Common use of Right to Convene Meeting Clause in Contracts

Right to Convene Meeting. The Debenture Trustee or the Company may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company or by the Debentureholders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Company or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 2 contracts

Samples: Put Notice (Constellation Software Inc), Put Notice (Constellation Software Inc)

AutoNDA by SimpleDocs

Right to Convene Meeting. The Debenture Trustee or the Company Issuer may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company Issuer or a written request signed by the holders Debentureholders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company Issuer or by the Debentureholders signing such request request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Company Issuer or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 2 contracts

Samples: Trust Indenture (Algonquin Power & Utilities Corp.), Trust Indenture (Algonquin Power & Utilities Corp.)

Right to Convene Meeting. The Debenture Trustee or the Company REIT may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company REIT or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company REIT or by the Debentureholders signing such request request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Company REIT or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Trust Indenture

Right to Convene Meeting. The Debenture Trustee or the Company Corporation may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company Corporation or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company Corporation or by the Debentureholders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Company Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City city of Toronto or at such other place as may be approved or determined by the Debenture TrusteeCorporation.

Appears in 1 contract

Samples: Trust Indenture (Primero Mining Corp)

Right to Convene Meeting. The Debenture Indenture Trustee or the Company Corporation may at any time and from time to time, and the Debenture Indenture Trustee shall, on receipt of a written request of the Company Corporation or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company Corporation or by the Debentureholders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Indenture Trustee failing, failing within 30 days after receipt of any such request and such funding of indemnity, indemnity to give notice convening a meeting, the Company Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto Toronto, Ontario or at such other place as may be approved or determined by the Debenture Indenture Trustee.

Appears in 1 contract

Samples: Trust Indenture

Right to Convene Meeting. The Debenture Trustee or the Company Corporation may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company Corporation or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company Corporation or by the Debentureholders signing such request request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of and indemnity, to give notice convening a meeting, the Company Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Indenture (MDC Partners Inc)

Right to Convene Meeting. The Debenture Trustee or the Company Corporation may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company Corporation or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company Corporation or by the Debentureholders signing such request request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Company Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Trust Indenture (Wi-Lan Inc.)

AutoNDA by SimpleDocs

Right to Convene Meeting. The Debenture Trustee or the Company may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company or by the Debentureholders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of and indemnity, to give notice convening a meeting, the Company or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto Toronto, Ontario or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Trust Indenture (Canadian Satellite Radio Holdings Inc.)

Right to Convene Meeting. The Debenture Trustee or the Company Trust may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company Trust or a written request signed by the holders Debentureholders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company Trust or by the Debentureholders signing such request request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Company Trust or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Algonquin Power Income Fund

Right to Convene Meeting. The Debenture Trustee or the Company Corporation may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company Corporation or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company Corporation or by the Debentureholders signing such request request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Company Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Kirkland Lake Gold Ltd.

Right to Convene Meeting. The Debenture Trustee or the Company Corporation may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Company Corporation or a written request signed by the holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Company Corporation or by the Debentureholders signing such request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Company Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Zarlink Semiconductor Inc

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!