Common use of Meetings of Holders; Modification and Waiver Clause in Contracts

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the request of the Holders of at least five percent in aggregate principal amount of the Step-Up Notes at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes to be made, given or taken by such Holders. With respect to all matters not contemplated in the 10-Year Notes Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Oficial de la Republica (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Second Supplemental Indenture (Multicanal Sa)

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Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the written request of the Holders of at least five percent 5% in aggregate principal amount of the Step-Up Notes of any Class at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders of such class at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes to be made, given or taken by such Holdersthe Holders pursuant to Section 14 of the Negotiable Obligations Law and the provisions of this Indenture. With respect to all matters not contemplated in the 10-Year Notes Indenture, The meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations LawAires; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunicationtelecommunication (in compliance with CNV requirements as determined by the party calling the meeting) which allows the participants to hear and to speak to each other. Meetings In any case, meetings shall be held at such time and at such place in any such city as the Company or the Trustee shall determine in such citiesdetermine. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 twenty-one (21) days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published given not less than ten twenty (20) days nor more than 30 forty five (45) days prior to the date fixed for the meeting in the Boletin Oficial de la Republica Argentina (the Official Gazette of the Republic of Argentina) and, while there are Holders domiciled in Argentina), in a widely distributed newspaper having major circulation in Argentina and any in the manner provided in Condition 17 of the Terms and Conditions. Any publication of such notice thereof shall be for five consecutive Business Days business days in each place of publication. To be entitled to vote at any meeting of Holders a Person shall be (i) a Holder of one or more Notes as of the record date set for such meeting or if no such record date shall have been so determined, as of the date of the meeting or (ii) a Person appointed by an instrument in writing as a proxy by such Holder. The only Persons who shall be entitled to be present or speak at any meeting of Holders shall be the Persons entitled to vote for on or behalf of the Holders of Notes at such meeting and their representatives and counsel and any representative of the Company and its counsel. With respect to all other matters not contemplated in this Indenture, meetings of Holders shall be held in accordance with the Negotiable Obligations Law.

Appears in 1 contract

Samples: Grupo Financiero Galicia Sa

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the written request of the Holders of at least five percent in aggregate principal amount of the Step7-Up Year Notes at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders of the 7-Year Notes at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step7-Up Year Notes to be made, given or taken by such Holders. With respect to all matters not contemplated in the 107-Year Notes Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Oficial de la Republica (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and in accordance with Section 12.4 of the Indenture and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Second Supplemental Indenture (Multicanal Sa)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the request of the Holders of at least five percent in aggregate principal amount of the Step-Up Notes Debt Securities of any series at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders of Debt Securities of such series at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes Debt Securities of such series to be made, given or taken by such Holders. With respect to all matters not contemplated in the 10-Year Notes this Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Boletín Oficial de la Republica República (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and in accordance with Section 12.4 hereof and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Indenture (Multicanal Sa)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the written request of the Holders of at least five percent in aggregate principal amount of the Step7-Up Year Notes at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step7-Up Year Notes to be made, given or taken by such Holders. With respect to all matters not contemplated in the 107-Year Notes Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Boletín Oficial de la Republica República (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Indenture (Multicanal Sa)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the request of the Holders of at least five percent in aggregate principal amount of the Step-Up Notes Debt Securities of any series at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes this Debt Security to be made, given or taken by such Holders. With respect to all matters not contemplated in the 10-Year Notes Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Boletín Oficial de la Republica República (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Indenture (Multicanal Sa)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the request of the Holders of at least five percent in aggregate principal amount of the Step-Up Notes at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes to be made, given or taken by such Holders. With respect to all matters not contemplated in the 10-Year Notes Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Boletín Oficial de la Republica República (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Indenture (Multicanal Sa)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the request of the Holders of at least five percent in aggregate principal amount of the Step-Up Notes Debt Securities of any series at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders of Debt Securities of such series at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes Debt Securities of such series to be made, given or taken by such Holders. With respect to all matters not contemplated in the 10-Year Notes this Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Oficial de la Republica (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and in accordance with Section 12.4 hereof and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Second Supplemental Indenture (Multicanal Sa)

