Common use of When meeting convened Clause in Contracts

When meeting convened. The Deed Administrators: (a) may convene a meeting of Deed Company Creditors to propose a resolution seeking approval of a revised proposal for the Deed Company or the termination of this Deed; or (b) must call a meeting of Deed Company Creditors seeking approval of a revised proposal for the Deed Company or the termination of this Deed, if, at any time after the Commencement Date, the Deed Administrators form the view, acting reasonably, that: (i) it is impossible to carry into effect the transactions contemplated by this Deed, the Group DOCAs or the Restructuring Documents; or (ii) Group DOCAs greater than or equal to 15 per cent. of the Allocated EPM Value attributable to the Group DOCA Companies are terminated.