Common use of Demand for Poll Clause in Contracts

Demand for Poll. AT any meeting of Noteholders unless (before or on the declaration of the result of the show of hands) a poll is demanded by the Chairman or by one or more Noteholders present in person or by proxy and holding or representing in the aggregate not less than one-twentieth in nominal value of the Notes then outstanding a declaration by the Chairman that a resolution has been carried or carried by a particular majority or lost or not carried by any particular majority shall be conclusive evidence of the fact.

Appears in 2 contracts

Samples: Convertible Loan Notes Agreement (Fuel Tech, Inc.), Convertible Loan Notes Agreement (Fuel Tech, Inc.)

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Demand for Poll. AT At any meeting of Noteholders Noteholders, unless (before or on the declaration of the result of the show of hands) a poll is demanded by the Chairman or by one or more Noteholders present in person or by proxy and holding or representing in the aggregate not less than one-twentieth tenth in nominal value of the Notes then outstanding outstanding, a declaration by the Chairman that a resolution has been carried or carried by a particular majority or lost or not carried by any a particular majority shall be conclusive evidence of the fact.

Appears in 1 contract

Samples: Floating Rate Guaranteed Unsecured Loan Notes (J.P. Morgan International Finance LTD)

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Demand for Poll. AT At any meeting of Noteholders Noteholders, unless (before or on the declaration of the result of the show of hands) a poll is demanded by the Chairman or by one or more Noteholders present in person or by proxy and holding or representing in the aggregate not less than one-twentieth in nominal value of the Notes then outstanding proxy, a declaration by the Chairman that a resolution has been carried or carried by a particular majority or lost or not carried by any particular majority shall be conclusive evidence of the fact.

Appears in 1 contract

Samples: Loan Note Instrument and Agreement

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