Electronic Consent definition

Electronic Consent has the meaning set out in paragraph 30;

Electronic Consent has the meaning set out in paragraph 19;

Electronic Consent means approval of a resolution given by way of electronic consents communicated through the electronic communications systems of the relevant clearing system(s) in accordance with their operating rules and procedures by or on behalf of the holders of not less than 75 per cent. in nominal amount of the Notes outstanding.

Examples of Electronic Consent in a sentence

• To the fullest extent permitted by law, this Electronic Consent, account statements, notices, legal and rate disclosures for your accounts, updates and changes to this Electronic Consent, or other service agreements and other communications (collectively, “Communications”) from us to you regarding your accounts and related services with us may be provided to you electronically, and you consent and agree to receive all those communications in an electronic form.

• By accepting this Electronic Consent, you also acknowledge and agree that you have read, understand and agree to all the terms of this Electronic Consent, can access the Communications in electronic form, affirmatively consent to the use of electronic signatures and electronic records, and have an active email account.

• You agree not to contest the admissibility or enforceability of our electronically stored copy of this Electronic Consent and any other documents.

• A Written Resolution and/or Electronic Consent will be binding on all Noteholders and holders of Coupons and Talons, whether or not they participated in such Written Resolution and/or Electronic Consent.

• A Written Resolution and/or Electronic Consent shall take effect as an Extraordinary Resolution.

More Definitions of Electronic Consent

Electronic Consent has the meaning set out in paragraph 23;

Electronic Consent has the meaning set out in paragraph 31;

Electronic Consent has the meaning given to it in Schedule 4 (Provisions for Meetings of Noteholders) of the Trust Deed;

Electronic Consent means where the terms of the resolution proposed by the Issuer or the Trustee (as the case may be) have been notified to the Bondholders through the relevant clearing system(s) as provided in sub-paragraphs (i) and/or (ii) below, each of the Issuer and the Trustee shall be entitled to rely upon approval of such resolution given by way of electronic consents communicated through the electronic communications systems of the relevant clearing system(s) to the Principal Paying Agent or another specified agent and/or the Trustee in accordance with their operating rules and procedures by or on behalf of the holders of not less than 75 per cent. in principal amount of the Bonds outstanding (the “Required Proportion”) (“Electronic Consent”) by close of business on the Relevant Date. Any resolution passed in such manner shall be binding on all Bondholders, even if the relevant consent or instruction proves to be defective. None of the Issuer or the Trustee shall be liable or responsible to anyone for such reliance;

Electronic Consent means Electronic Instructions approving the Extraordinary Resolution have been received by the Clearing Systems by or on behalf of Holders of not less than 75 per cent. in aggregate principal amount of the Securities for the time being outstanding by the Electronic Consent Deadline;

Electronic Consent has the meaning set out in paragraph 22;

Electronic Consent means consent given by way of electronic consents communicated through the electronic communications system of the relevant clearing system(s) to the Principal Paying Agent or another specified agent and/or the Trustee in accordance with the operating rules and procedures of the relevant clearing system(s).