Common use of Immediate Settlement Clause in Contracts

Immediate Settlement. 7.1 Subject to the provisions of subsection 7.2 below, the Trustee may declare all or any part of the unsettled balance of the Bonds immediately due and payable, and shall be compelled to do so if so required by a special resolution adopted by the general meeting of the Bondholders, all upon the occurrence of one or more of the following:

Appears in 5 contracts

Samples: Share Sale and Purchase Agreement, Elbit Medical Imaging LTD, Elbit Medical Imaging LTD

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