EXTRAORDINARY RESOLUTION DEFINED Sample Clauses

EXTRAORDINARY RESOLUTION DEFINED. An extraordinary resolution, adopted in accordance with the provisions hereof, shall be binding upon all the debentureholders and upon each and every debentureholder and his respective heirs, executors, administrators, successors and assigns, whether present or absent, and the Trustee (subject to the provisions for its indemnity herein contained) shall be bound to give effect thereto accordingly. The term "extraordinary resolution" when used herein, means (subject to the provisions of Section 15.06 hereof) a resolution adopted at a meeting of the holders of the Debentures then outstanding, duly convened and held in accordance with the provisions herein contained, upon a poll by the affirmative vote of not less than 66-2/3% of the votes given upon such poll. At a serial meeting such resolution must in addition receive the affirmative vote upon a poll of not less than 66-2/3% of the votes given by the holders of each series of Debentures or part thereof especially affected thereby. Save as herein expressly otherwise provided, no action shall be taken at a meeting of the debentureholders which changes any provision of this trust indenture or changes or prejudices the exercise of any right of any debentureholder except by extraordinary resolution as hereinbefore provided or by resolution or written instrument as provided by Section 15.06 hereof.
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Related to EXTRAORDINARY RESOLUTION DEFINED

  • Meaning of Extraordinary Resolution (1) The expression “

  • Powers Exercisable by Extraordinary Resolution In addition to all other powers conferred upon them by any other provisions of this Indenture or by law, the Registered Warrantholders at a meeting shall, subject to the provisions of Section 7.11, have the power exercisable from time to time by Extraordinary Resolution:

  • Change of Control Definition For purposes of this Agreement, a “Change of Control” means either:

  • Additional Definition Section 1.02 of the Credit Agreement is hereby amended to add thereto in alphabetical order the following definition which shall read in full as follows:

  • Quorum; Voting; Decisions At each JRC meeting, (i) the participation of at least [********] members designated by each Party shall constitute a quorum and (ii) all members designated by each Party who participate shall [********] vote on all matters before the JRC at such meeting. All decisions of the JRC shall be made by [********] vote. Alternatively, the JRC may act by written consent signed by at least [********] members designated by each Party. Whenever any action by the JRC is called for hereunder during a time period in which the JRC is not scheduled to meet, the Chairman shall cause the JRC to take the action in the requested time period by calling a special meeting or by circulating a written consent. Representatives of each Party or of its Affiliates who are not members of the JRC (including the Patent Coordinators) may attend JRC meetings as non-voting observers with the consent of the other Party, which shall not be unreasonably withheld, conditioned or delayed. The Parties shall use reasonable efforts to reach consensus on matters properly before the JRC but, to the extent that that the JRC is unable to resolve any such matter, unless otherwise provided in this Agreement, such matter shall be referred to the ESC to be resolved in accordance with Section 2.1.5.

  • Special Definitions For purposes of this Article Fourth, the following definitions shall apply:

  • Additional Definitions The following terms have the meanings given below:

  • Amicable Resolution The Parties mutually desire that friendly collaboration will continue between them. Accordingly, they will try to resolve in an amicable manner all disagreements and misunderstandings connected with their respective rights and obligations under this Lease, including any amendments hereto. In furtherance thereof, in the event of any dispute or disagreement (a “Dispute”) between the Parties in connection with this Lease, then the Dispute, upon written request of either Party, will be referred for resolution to the General Counsels of the Parties, which General Counsels will have ten (10) days to resolve such Dispute.

  • Relation to Indenture Definitions SECTION 1.01 This Supplemental Indenture constitutes an integral part of the Indenture.

  • Plan Definitions Except where the context clearly implies or indicates the contrary, a word, term, or phrase used in the Plan is similarly used in this Agreement.

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