Examples of Programme Resolution in a sentence

Any such meeting to consider a Programme Resolution may be convened by the Issuer, the CBC or the Security Trustee or by Covered Bondholders of any Series.
Notwithstanding the preceding paragraphs, any Extraordinary Resolution to direct the Security Trustee (i) to accelerate the Covered Bonds pursuant to Condition 10 (Events of Default and Enforcement); (ii) to take any enforcement action, or (iii) to remove or replace the Security Trustee's Director shall only be capable of being passed by a Programme Resolution.
The Security Trustee may determine that another Extraordinary Resolution shall only be capable of being passed by a Programme Resolution at its absolute discretion.
A Programme Resolution passed at any meeting of the Covered Bondholders of all Series shall be binding on all Covered Bondholders and Couponholders, whether or not present at such Meeting, and each of the Covered Bondholders and Couponholders shall be bound to give effect to it accordingly.
Notice of the result of every vote on a Programme Resolution shall be given to the Covered Bondholders and the Paying Agents (with a copy to the Issuer, the CBC and the Security Trustee) within fourteen (14) days of the conclusion of the Meeting.

More Definitions of Programme Resolution

Programme Resolution means an Extraordinary Resolution passed at a single meeting of the Covered Bondholders of all Series, duly convened and held in accordance with the provisions contained in these Rules (ii) to direct the Representative of the Covered Bondholders to take action pursuant to Condition 12(b)(ii)(c) (Effect of an Issuer Default Notice – Covered Bond Guarantee), Condition 12(c)(iii) (Guarantor Event of Default – Breach of other obligation) or Condition 12(d)(iv) (Guarantor Event of Default – Enforcement) or to appoint or remove the Representative of the Covered Bondholders pursuant to Article 26 (Appointment, Removal and Remuneration); or (ii) to direct the Representative of the Covered Bondholders to take other action stipulated in the Conditions or the Transaction Documents as requiring a Programme Resolution.

Programme Resolution means either: a written resolution of the holders of not less than fifty (50) per cent. of the Principal Amount Outstanding of the Covered Bonds then outstanding as if they were a single Series; or an Extraordinary Resolution (with the Covered Bonds of all Series taken together as a single Series);

Programme Resolution has the meaning ascribed to it in Schedule 1 to the Trust Deed.

Programme Resolution means an extraordinary resolution passed at a single meeting of the Bondholders of all Series, held in accordance with the provisions contained in Rules.

Programme Resolution means an Extraordinary Resolution passed at a single meeting of the Bondholders of all Series, duly convened and held in accordance with the provisions contained in these Rules (a) to direct the Representative of the Bondholders to take any action pursuant to Condition 13.2

Programme Resolution means any resolution passed at a meeting duly convened and held in accordance with these Rules and with respect to matters referred to under Article 6.3;