Class meetings. The provisions of this clause 16 apply with any necessary modifications to meetings and resolutions of Unit Holders of a Class, or a group of Classes.
Class meetings. The provisions of this constitution relating to general meetings apply so far as they are capable of application (with any necessary changes) to a separate meeting of the holders of a class of shares except that:
(a) a quorum is constituted by at least two persons who, between them, hold or represent at least one-third of the issued shares of the class (unless only one person holds all of the shares of the class, in which case that person constitutes a quorum); and
(b) any holder of shares of the class, present in person or by proxy, or attorney or representative, may demand a poll.
Class meetings. If any business to be transacted at a meeting, or any action to be taken or power to be exercised by an instrument in writing under Section 11.15, especially affects the rights relating to a Class of Notes of a particular Series of Notes in a manner or to an extent substantially differing from the manner in or to the extent which it affects the rights relating to another Class of Notes of such particular Series of Notes (as to which the opinion of the Indenture Trustee, relying on the advice of Counsel shall be binding on all Noteholders and all other Persons for all purposes hereof) then:
(1) reference to such fact, indicating the Class of Notes so especially affected, shall be made in the notice of such meeting and the meeting shall be and is herein called a “Class meeting”; and
(2) the holders of the Class of Notes so especially affected shall not be bound by any action taken or power exercised at a meeting or by an instrument in writing under Section 11.15 unless in addition to compliance with the other provisions of this Article Eleven, such action is taken or power exercised by resolution of the holders of such Class of Notes as follows:
(a) at such Class meeting:
(i) there is present a quorum consisting of two or more persons holding either personally or as proxies not less than 25% of the aggregate principal amount of the Notes of such Class of Notes so especially affected (subject to the provisions of this Article as to adjourned meetings); and
(ii) the resolution is by Extraordinary Noteholder Direction; or
(b) if by an instrument in writing, such written instrument is signed in one or more counterparts by the holders of not less than 66-2/3% of the aggregate principal amount then outstanding of the Notes of such Class of Notes.
Class meetings. If there shall be outstanding Deposits which, in the opinion of the Supervisor, are not identical and do not form one single series or class then Deposits which, in the opinion of the Supervisor, are identical in all material respects, except as to interest rate and maturity date, shall be deemed to constitute a separate series or class of Deposits, and the foregoing provisions of this schedule shall have effect, subject to the following modifications;
(a) a resolution which, in the opinion of the Supervisor affects one series or class of Deposits only shall be deemed to have been duly passed if passed at a separate meeting of the holders of the Deposits of that series or class;
(b) a resolution which, in the opinion of the Supervisor, affects all or any two or more series or classes of Deposits and does not give rise to a conflict of interest between the holders of Deposits of any of the series or classes so affected, shall be deemed to have been duly passed if passed at a single separate meeting of the holders of the Deposits of the series or classes so affected;
(c) a resolution which, in the opinion of the Supervisor, affects more than one series or class of Deposits and gives rise, or may give rise, to a conflict of interest between the holders of the Deposits of any of the series or classes so affected, shall be deemed to have been duly passed only if passed at separate meetings of the holders of the Deposits of each series or class so affected; and
(d) to all such meetings the preceding provisions of this schedule shall mutatis mutandis apply as though references therein to Deposits and Holders were references to the Deposits of the series or class in question and to the holders of such Deposits respectively.
Class meetings. The provisions of these Articles relating to general meetings shall apply, mutatis mutandis, to any separate general meeting of the holders of the Shares of a particular class; provided, however, that the requisite quorum at such separate general meeting shall be Shareholder(s) present in person or proxy holding Shares conferring in the aggregate at least a majority of the voting power of the Shares of such class, on an as converted basis.
Class meetings. 35.1 The Directors may, whenever they think fit, convene a meeting of the Shareholders holding a particular Class of Shares.
35.2 Class meetings shall also be convened on the written requisition of any Shareholder or Shareholders who hold Shares which entitle such Shareholder or Shareholders to exercise not less than 10 per cent of the aggregate voting power in respect of such class meeting deposited at the registered office of the Company specifying the objects of the meeting for a date no later than 2 Business Days from the date of deposit of the requisition signed by the requisitionists, and if the Directors do not convene such meeting for a date not later than 4 Business Days after the date of such deposit, the requisitionists themselves may convene the general meeting in the same manner, as nearly as possible, as that in which general meetings may be convened by the Directors, and all reasonable expenses incurred by the requisitionists as a result of the failure of the Directors to convene the general meeting shall be reimbursed to them by the Company.
35.3 The provisions of these Articles with respect to general meetings of the Shareholders and votes of the Shareholders shall apply to Class meetings, mutatis mutandis.
Class meetings. Any meeting of holders of any class of shares may be convened by the Board and the provisions of these Rules with respect to general meetings will be applicable to such meetings of holders of any class of shares, except as specifically provided in these Rules and unless the subject or context requires otherwise.
Class meetings. The provisions of these Articles relating to general meetings shall, as far as applicable, apply in relation to any meeting of any class of member of the Company.
Class meetings. The Trustees shall examine the need to convene class meetings in cases where different interests exist among the Bondholders, according to the circumstances of the case. The Issuer and the Trustees shall act to convene class meetings of the Bondholders according to the provisions of the Securities Law, and the regulations and directives promulgated thereunder.
Class meetings. All provisions of these Articles relating to general meetings of the Company shall, mutatis mutandis, apply to every separate general meeting of the Holders of any class of shares in the capital of the Company, except that:-
