Common use of Polls Clause in Contracts

Polls. 7.1 A poll may be demanded at a meeting by the chairman or by one or more Noteholders present in person or by proxy, entitled to vote and holding or representing in aggregate not less than 10% in principal amount of the Loan Notes then outstanding. 7.2 If at any meeting a poll is demanded it shall, unless the demand is withdrawn, be taken in such manner and either at once or after such adjournment as the chairman may direct (not being more than 30 days after the poll is demanded) and the result of such poll shall be deemed to be the relevant resolution of the meeting at which the poll was demanded. Any poll demanded at any meeting on the election of a chairman or on any question of adjournment shall be taken at the meeting without adjournment. The demand for a poll shall not prevent the continuance of a meeting for the transaction of any business other than in relation to the resolution on which the poll was demanded. In the case of any poll not taken immediately at least 7 days' notice shall be given specifying the time, date and place at which the poll is to be taken. 7.3 The demand for a poll may, before the poll is taken, be withdrawn with the consent of the chairman and a demand so withdrawn shall be taken not to have invalidated the result of any show of hands declared before the demand was made and, if the demand is made before the declaration of the result of a show of hands and the demand is duly withdrawn, the meeting shall continue as if the demand had not been made. 7.4 A poll shall be taken as the chairman may direct and he may appoint scrutineers (who need not be Noteholders) and fix a time, date and place for declaring the result of the poll. The result of the poll shall be deemed to be the relevant resolution of the meeting at which the poll was demanded.

Polls. 7.1 A resolution put to the vote of a general meeting shall be decided on a show of hands unless before or on the declaration of the result of the show of hands a poll is duly demanded. Subject to the Companies Acts, a poll may be demanded at a meeting demanded: by the chairman chair of the meeting; or by one or more Noteholders at least two members present in person or by proxy, entitled proxy and having the right to vote and holding at the meeting; or by any person who, by virtue of being appointed proxy for one or more members having the right to vote at the meeting, holds two or more votes; or by a member or members present in person or by proxy representing in aggregate not less than 10% in principal amount at least one-tenth of the Loan Notes then outstanding. 7.2 If total voting rights of all the members having the right to vote at any meeting the meeting. Unless a poll is duly demanded it shalla declaration by the chair of the meeting that a resolution has been carried or carried unanimously, unless or by a particular majority, or lost, or not carried by a particular majority and an entry to that effect in the minutes of the meeting shall be conclusive evidence of the fact without proof of the number or proportion of the votes recorded in favour of or against the resolution. The demand for a poll may, before the poll is taken, be withdrawn but only with the consent of the chair of the meeting and a demand so withdrawn shall not be taken to have invalidated the result of a show of hands declared before the demand is withdrawn, was made. A poll shall be taken in such manner and either at once or after such adjournment as the chairman chair of the meeting directs and he or she may direct (appoint scrutineers who need not be members and fix a time and place for declaring the result of the poll. The result of the poll shall be deemed to be the resolution of the meeting at which the poll was demanded. A poll demanded on the election of the chair of the meeting or on a question of adjournment shall be taken forthwith. A poll demanded on any other question shall be taken either forthwith or at such time and place as the chair of the meeting directs not being more than 30 days after the poll is demanded) and the result of such poll shall be deemed to be the relevant resolution of the meeting at which the poll was demanded. Any poll demanded at any meeting on the election of a chairman or on any question of adjournment shall be taken at the meeting without adjournment. The demand for a poll shall not prevent the continuance of a meeting for the transaction of any business other than in relation to the resolution question on which the poll was demanded. In the case of any poll not taken immediately at least 7 days' notice shall be given specifying the time, date and place at which the If a poll is to be taken. 7.3 The demand for a poll may, before the poll is taken, be withdrawn with the consent of the chairman and a demand so withdrawn shall be taken not to have invalidated the result of any show of hands declared before the demand was made and, if the demand is made demanded before the declaration of the result of a show of hands and the demand is duly withdrawn, the meeting shall continue as if the demand had not been made. 7.4 A . No notice need be given of a poll shall not taken forthwith if the time and place at which it is to be taken as the chairman may direct and he may appoint scrutineers (who need not be Noteholders) and fix a time, date and place for declaring the result of the poll. The result of the poll shall be deemed to be the relevant resolution of are announced at the meeting at which it is demanded. In any other case at least seven clear days’ notice shall be given specifying the time and place at which the poll was demandedis to be taken.