Common use of Repeated VPS Noteholders’ Meeting Clause in Contracts

Repeated VPS Noteholders’ Meeting. (a) Even if the necessary quorum set out in paragraph (d) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is not achieved, the VPS Noteholders’ Meeting shall be held and voting completed for the purpose of recording the voting results in the minutes of the VPS Noteholders’ Meeting. The VPS Trustee or the person who convened the initial VPS Noteholders’ Meeting may, within ten (10) Business Days of that VPS Noteholders’ Meeting, convene a repeated meeting with the same agenda as the first meeting. (a) The provisions and procedures regarding VPS Noteholders’ Meetings as set out in Clause 4.1 (Authority of the VPS Noteholders’ Meeting), Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and Clause 4.3 (Voting rules) shall apply mutatis mutandis to a repeated VPS Noteholders’ Meeting, except that a valid resolution may be passed even though less than 50% of the Voting VPS Notes are represented, unless one of the matters referred to in paragraph 4.1(f) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is to be discussed, in which case at least one third (1/3) of the Voting VPS Notes must be represented at the repeated VPS Noteholders’ Meeting for a quorum to be present. (b) A repeated VPS Noteholders’ Meeting may only be convened once for each original VPS Noteholders’ Meeting. A repeated VPS Noteholders’ Meeting may be convened pursuant to the procedures of a Written Resolution in accordance with Clause 4.5 (Written Resolutions), even if the initial meeting was held pursuant to the procedures of a VPS Noteholders’ Meeting in accordance with Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and vice versa.

Appears in 2 contracts

Samples: VPS Trustee Agreement, VPS Trustee Agreement

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Repeated VPS Noteholders’ Meeting. (a) Even if the necessary quorum set out in paragraph (d4.1(d) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is not achieved, the VPS Noteholders’ Meeting shall be held and voting completed for the purpose of recording the voting results in the minutes of the VPS Noteholders’ Meeting. The VPS Trustee or the person who convened the initial VPS Noteholders’ Meeting may, within ten (10) Business Days of that VPS Noteholders’ Meeting, convene a repeated meeting with the same agenda as the first meeting. (ab) The provisions and procedures regarding VPS Noteholders’ Meetings as set out in Clause 4.1 (Authority of the VPS Noteholders’ Meeting), Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and Clause 4.3 (Voting rules) shall apply mutatis mutandis to a repeated VPS Noteholders’ Meeting, except that a valid resolution may be passed even though less than 50% of the Voting VPS Notes are represented, unless one of the matters referred to in paragraph 4.1(f) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is to be discussed, in which case at least one third (1/3) of the Voting VPS Notes must be represented at the repeated VPS Noteholders’ Meeting for a quorum to be present. A Summons for a repeated VPS Noteholders’ Meeting shall also contain the voting results obtained in the initial VPS Noteholders’ Meeting. (bc) A repeated VPS Noteholders’ Meeting may only be convened once for each original VPS Noteholders’ Meeting. A repeated VPS Noteholders’ Meeting may be convened pursuant to the procedures of a Written Resolution in accordance with Clause 4.5 (Written Resolutions), even if the initial meeting was held pursuant to the procedures of a VPS Noteholders’ Meeting in accordance with Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and vice versa.

Appears in 2 contracts

Samples: VPS Trustee Agreement, VPS Trustee Agreement

Repeated VPS Noteholders’ Meeting. (a) Even if the necessary quorum set out in paragraph (d) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is not achieved, the VPS Noteholders’ Meeting shall be held and voting completed for the purpose of recording the voting results in the minutes of the VPS Noteholders’ Meeting. The VPS Trustee or the person who convened the initial VPS Noteholders’ Meeting may, within ten (10) Business Days of that VPS Noteholders’ Meeting, convene a repeated meeting with the same agenda as the first meeting. (ab) The provisions and procedures regarding VPS Noteholders’ Meetings as set out in Clause 4.1 (Authority of the VPS Noteholders’ Meeting), Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and Clause 4.3 (Voting rules) shall apply mutatis mutandis to a repeated VPS Noteholders’ Meeting, except that a valid resolution may be passed even though less than 50% of the Voting VPS Notes are represented, unless one of the matters referred to in paragraph 4.1(f) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is to be discussed, in which case at least one third (1/3) of the Voting VPS Notes must be represented at the repeated VPS Noteholders’ Meeting for a quorum to be present. (bc) A repeated VPS Noteholders’ Meeting may only be convened once for each original VPS Noteholders’ Meeting. A repeated VPS Noteholders’ Meeting may be convened pursuant to the procedures of a Written Resolution in accordance with Clause 4.5 (Written Resolutions), even if the initial meeting was held pursuant to the procedures of a VPS Noteholders’ Meeting in accordance with Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and vice versa.

