Common use of Right to Convene Meeting Clause in Contracts

Right to Convene Meeting. The Trustee may at any time and from time to time and shall, on receipt of a Request of MDC or a Holders' Request and upon being indemnified and funded to its reasonable satisfaction by MDC or by the Holders signing such Holders' 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 Beneficial Holders. In the event of the Trustee failing within 30 days after receipt of such request, indemnity and funding to give notice convening such meeting, MDC or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto, Ontario or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Trust Indenture (MDC Partners Inc)

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Right to Convene Meeting. The Trustee or the Company may at any time and from time to time and shall, the Trustee shall on receipt of a Request request of MDC the Company or a Holders' Noteholders’ Request and upon being indemnified and funded to its reasonable satisfaction by MDC the Company or by the Holders signing such Holders' Request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Beneficial Holders. In the event of the Trustee failing within 30 ten days after receipt of any such request, request and such indemnity and funding to give notice convening such a meeting, MDC the Company or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of TorontoVancouver, Ontario or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Note Indenture (Timberwest Forest Corp)

Right to Convene Meeting. The Trustee may at any time and from time to time and shall, shall on receipt of a Request written request of MDC the Company or a Holders' Request and upon being indemnified and funded to its reasonable satisfaction by MDC the Company or by the Holders signing such Holders' Request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Beneficial Holders. In the event of the Trustee failing failing, within 30 seven days after receipt of any such request, Holders’ request and such indemnity and funding funding, to give notice convening such a meeting, MDC the Company or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Calgary, Alberta or Toronto, Ontario Ontario, or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Special Warrant Indenture (Sandspring Resources Ltd.)

Right to Convene Meeting. The Trustee may at any time and from time to time and shall, shall on receipt of a Request written request of MDC the Company or a Holders' Request and upon being indemnified and funded to its reasonable satisfaction by MDC the Company or by the Holders signing such Holders' Request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Beneficial Holders. In the event of the Trustee failing failing, within 30 seven days after receipt of any such request, request and such indemnity and funding funding, to give notice convening such a meeting, MDC the Company or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Vancouver, British Columbia or Toronto, Ontario Ontario, or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Special Warrant Indenture

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Right to Convene Meeting. The Trustee or the Corporation may at any time and from time to time and shall, the Trustee shall on receipt of a Request request of MDC the Corporation or a Holders' Noteholders’ Request and upon being indemnified and funded to its reasonable satisfaction by MDC the Corporation or by the Holders signing such Holders' Request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Beneficial Holders. In the event of the Trustee failing within 30 ten days after receipt of any such request, request and such indemnity and funding to give notice convening such a meeting, MDC the Corporation or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of TorontoCalgary, Ontario or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Note Indenture (Enterra Energy Trust)

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