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Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the request of the Holders holders of at least five (5) percent in aggregate principal amount of the Step-Up Notes Securities of any series at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes Securities of such series to be made, given or taken by such the Holders. With respect to all matters (whether or not contemplated in the 10-Year Notes this Indenture), meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 forty (40) days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders of the Securities of any series (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published given not less than ten (10) days nor more than 30 thirty (30) days prior to the date fixed for the meeting in the Boletin Oficial de la Republica (the Official Gazette of Argentina) and, while there are Holders domiciled Argentina and in Argentina, in a newspaper having major circulation in Argentina accordance with Section 12.4 hereof and any publication of such notice shall be for five consecutive Business Days Argentine business days in each place of publication.

Appears in 1 contract

Samples: Indenture (Telefonica of Argentina Inc)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the written request of the Holders of at least five percent in aggregate principal amount of the Step7-Up Year Notes at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step7-Up Year Notes to be made, given or taken by such Holders. With respect to all matters not contemplated in the 107-Year Notes Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Oficial de la Republica (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Second Supplemental Indenture (Multicanal Sa)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the request of the Holders of at least five percent in aggregate principal amount of the Step-Up Notes Debt Securities of any series at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes this Debt Security to be made, given or taken by such Holders. With respect to all matters not contemplated in the 10-Year Notes Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Oficial de la Republica (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Second Supplemental Indenture (Multicanal Sa)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the written request of the Holders of at least five percent in aggregate principal amount of the Step7-Up Year Notes at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders of the 7-Year Notes at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step7-Up Year Notes to be made, given or taken by such Holders. With respect to all matters not contemplated in the 107-Year Notes Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law; provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunication. Meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published not less than ten days nor more than 30 days prior to the date fixed for the meeting in the Boletin Boletín Oficial de la Republica República (the Official Gazette of Argentina) and, while there are Holders domiciled in Argentina, in a newspaper having major circulation in Argentina and in accordance with Section 12.4 of the Indenture and any publication of such notice shall be for five consecutive Business Days in each place of publication.

Appears in 1 contract

Samples: Indenture (Multicanal Sa)

Meetings of Holders; Modification and Waiver. (a) The Trustee or the Company shall, upon the request of the Holders holders of at least five (5) percent in aggregate principal amount of the Step-Up Notes Securities of any series at the time Outstanding, or the Company or the Trustee at its discretion, may, call a meeting of the Holders at any time and from time to time, to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action provided by the Step-Up Notes Securities of such series to be made, given or taken by such the Holders. With respect to all matters not contemplated in the 10-Year Notes this Indenture, meetings of Holders will be held in Buenos Aires in accordance with the Negotiable Obligations Law); provided, however, that the Company or the Trustee may determine to hold any such meetings simultaneously in Buenos Aires and in The City of New York by any means of telecommunicationtelecommunication which permits the participants to hear and to speak to each other. Meetings In any such case, meetings shall be held at such time and at such place as the Company or the Trustee shall determine in such cities. If a meeting is being held pursuant to a request of Holders, the agenda for the meeting shall be as determined in the request and such meeting shall be convened within 40 forty (40) days from the date such request is received by the Trustee or the Company, as the case may be. Notice of any meeting of Holders of the Securities of any series (which shall include the date, place and time of the meeting, the agenda therefor and the requirements to attend) shall be published given not less than ten (10) days nor more than 30 thirty (30) days prior to the date fixed for the meeting in the Boletin Oficial de la Republica (the Official Gazette of Argentina) and, while there are Holders domiciled Argentina and in Argentina, in a newspaper having major circulation in Argentina accordance with Section 12.4 hereof and any publication of such notice shall be for five consecutive Business Days Argentine business days in each place of publication.

Appears in 1 contract

Samples: Telefonica of Argentina Inc

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