Common use of Serial Meetings Clause in Contracts

Serial Meetings. (1) If any business to be transacted at a meeting of Debentureholders, or any action to be taken or power to be exercised by instrument in writing under section 13.15, especially affects the rights of the holders of Debentures of one or more series or maturities in a manner or to an extent substantially differing from that in or to which it affects the rights of the holders of Debentures of any other series or maturity (as to which an opinion of counsel shall be binding on all Debentureholders, the Trustee and the Bank for all purposes hereof) then:

Serial Meetings. (1) If any business to be transacted at a meeting of Debentureholders, or any action to be taken or power to be exercised by instrument in writing under section 13.159.15, especially affects the rights of the holders of Debentures of one or more series or maturities in a manner or to an extent substantially differing from that in or to which it affects the rights of the holders of Debentures of any other series or maturity (as to which an opinion of counsel shall be binding on all Debentureholders, the Trustee and the Bank for all purposes hereof) then:

Serial Meetings. (1a) If any business to be transacted at a meeting of DebentureholdersDebenture holders, or any action to be taken or power to be exercised by instrument in writing under section 13.15Section 9.15, especially affects the rights of the holders of Debentures of one or more series or maturities in a manner or to an extent substantially differing from that in or to which it affects the rights of the holders of Debentures of any other series or maturity (as to which an opinion of counsel Counsel delivered to the Trustee shall be binding on all DebentureholdersDebenture holders, the Trustee and the Bank Corporation for all the purposes hereof) ), then:

Serial Meetings. (1) If any business to be transacted at a meeting of Debentureholders, or any action to be taken or power to be exercised by instrument in writing under section 13.15Section 9.15, especially affects the rights of the holders of Debentures of one or more series or maturities in a manner or to an extent substantially differing from that in or to which it affects the rights of the holders of Debentures of any other series or maturity (as to which an opinion of counsel shall be binding on all Debentureholders, the Trustee and the Bank Corporation for all purposes hereof) then:

Serial Meetings. (1) If any business to be transacted at a meeting of Debentureholders, or any action to be taken or power to be exercised by instrument in writing under section 13.15Section 12.15, especially affects the rights of the holders of Debentures Debentureholders of one or more series or maturities in a manner or to an extent substantially differing from that in or to which it affects the rights of the holders of Debentures Debentureholders of any other series or maturity (as to which an opinion of counsel shall be binding on all Debentureholdersseries, the Trustee and the Bank for all purposes hereof) then: