Common use of Notice; Quorum; Actions Taken Clause in Contracts

Notice; Quorum; Actions Taken. (a) The Issuer may at any time call a meeting of the Noteholders, such meeting to be held at such time and at such place as the Issuer shall determine, for the purposes provided in Section 8.02 hereof, or for the purpose of taking action with respect to any Event of Default under Article Five hereof. Notice of any meeting of Noteholders, setting forth the time and place of such meeting, in general terms the action proposed to be taken at such meeting and the record date for determining Holders entitled to take action at such meeting, shall be mailed to the registered address of such Holders not less than 20 nor more than 180 days prior to the date fixed for such meeting. To be entitled to vote at any meeting of Noteholders, a person must be (i) a Holder of one or more Notes on such record date or (ii) a person appointed by an instrument in writing as proxy by the Holder of one or more Notes on such record date. The only persons who shall be entitled to be present or to speak at any meeting of Noteholders shall be the persons entitled to vote at such meeting and their counsel and any representatives of the Issuer or the Trustee and their respective counsel.

Appears in 4 contracts

Samples: Indenture (Corporate Realty Consultants Inc), Corporate Realty Consultants Inc, Corporate Realty Consultants Inc

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Notice; Quorum; Actions Taken. (a) The Issuer may at any time call a meeting of the Noteholders, such meeting to be held at such time and at such place as the Issuer shall determine, for the purposes provided in Section 8.02 hereof, or for the purpose of taking action with respect to any Event of Default under Article Five hereof. Notice of any meeting of Noteholders, setting forth the time and place of such meeting, in general terms the action proposed to be taken at such meeting and the record date for determining Holders entitled to take action at such meeting, shall be mailed to the registered address of such Holders not less than 20 nor more than 180 days prior to the date fixed for such meeting. To be entitled to vote at any meeting of Noteholders, a person must be (i) a Holder of one or more Notes on such record date or (ii) a person appointed by an instrument in writing as proxy by the Holder of one or more Notes on on. such record date. The only persons who ho shall be entitled to be present or to speak at any meeting of Noteholders shall be the persons entitled to vote at such meeting and their counsel and any representatives of the Issuer or the Trustee and their respective counsel.

Appears in 1 contract

Samples: Corporate Realty Consultants Inc

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