Appears in 1 contract

Samples: VPS Trustee Agreement

Repeated VPS Noteholders’ Meeting. (a) Even if the necessary quorum set out in paragraph (d) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is not achieved, the VPS Noteholders’ Meeting shall be held and voting completed for the purpose of recording the voting results in the minutes of the VPS Noteholders’ Meeting. The VPS Trustee or the person who convened the initial VPS Noteholders’ Meeting may, within ten (10) Business Days of that VPS Noteholders’ Meeting, convene a repeated meeting with the same agenda as the first meeting. (ab) The provisions and procedures regarding VPS Noteholders’ Meetings as set out in Clause 4.1 (Authority of the VPS Noteholders’ Meeting), Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and Clause 4.3 (Voting rules) shall apply mutatis mutandis to a repeated VPS Noteholders’ Meeting, except that a valid resolution may be passed even though less than 50% of the Voting VPS Notes are represented, unless one of the matters referred to in paragraph 4.1(f(f) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is to be discussed, in which case at least one third (1/3) of the Voting VPS Notes must be represented at the repeated VPS Noteholders’ Meeting for a quorum to be present. A Summons for a repeated VPS Noteholders’ Meeting shall also contain the voting results obtained in the initial VPS Noteholders’ Meeting. (bc) A repeated VPS Noteholders’ Meeting may only be convened once for each original VPS Noteholders’ Meeting. A repeated VPS Noteholders’ Meeting may be convened pursuant to the procedures of a Written Resolution in accordance with Clause 4.5 (Written Resolutions), even if the initial meeting was held pursuant to the procedures of a VPS Noteholders’ Meeting in accordance with Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and vice versa.

Appears in 1 contract

Samples: VPS Trustee Agreement

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Repeated VPS Noteholders’ Meeting. (a) Even if the necessary quorum set out in paragraph (d) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is not achieved, the VPS Noteholders’ Meeting shall be held and voting completed for the purpose of recording the voting results in the minutes of the VPS Noteholders’ Meeting. The VPS Trustee or the person who convened the initial VPS Noteholders’ Meeting may, within ten (10) Business Days of that VPS Noteholders’ Meeting, convene a repeated meeting with the same agenda as the first meeting. (ab) The provisions and procedures regarding VPS Noteholders’ Meetings as set out in Clause 4.1 (Authority of the VPS Noteholders’ Meeting), Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and Clause 4.3 (Voting rules) shall apply mutatis mutandis to a repeated VPS Noteholders’ Meeting, except that a valid resolution may be passed even though less than 50% of the Voting VPS Notes are represented, unless one of the matters referred to in paragraph 4.1(f(f) of Clause 4.1 (Authority of the VPS Noteholders’ Meeting) is to be discussed, in which case at least one third (1/3) of the Voting VPS Notes must be represented at the repeated VPS Noteholders’ Meeting for a quorum to be present. A Summons for a repeated VPS Noteholders’ Meeting shall also contain the voting results obtained in the initial VPS Noteholders’ Meeting. (bc) A repeated VPS Noteholders’ Meeting may only be convened once for each original VPS Noteholders’ Meeting. A repeated VPS Noteholders’ Meeting may be convened pursuant to the procedures of a Written Resolution in accordance with Clause 4.5 (Written Resolutions), even if the initial meeting was held pursuant to the procedures of a VPS Noteholders’ Meeting in accordance with Clause 4.2 (Procedure for arranging a VPS Noteholders’ Meeting) and vice versa.

Appears in 1 contract

Samples: VPS Trustee Agreement

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