Common use of Right to Convene Meeting Clause in Contracts

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

Appears in 1 contract

Samples: Indenture (Timberwest Forest Corp)

Right to Convene Meeting. The Trustee or the Corporation may at any time and from time to time and the Trustee shall on receipt of a written request of the Corporation Company or a NoteholdersHolders’ Request and upon being indemnified and funded to its reasonable satisfaction by the Corporation Company or by the Holders 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 Holders. In the event of the Trustee failing failing, within ten seven days after receipt of any such Holders’ request and such indemnity and funding funding, to give notice convening a meeting, the Corporation 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, or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Special (Sandspring Resources Ltd.)

Right to Convene Meeting. The Trustee or the Corporation may at any time and from time to time and the Trustee shall on receipt of a written request of the Corporation Company or a NoteholdersHolders’ Request and upon being indemnified and funded to its reasonable satisfaction by the Corporation Company or by the Holders 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 Holders. In the event of the Trustee failing failing, within ten seven days after receipt of any such request and such indemnity and funding funding, to give notice convening a meeting, the Corporation Company or such Holders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of CalgaryVancouver, British Columbia or Toronto, Ontario, or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: sec.report

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Right to Convene Meeting. The Trustee or the Corporation may at any time and from time to time and the Trustee shall shall, on receipt of a request Request of the Corporation Corporations or a NoteholdersLicenseholders’ Request and upon being indemnified and funded to its reasonable satisfaction by the Corporation Corporations or by the Holders Licenseholders signing such request Licenseholders’ 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 HoldersLicenseholders. In the event of the Trustee failing within ten 30 days after receipt of any such request and such request, indemnity and funding to give notice convening a such meeting, each of the Corporation Corporations or such HoldersLicenseholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Calgary, Alberta or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: NUCRYST Pharmaceuticals Corp.

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