Electronic Resolution definition

Electronic Resolution means any Resolution of the Noteholders passed by way of consent given by way of electronic consents through the relevant clearing system(s) (in a form satisfactory to the Trustee), as described in Condition 14 (Meetings of Noteholders, Modification, Waiver and Substitution) and as further described in, and as defined in, the Trust Deed.
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Electronic Resolution means a resolution which is 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 relevant Noteholders. Noteholders Meeting provisions: ...........................Notice period: 21 clear days for an initial meeting. Quorum: One or more persons holding orrepresenting in aggregate a majority of the Principal Amount Outstanding of the relevant Class or Classes of Notes outstanding for the initial meeting (other than in respect of a Reserved Matter (which must be proposed separately to each Class of Noteholders at separate meetings, except where the Trustee determines, in its absolutediscretion, that only certain Classes of Noteholders are affected, in which case the resolution must be proposed separately to each relevant affected Class ofNoteholders), which requires one or more persons holding or representing in the aggregate not less than 75 per cent. of the Principal Amount Outstanding of the relevant Class or Classes of Notes then outstanding).14 clear days for an adjourned meeting. At an adjourned meeting one or more persons being or representing not less than in aggregate 25 per cent. of the Principal Amount Outstanding of the relevant Class or Classes of Notes then outstanding for the adjourned meeting (other than in respect of a Reserved Matter (which must be proposed separately to each Class of Noteholders at separate meetings, except where the Trustee determines, in its absolutediscretion, that only certain Classes of Noteholders are affected, in which case the resolution must be proposed separately to each relevant affected Class ofNoteholders), which requires one or more persons holding or representing not less than in aggregate 50 per cent. of the Principal Amount Outstanding of the relevant Class or Classes of Notes then outstanding). Required majority for Extraordinary Resolution:Not less than 75 per cent. of votes cast.Not less than 75 per cent. of votes cast. Written Resolution: 100 per cent. of the Principal Amount Outstanding of the relevant Classof Notes then outstanding. A resolution in writing signed by or on behalf of all holders of Notes of the relevant Class for the time being outstanding, whether contained in one document or several documents in the same form, each signed by or on behalf of one or more suchholders of the Notes (a "Written Resolution") has the same effect as an Extra...
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Examples of Electronic Resolution in a sentence

  • This means that a lower percentage of Noteholders may pass a Resolution which is put to a meeting of Noteholders than would be required for a Written Resolution or Electronic Resolution in respect of the same matter.

  • Such quorum provisions still, however, require considerably lower thresholds than would be required for a Written Resolution or Electronic Resolution.

  • The first is for the Electronic Resolution of Cross-Border E-Commerce Consumer Disputes, the second is on the Alternative Settlement of Disputes for Consumer Payment Card Claims, the third is on Small Claims, and the fourth is on Government Redress, Including Across Borders, contained in document CP/CAJP-2652/08 add.

  • The Trustee shall be entitled to rely on any direction, request or resolution of Bondholders given by Bondholders holding the requisite principal amount of Bonds outstanding or passed at a meeting of Bondholders convened and held in accordance with the Trust Deed or by way of Written Resolution or Electronic Resolution (as defined in the Trust Deed).

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  • This means that a lower percentage of Noteholders may pass a Resolution which is put to a meeting of Noteholders than would be required for a Written Resolution or Electronic Resolution in respect of the same matter.There are, however, quorum provisions which provide that a minimum number of Noteholders representing a minimum amount of the aggregate Principal Amount Outstanding of the applicable Class or Classes of Notes be present at any meeting to consider a Resolution.

  • Review Electronic Resolution for Bank Signers • Electronic Resolution for bank signers is required via Resolution due to changes with General Manager.

  • Such quorum provisions still, however, require considerably lower thresholds than would be required for a Written Resolution or an Electronic Resolution.

  • The first is for the Electronic Resolution of Cross-Border E- Commerce Consumer Disputes, the second is on the Alternative Settlement of Disputes for Consumer Payment Card Claims, the third is on Small Claims, and the fourth is on Government Redress, Including Across Borders, contained in document CP/CAJP-2652/08 add.

  • The Trustee, the Agents, the LC Proceeds Account Bank and the Pre-funding Account Bank shall be entitled to rely on any direction, request or resolution of Bondholders given by holders of the requisite principal amount of Bonds outstanding or passed at a meeting of Bondholders convened and held in accordance with the Trust Deed (or by way of written resolution or Electronic Resolution).

Related to Electronic Resolution

  • Electronic voting system means a secured voting system based process of display of electronic ballots, recording of votes of the Members and the number of votes polled in favour or against, in such a manner that the entire voting exercised by way of electronic means gets registered and counted in an electronic registry in a centralized server with adequate cyber security.

  • Electronic agent means a computer program or an electronic or other automated means used independently to initiate an action or respond to electronic records or performances in whole or in part, without review or action by an individual.

  • Electronic Notice shall be deemed written notice for purposes of this Section 13 if sent to the electronic mail address specified by the receiving party under separate cover. Electronic Notice shall be deemed received at the time the party sending Electronic Notice receives verification of receipt by the receiving party. Any party receiving Electronic Notice may request and shall be entitled to receive the notice on paper, in a nonelectronic form (“Nonelectronic Notice”) which shall be sent to the requesting party within ten (10) days of receipt of the written request for Nonelectronic Notice.

  • Electronic recording A mortgage or a mortgage-related document created, generated, sent, communicated, received, or stored by electronic means (that complies with the requirements of the Electronic Signatures in Global and National Commerce Act or the Uniform Electronic Transactions Act, as applicable) that has been accepted for recording by a participating county land records office which accepts such electronic record of a mortgage or a mortgage-related document as an alternative to recordation of the original paper form of such document.

  • Informal resolution means options for resolving a formal complaint that do not involve a full investigation and adjudication. Informal resolution may encompass a broad range of conflict resolution strategies, including mediation or restorative justice.

  • Electronic Record and “Electronic Signature” shall have the meanings assigned to them, respectively, by 15 USC §7006, as it may be amended from time to time.

  • Electronic filing means a document that is filed under securities legislation or securities directions in electronic format or the act of filing a document under securities legislation or securities directions in electronic format, as the context indicates;

  • Electronic Transmission means each document, instruction, authorization, file, information and any other communication transmitted, posted or otherwise made or communicated by e-mail or E-Fax, or otherwise to or from an E-System or other equivalent service.

  • Electronic Bonding is a real-time and secure electronic exchange of data between information systems in separate companies. Electronic Bonding allows electronic access to services which have traditionally been handled through manual means. The heart of Electronic Bonding is strict adherence to both International and National standards. These standards define the communication and data protocols allowing all organizations in the world to exchange information.

  • electronic auction means an iterative process that involves the use of electronic means for the presentation by suppliers of either new prices, or new values for quantifiable non-price elements of the tender related to the evaluation criteria, or both, resulting in a ranking or re-ranking of tenders;

  • Electronic act means the creation or transmission originated on or off the schoolsite, by means of an electronic device, including, but not limited to, a telephone, wireless telephone, or other wireless communication device, computer, or pager, of a communication, including, but not limited to, any of the following:

  • Electronic Ticket means the Itinerary/Receipt issued by us or on our behalf, the Electronic Coupons and, if applicable, a boarding document.

  • Electronic seal means data in electronic form, which is attached to or logically associated with other data in electronic form to ensure the latter’s origin and integrity;

  • Electronic Submission means a successful submittal of Offeror’s proposal.

  • Electronic filing system means the system used by the board's records and information center to accept and publish documents filed electronically and which allows the public and parties to view most documents filed with or issued by the board on the board's Web site.

  • Electronic device means a personal computer, cell phone, smart phone, telephone, mobile device, wireless device, tablet or any other electronic device that we allow you to use to access the Services;

  • Electronic ballot means a ballot that is recorded using a direct electronic voting

  • Electronic Waste means a: computer; computer monitor; computer peripheral device containing a cathode ray tube; printer; or television sold to a covered entity. “Electronic waste” does not include: any motor vehicle or any part thereof; a camera or video camera; a portable or stationary radio; a wireless telephone; a household appliance, such as a clothes washer, clothes dryer, water heater, refrigerator, freezer, microwave oven, oven, range, or dishwasher; equipment that is functionally or physically part of a larger piece of equipment intended for use in an industrial, research and development, or commercial setting; security or antiterrorism equipment; monitoring and control instruments or systems; thermostats; handheld transceivers; a telephone of any type; a portable digital assistant or similar device; a calculator; a global positioning system receiver or similar navigation device; commercial medical equipment that contains a cathode ray tube, a cathode ray tube device, a flat panel display, or similar video display that is not separate from the larger piece of equipment; or other medical devices, as the term “device” is defined under 21 U.S.C. § 321(h) of the Federal Food, Drug, and Cosmetic Act, as that section is amended from time to time.

  • Electronic Interface means access to operations support systems consisting of preordering, ordering, provisioning, maintenance and repair and billing functions.

  • Electronic transmission prescription means any prescription, other than an oral or written

  • Electronic Tracking Agreement means an Electronic Tracking Agreement among Buyer, Seller, MERS and MERSCORP, Inc., to the extent applicable as the same may be amended from time to time.

  • electronic meeting means a general meeting held and conducted wholly and exclusively by virtual attendance and participation by shareholders and/or proxies by means of electronic facilities;

  • Electronic Record(s means the electronic record as defined under clause (t) of sub-section (1) of section 2 of the Information Technology Act, 2000.

  • Electronic PHI means PHI created, received, maintained or transmitted electronically in accordance with 45 CFR § 160.103.

  • Content of an electronic communication means information concerning the substance or meaning of the communication which:

  • Electronic Reports means any reports prepared by the Custodian and remitted to the Fund or its authorized representative via the internet or electronic mail.