Common use of Repeated Bondholders’ Meeting Clause in Contracts

Repeated Bondholders’ Meeting. In the event that less than 2/10 of the Outstanding Loan are represented, a valid decision may not be made at the first Bondholders' meeting at which the matter is discussed. After a new meeting has been summoned and the matter discussed a second time, a valid decision may be made pursuant to the voting rules set forth above; this also applies to cases in which less than 2/10 of the Outstanding Loan are represented.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Repeated Bondholders’ Meeting. In the event that less than 2/10 of the Outstanding Loan are represented, a valid decision may not be made at the first Bondholders' meeting at which the matter is discussed. After a new meeting has been summoned and the matter discussed a second time, a valid decision may be made pursuant to the voting rules set forth above; this also applies to cases in which less than 2/10 of the Outstanding Loan are represented.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Repeated Bondholders’ Meeting. 21.1 In the event that less than 2/10 0 of the Outstanding Loan are represented, a valid decision may not be made at the first Bondholders' meeting at which the matter is discussed. After a new meeting has been summoned and the matter discussed a second time, a valid decision may be made pursuant to the voting rules set forth above; this also applies to cases in which less than 2/10 of the Outstanding Loan are represented.

Appears in 1 contract

Samples: Loan Agreement

Repeated Bondholders’ Meeting. In the event that less than 2/10 of the Outstanding Loan are represented, a valid decision may not be made at the first Bondholders' meeting at which the matter is discussed. After a new meeting has been summoned and the matter discussed a second time, a valid decision may be made pursuant to the voting rules set forth above; this also applies to cases in which less than 2/10 of the Outstanding Loan are represented.

Appears in 1 contract

Samples: Loan Agreement

Repeated Bondholders’ Meeting. 21.1 In the event that less than 2/10 5/10 of the Outstanding Loan are represented, a valid decision may not be made at the first Bondholders' meeting at which the matter is discussed. After a new meeting has been summoned and the matter discussed a second time, a valid decision may be made pursuant to the voting rules set forth above; this also applies to cases in which above even if less than 2/10 5/10 of the Outstanding Loan are represented.

Appears in 1 contract

Samples: Loan Agreement (Subsea 7 S.A.)

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Repeated Bondholders’ Meeting. In the event that less than 2/10 5/10 of the Outstanding Loan are represented, a valid decision may not be made at the first Bondholders' meeting at which the matter is discussed. After a new meeting has been summoned and the matter discussed a second time, a valid decision may be made pursuant to the voting rules set forth above; this also applies to cases in which less than 2/10 5/10 of the Outstanding Loan are represented.

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

Repeated Bondholders’ Meeting. In the event that less than 2/10 of the Outstanding Loan are represented, a valid decision decisions may not be made at the first Bondholders' meeting at which the matter is discussed. After a new meeting has been summoned and the matter discussed a second time, a valid decision may be made pursuant to the voting rules set forth above; this also applies to cases in which less than 2/10 of the Outstanding Loan are is represented.

Appears in 1 contract

Samples: Loan Agreement

Repeated Bondholders’ Meeting. In the event that less than 2/10 of the Outstanding Loan are represented, a valid decision may not be made at the first Bondholders' meeting at which the matter is discussed. After a new meeting has been summoned and the matter discussed a second time, a valid decision may be made pursuant to the voting rules set forth above; this also applies to cases in which less than 2/10 of the Outstanding Loan are represented.

Appears in 1 contract

Samples: Loan Agreement

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