Common use of Extraordinary Holders Meeting Clause in Contracts

Extraordinary Holders Meeting. (i) In order for an Extraordinary Holders Meeting which shall resolve upon any of the matters described in paragraphs (a), (b), (h) and (i) of Section 4.4 to be considered validly installed by virtue of a first call, Holders representing 75% (seventy-five percent) or more of the total outstanding CBFIs shall be present at the meeting; provided, that if such quorum is not met and the meeting is held by virtue of a second call or further calls, the meeting shall be validly installed with any such Holders that are present at the meeting. Each such resolution of an Extraordinary Holders Meeting shall be adopted by the favorable vote of the majority of Holders represented in such Extraordinary Holders Meeting, who are entitled to vote with respect to the corresponding resolution.