Common use of Purpose, Effect and Convention of Meetings Clause in Contracts

Purpose, Effect and Convention of Meetings. Subject to Sections 7.1, 7.2 and 7.3, wherever in this Indenture a consent, waiver, notice, authorization or resolution of the Holders is required, a meeting may be convened in accordance with this Article 11 to consider and resolve whether such consent, waiver, notice, authorization or resolution should be approved by such Holders. The Trustees may at any time and from time to time convene a meeting of Holders, and the Trustees shall convene a meeting of Holders upon receipt of a request of the Issuer or a Holders’ Request and upon being funded and indemnified to its reasonable satisfaction by the Issuer or by the Holders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting. If the Trustees fail within 30 days after receipt of any such request and such indemnity to give notice convening a meeting, the Issuer or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in Montreal, Québec, or at such other place as may be approved or determined by the Trustees, the Issuer or the Holders as convened in accordance with this Section 11.1.

Appears in 2 contracts

Samples: Supplemental Indenture (Wall2wall Media Inc.), Supplemental Indenture (Wall2wall Media Inc.)

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Purpose, Effect and Convention of Meetings. Subject to Sections 7.110.1, 7.2 10.2 and 7.310.3, wherever in this Indenture a consent, waiver, notice, authorization or resolution of the Holders is required, a meeting may be convened in accordance with this Article 11 13 to consider and resolve whether such consent, waiver, notice, authorization or resolution should be approved by such Holders. The Debenture Trustees may at any time and from time to time convene a meeting of Holders, and the Debenture Trustees shall convene a meeting of Holders upon receipt of a request of the Issuer or a Holders’ Request and upon being funded and indemnified to its reasonable satisfaction by the Issuer or by the Holders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting. If the Debenture Trustees fail within 30 days after receipt of any such request and such indemnity to give notice convening a meeting, the Issuer or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in Montreal, Québec, or at such other place as may be approved or determined by the Debenture Trustees, the Issuer or the Holders as convened in accordance with this Section 11.113.1.

Appears in 2 contracts

Samples: Supplemental Indenture (Wall2wall Media Inc.), Supplemental Indenture (Wall2wall Media Inc.)

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Purpose, Effect and Convention of Meetings. Subject A meeting of Holders of relevant Outstanding Securities may be convened pursuant to Sections 7.1this Article Nine to make, 7.2 and 7.3give or take any request, wherever in this Indenture a consentdemand, waiverauthorization, direction, notice, authorization consent, waiver or resolution other action of the Holders is requiredof Securities provided or permitted by this Indenture, including for the passing of a meeting may be convened in accordance with this Article 11 to consider and resolve whether such consent, waiver, notice, authorization or resolution should be approved by such as a Holders’ Resolution. The Trustees Trustee may at any time and from time to time convene a meeting of Holders, and the Trustees Trustee shall convene a meeting of Holders upon receipt of a request of the Issuer Company or a Holders' Request and upon being funded and indemnified to its reasonable satisfaction by the Issuer Company or by the Holders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting. If the Trustees fail Trustee fails within 30 days after receipt of any such request and such indemnity to give notice convening a meeting, the Issuer Company or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in Montreal, Québec, or at such other place as may be approved or determined by the TrusteesTrustee, the Issuer Company or the Holders as convened in accordance with this Section 11.19.01.

Appears in 1 contract

Samples: Indenture (Canadian National Railway Co)

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