Common use of The community of Bondholders Clause in Contracts

The community of Bondholders. 18.1 By virtue of holding Bonds, which are governed by this Bond Agreement (which pursuant to Clause 2.1.1 is binding upon all Bondholders), a community exists between the Bondholders, implying, inter alia, that (a) the Bondholders are bound by the terms of this Bond Agreement, (b) the Bond Trustee has power and authority to act on behalf of the Bondholders, (c) the Bond Trustee has, in order to administer the terms of this Bond Agreement, access to the Securities Register to review ownership of Bonds registered in the Securities Register, (d) this Bond Agreement establishes a community between Bondholders meaning that; (i) the Bonds rank pari passu between each other, (ii) the Bondholders may not, based on this Bond Agreement, act directly towards the Issuer and may not themselves institute legal proceedings against the Issuer, provided, however that this provision shall not restrict the Bondholders from exercising any of their individual rights derived from the Bond Agreement. (iii) the Issuer may not, based on this Bond Agreement, act directly towards the Bondholders, (iv) the Bondholders may not cancel the Bondholders’ community, and (v) an individual Bondholder may not resign from the Bondholders’ community.

The community of Bondholders. 18.1 20.1.1 By virtue of holding Bonds, which are governed by this Bond Agreement (which pursuant to Clause 2.1.1 is binding upon all Bondholders), a community exists between the Bondholders, implying, inter alia, that (a) the Bondholders are bound by the terms of this Bond Agreement, (b) the Bond Trustee has power and authority to act on behalf of the Bondholders, (c) the Bond Trustee has, in order to administer administrate the terms of this Bond Agreement, access to the Securities Register to review ownership of Bonds registered in the Securities Register, (d) this Bond Agreement establishes a community between Bondholders meaning that; (i) the Bonds rank pari passu between each other, (ii) the Bondholders may not, based on this Bond Agreement, act directly towards the Issuer and may not themselves institute legal proceedings against the Issuer, provided, however that this provision shall not restrict restricting the Bondholders from exercising any of to exercise their individual rights derived from the Bond Agreement. (iii) the Issuer may not, based on this Bond Agreement, act directly towards the Bondholders, (iv) the Bondholders may not cancel the Bondholders’ ' community, andand that (v) an the individual Bondholder may not resign from the Bondholders’ ' community.

The community of Bondholders. 18.1 By virtue of holding Bonds, which are governed by this Bond Agreement (which pursuant to Clause 2.1.1 is binding upon all Bondholders), a community exists between the Bondholders, implying, inter alia, that (a) the Bondholders are bound by the terms of this Bond Agreement, (b) the Bond Trustee has power and authority to act on behalf of the Bondholders, (c) the Bond Trustee has, in order to administer the terms of this Bond Agreement, access to the Securities Register to review ownership of Bonds registered in the Securities Register, (d) this Bond Agreement establishes a community between Bondholders meaning that; (i) the Bonds rank pari passu between each other, (ii) the Bondholders may not, based on this Bond Agreement, act directly towards the Issuer and may not themselves institute legal proceedings against the Issuer, ; provided, however that this provision shall not restrict the Bondholders from exercising any of their individual rights derived from the Bond Agreement., (iii) the Issuer may not, based on this Bond Agreement, act directly towards the Bondholders, (iv) the Bondholders may not cancel the Bondholders’ community, and (v) an individual Bondholder may not resign from the Bondholders’ community.

The community of Bondholders. 18.1 By virtue of holding Bonds, which are governed by this Bond Agreement (which pursuant to Clause 2.1.1 is binding upon all Bondholders), a community exists between the Bondholders, implying, inter alia, that (a) the Bondholders are bound by the terms of this Bond Agreement, (b) the Bond Trustee has power and authority to act on behalf of the Bondholders, (c) the Bond Trustee has, in order to administer administrate the terms of this Bond Agreement, access to the Securities Register to review ownership of Bonds registered in the Securities Register, (d) this Bond Agreement establishes a community between Bondholders meaning that; (i) the Bonds rank pari passu between each other, (ii) the Bondholders may not, based on this Bond Agreement, act directly towards the Issuer and may not themselves institute legal proceedings against the Issuer, provided, however that this provision shall not restrict restricting the Bondholders from exercising any of to exercise their individual rights derived from the Bond Agreement. (iii) the Issuer may not, based on this Bond Agreement, act directly towards the Bondholders, (iv) the Bondholders may not cancel the Bondholders’ community, andand that (v) an the individual Bondholder may not resign from the Bondholders’ community.

The community of Bondholders. 18.1 By virtue of holding Bonds, which are governed by this Bond Agreement (which pursuant to Clause 2.1.1 is binding upon all Bondholders), a community exists between the Bondholders, implying, inter alia, that (a) the Bondholders are bound by the terms of this Bond Agreement, (b) the Bond Trustee has power and authority to act on behalf of the Bondholders, (c) the Bond Trustee has, in order to administer administrate the terms of this Bond Agreement, access to the Securities Register to review ownership of Bonds registered in the Securities Register, (d) this Bond Agreement establishes a community between Bondholders meaning that; (i) the Bonds rank pari passu between each other, (ii) the Bondholders may not, based on this Bond Agreement, act directly towards the Issuer and may not themselves institute legal proceedings against the Issuer, provided, however that this provision shall not restrict the Bondholders from exercising any of their individual rights derived from the Bond Agreement. (iii) the Issuer may not, based on this Bond Agreement, act directly towards the Bondholders, (iv) the Bondholders may not cancel the Bondholders’ community, and (v) an individual Bondholder may not resign from the Bondholders’ community.

The community of Bondholders. 18.1 By virtue of holding Bonds, which are governed by this Bond Agreement (which pursuant to Clause 2.1.1 is binding upon all Bondholders), a community exists between the Bondholders, implying, inter alia, that; (a) the Bondholders are bound by the terms of this Bond Agreement, (b) the Bond Trustee has power and authority to act on behalf of the Bondholders, (c) the Bond Trustee has, in order to administer manage the terms of this Bond Agreement, access to the Securities Register to review ownership of Bonds registered in the Securities Register, (d) this Bond Agreement establishes a community between among Bondholders meaning that; (i) the Bonds rank pari passu between each other, (ii) the Bondholders may not, based on this Bond Agreement, act directly towards the Issuer and may not themselves institute legal proceedings against the Issuer, provided, however that this provision shall not restrict restricting the Bondholders from exercising any of to exercise their individual rights derived from the Bond Agreement. (iii) the Issuer may not, based on this Bond Agreement, act directly towards the Bondholders, (iv) the Bondholders may not cancel the Bondholders’ community, andand that (v) an the individual Bondholder may not resign from the Bondholders’ community.