MEETING OF NOTEHOLDERS. The provisions contained in the Eighth Schedule shall have effect in the same manner as if herein set forth.
MEETING OF NOTEHOLDERS. Purposes for Which Meetings May be Called. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 13.2 Call of Meetings by Trustee; Generally . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 13.3 Call of Meetings by Trustee; Notice. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 13.4 Meetings, Notice and Entitlement to be Present . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 13.5 Regulations May be Made by Trustee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 13.6 Manner of Voting at Meetings and Record to be Kept. . . . . . . . . . . . . . . . . . . . . . . . . 65 13.7 Evidence of Action by Holders of Specified Percentage of Notes . . . . . . . . . . . . . . . . . . . 65 13.8 Exercise of Right of Trustee or Noteholders May Not be Hindered or Delayed by Call of Meeting of Noteholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66
MEETING OF NOTEHOLDERS. The provisions contained in the Fifth Schedule shall have effect in the same manner as if herein set forth.
MEETING OF NOTEHOLDERS. The provisions contained in the Tenth Schedule shall have effect in the same manner as if herein set forth.
MEETING OF NOTEHOLDERS. 12.1 Purposes for Which Meetings May be Called.......................... 52 12.2 Call of Meetings by Trustee; Generally............................. 52 12.3 Call of Meetings by Trustee; Notice................................ 52 12.4 Meetings, Notice and Entitlement to be Present..................... 53 12.5 Regulations May be Made by Trustee. ............................... 53 12.6 Manner of Voting at Meetings and Record to be Kept................. 54 12.7 Evidence of Action by Holders of Specified Percentage of Notes................................................ 55 12.8 Exercise of Right of Trustee or Noteholders May Not be Hindered or Delayed by Call of Meeting of Noteholders........... 55
MEETING OF NOTEHOLDERS. The Trust Deed contains provisions for convening meetings of Noteholders to consider any matter affecting their interests, including the sanctioning by Extraordinary Resolution (as defined in the Trust Deed) of a modification of any of the Conditions or any provisions of the Trust Deed or any other Transaction Document and give any authority, direction or sanction required to be given by Extraordinary Resolution. For the avoidance of doubt, the VRR Lender will not be entitled to convene, count in the quorum or pass resolutions (including Extraordinary Resolutions (as defined in the Trust Deed)). The Trust Deed provides that, notwithstanding any other provision of the Conditions, the Trust Deed or any other Transaction Documents, no Extraordinary Resolution may authorise or sanction any modification or waiver which relates to a VRR Entrenched Right, unless the VRR Lender has consented in writing to such modification or waiver. The Trustee shall be entitled to request and rely on a written confirmation from the VRR Lender on any matter that relates to a VRR Entrenched Right without further enquiry or liability to any person.
MEETING OF NOTEHOLDERS. Purposes for Which Meetings May be Called. . . . . . . . . . . . . . 63 13.2 Call of Meetings by Trustee; Generally . . . . . . . . . . . . . . . . 64 13.3 Call of Meetings by Trustee; Notice. . . . . . . . . . . . . . . . . . 64 13.4 Meetings, Notice and Entitlement to be Present . . . . . . . . . . . . 64 13.5 Regulations May be Made by Trustee. . . . . . . . . . . . . . . . . . 65 13.6 Manner of Voting at Meetings and Record to be Kept. . . . . . . . . . 66 13.7 Evidence of Action by Holders of Specified Percentage of Notes . .
MEETING OF NOTEHOLDERS. The Agency Agreement contains provisions for convening meetings of Noteholders to consider matters affecting their interests, including the modification of any of these Conditions. Any such modification may be made if sanctioned by an Extraordinary Resolution. The quorum for any meeting convened to consider an Extraordinary Resolution will be persons holding or representing at least 51 per cent. in principal amount of the Notes for the time being outstanding, or at any adjourned meeting two or more persons being or representing Noteholders whatever the principal amount of the Notes held or represented, unless the business of such meeting includes consideration of proposals, inter alia, (i) to modify the maturity of the Notes or the dates on which interest is payable in respect of the Notes, (ii) to reduce or cancel the principal amount of, or interest on, the Notes, (iii) to change the currency of payment of the Notes, or (iv) to modify the provisions concerning the quorum required at any meeting of Noteholders or the majority required to pass an Extraordinary Resolution, in which case the necessary quorum will be two or more persons holding or representing not less than two-thirds, or at any adjourned meeting not less than one third, in principal amount of the Notes for the time being outstanding. Any Extraordinary Resolution duly passed shall be -------------------------------------------------------------------------------- A01019439/1.0/18 Sep 2001 binding on all Noteholders (whether or not they were present at the meeting at which such resolution was passed) and on all Couponholders.
MEETING OF NOTEHOLDERS. The Agency Agreement contains provisions for convening meetings of Noteholders to consider matters relating to the Notes, including the modification of any provision of these Conditions. Any such modification may be made if approved by the Issuer and sanctioned by an Extraordinary Resolution. Such a meeting may be convened by the Issuer and shall be convened by it upon the request in writing of Noteholders holding not less than one-tenth of the aggregate principal amount of the outstanding Notes. The quorum at any meeting convened to vote on an Extraordinary Resolution will be one or more persons holding or representing one more than half of the aggregate principal amount of the outstanding Notes or, at any adjourned meeting, one or more persons being or representing Noteholders whatever the principal amount of the Notes held or represented; provided, however, that certain proposals (including, inter alia, any proposal to change the provisions regarding subordination referred to in Condition 2(b) (Status of the Notes, Subordination and Set-off – Subordination) and any proposal to change any date fixed for payment of interest in respect of the Notes, to reduce the amount of principal, premium or interest payable on any date in respect of the Notes, to alter the method of calculating the amount of any payment in respect of the Notes or the date for any such payment, to change the currency of payments under the Notes or to change the quorum requirements relating to meetings or the majority required to pass an Extraordinary Resolution (each, a “Reserved Matter”)) may only be sanctioned by an Extraordinary Resolution passed at a meeting of Noteholders at which one or more persons holding or representing not less than three-quarters or, at any adjourned meeting, one-quarter of the aggregate principal amount of the outstanding Notes form a quorum. Any Extraordinary Resolution duly passed at any such meeting shall be binding on all the Noteholders, whether present or not. In addition, a resolution in writing signed by or on behalf of all Noteholders who for the time being are entitled to receive notice of a meeting of Noteholders will take effect as if it were an Extraordinary Resolution. Such a resolution in writing may be contained in one document or several documents in the same form, each signed by or on behalf of one or more Noteholders.
MEETING OF NOTEHOLDERS
