Common use of RESOLUTION BINDS ALL HOLDERS Clause in Contracts

RESOLUTION BINDS ALL HOLDERS. 10.1 Binding nature Subject to paragraph 10.2 below, any Resolution passed at a meeting of holders of Covered Bonds duly convened and held in accordance with this Agreement shall be binding upon all holders of Covered Bonds of such Series, whether or not such holders are present at such meeting and whether or not such holders are voting at that meeting.

Appears in 2 contracts

Samples: Common Representative Appointment Agreement, Common Representative Appointment Agreement

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RESOLUTION BINDS ALL HOLDERS. 10.1 Binding nature nature: Subject to paragraph 10.2 below, any Resolution passed at a meeting of holders of Covered Bonds duly convened and held in accordance with this Agreement shall be binding upon all holders of Covered Bonds (if applicable) of such Series, whether or not such holders are present at such meeting and whether or not such holders are voting at that meeting.

Appears in 1 contract

Samples: Common Representative Appointment Agreement

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RESOLUTION BINDS ALL HOLDERS. 10.1 Binding nature 10.1Binding nature: Subject to paragraph 10.2 below, any Resolution passed at a meeting of holders of Covered Bonds duly convened and held in accordance with this Agreement shall be binding upon all holders of Covered Bonds (if applicable) of such Series, whether or not such holders are present at such meeting and whether or not such holders are voting at that meeting.

Appears in 1 contract

Samples: Common Representative Appointment Agreement

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