Section 12.01 12.1 hereof to be held at any reasonable time and place the Trustee shall determine. Notice of such meeting, setting forth the time, place and generally the subject thereof, shall be mailed by first class mail, postage prepaid, not fewer than fifteen (15) 15 nor more than ninety (90) 90 days prior to the date of the meeting to the Holders at their addresses as they appear on the Register on the fifteenth 15th day preceding such mailing, which fifteenth 15th day preceding the mailing shall be the record date for the meeting. If at At any time the Issuer, the Borrower, the Bank or the Holders of at least twenty-five percent (25%) % in aggregate principal amount of the Bonds, or if applicable, the affected series of Bonds, then outstanding, Outstanding Obligations shall have requested the Trustee to call a meeting of Holders, by written request setting forth the purpose of the meeting, and the Trustee shall not have mailed the notice of the meeting within twenty (20) 20 days after receipt of the request, then the IssuerCorporation or, the Borrowerif it does not do so, the Bank or the Holders of Bonds Obligations in the amount above specified may determine the time and the place of the meeting and may call the meeting to take any action authorized in Section 12.01 hereof 12.1 hereof, by mailing notice thereof as provided above, such meeting to be noticed not more than 30 days after receipt of request of the Holders. Any meetings of Holders of Bonds affected by a particular matter shall be valid without notice notice, if the Holders of all Bonds, or if applicable, the affected series of Bonds, then outstanding Outstanding Obligations are present in person or by proxy, or if notice is waived before or after the meeting by the Holders of all Bonds, or if applicable, the affected series of Bonds, outstanding Outstanding Obligations who were not so present at the meeting, and if the IssuerCorporation, the Borrower, the Bank County and the Trustee are either present by duly authorized representatives or have waived notice, before or after the meeting.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Call of Meetings. The Trustee may call at any time a meeting of Holders of the Series 2015 Bonds pursuant to Section 12.01 12.1 hereof to be held at any reasonable time and place the Trustee shall determine. Notice of such meeting, setting forth the time, place and generally the subject thereof, shall be mailed by first class mail, postage prepaid, not fewer than fifteen (15) 15 nor more than ninety (90) 90 days prior to the date of the meeting to the Holders at their addresses as they appear on the Register on the fifteenth 15th day preceding such mailing, which fifteenth 15th day preceding the mailing shall be the record date for the meeting. If at At any time the Issuer, the Borrower, the Bank or the Holders of at least twenty-five percent (25%) % in aggregate principal amount of the Bonds, or if applicable, the affected series of Bonds, then outstanding, Outstanding Bonds shall have requested the Trustee to call a meeting of Holders, by written request setting forth the purpose of the meeting, and the Trustee shall not have mailed the notice of the meeting within twenty (20) 20 days after receipt of the request, then the IssuerCorporation or, the Borrowerif it does not do so, the Bank or the Holders of Bonds in the amount above specified may determine the time and the place of the meeting and may call the meeting to take any action authorized in Section 12.01 hereof 12.1 hereof, by mailing notice thereof as provided above, such meeting to be noticed not more than 30 days after receipt of request of the Holders. Any meetings of Holders of Bonds affected by a particular matter shall be valid without notice notice, if the Holders of all Bonds, or if applicable, the affected series of Bonds, then outstanding Outstanding Bonds are present in person or by proxy, or if notice is waived before or after the meeting by the Holders of all Bonds, or if applicable, the affected series of Bonds, outstanding Outstanding Bonds who were not so present at the meeting, and if the IssuerCorporation, the Borrower, the Bank City and the Trustee are either present by duly authorized representatives or have waived notice, before or after the meeting.

Appears in 1 contract

Samples: Trust Agreement

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Call of Meetings. The Trustee may call at any time a meeting of Holders pursuant to Section 12.01 hereof to be held at any reasonable time and place the Trustee shall determine. Notice of such meeting, setting forth the time, place and generally the subject thereof, shall be mailed by first class mail, postage prepaid, not fewer than fifteen (15) 15 nor more than ninety (90) 90 days prior to the date of the meeting to the Holders at their addresses as they appear on the Register on the fifteenth day preceding such mailing, which fifteenth day day, preceding the mailing shall be the record date for the meeting. If at any time the Issuertime, the BorrowerLegislative Authority or the board of directors of the Company, the Bank or the Holders of at least twenty-five 25 percent (25%) in aggregate principal amount of the Bonds, or if applicable, the affected series of Bonds, then outstanding, shall have requested the Trustee to call a meeting of Holders, by written request setting forth the purpose of the meeting, and the Trustee shall not have mailed the notice of the meeting within twenty (20) 20 days after receipt of the request, then the Issuer, the Borrower, the Bank Company or the Holders of Bonds in the amount above specified may determine the time and the place of the meeting and may call the meeting to take any action authorized in Section 12.01 hereof 12.01, by mailing notice thereof as provided above. Any meetings of Holders, or the Holders of any series of Bonds affected by a particular matter matter, shall be valid without notice notice, if the Holders of all Bonds, or if applicable, the affected series of Bonds, then outstanding are present in person or by proxy, or if notice is waived before or after the meeting by the Holders of all Bonds, or if applicable, the affected series of Bonds, outstanding who were not so present at the meeting, and if the Issuer, the Borrower, the Bank Company and the Trustee are either present by duly authorized representatives or have waived notice, before or after the meeting.

Appears in 1 contract

Samples: Trust Indenture (Global Water Resources, Inc.)

Call of Meetings. The Trustee may call at any time a meeting of Holders pursuant to Section 12.01 hereof to be held at any reasonable time and place the Trustee shall determine. Notice of such meeting, setting forth the time, place and generally the subject thereof, shall be mailed by first class mail, postage prepaid, not fewer than fifteen (15) nor more than ninety (90) days prior to the date of the meeting to the Holders at their addresses as they appear on the Register on the fifteenth day preceding such mailing, which fifteenth day preceding the mailing shall be the record date for the meeting. If at any time the Issuer, the Borrower, the Bank or the Holders of at least twenty-five percent (25%) in aggregate principal amount of the Bonds, or if applicable, the affected series of Bonds, then outstanding, shall have requested the Trustee to call a meeting of Holders, by written request setting forth the purpose of the meeting, and the Trustee Trustee, after having received indemnity to its satisfaction with respect to its fees and expenses shall not have mailed the notice of the meeting within twenty (20) days after receipt of the request, then the Issuer, the Borrower, the Bank or the Holders of Bonds in the amount above specified making such request may determine the time and the place of the meeting and may call the meeting to take any action authorized in Section 12.01 hereof by mailing notice thereof as provided above. Any meetings of Holders of Bonds affected by a particular matter shall be valid without notice if the Holders of all Bonds, or if applicable, the affected series of Bonds, then outstanding are present in person or by proxy, or if notice is waived in writing before or after the meeting by the Holders of all Bonds, or if applicable, the affected series of Bonds, outstanding who were not so present at the meeting, and if the Issuer, the Borrower, the Bank and the Trustee are either present by duly authorized representatives or have waived notice, before or after the meeting.

Appears in 1 contract

Samples: Reimbursement Agreement (Centerpoint Properties Corp)

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