Resolution of the Bondholders definition

Resolution of the Bondholders means a resolution duly adopted at a meeting of Bondholders held in accordance with Clause 6.11.1.
Sample 1Sample 2Sample 3
Resolution of the Bondholders means a resolution duly adopted at a meeting of Bond- holders held in accordance with Condition 6.11.1.
Sample 1Sample 2

Examples of Resolution of the Bondholders in a sentence

  • Modifications to the Instrument and the Conditions may be effected only by deed poll, executed by the Company and expressed to be supplemental to the Instrument, and (save for minor amendments by the Company which shall not adversely affect the rights of the Bondholders under the Instrument) only if it shall first have been sanctioned by an Extraordinary Resolution of the Bondholders.

  • Neither the Issuer nor the Co-obligor will, and Bestsport has covenanted in the Trust Deed that it will not, consolidate or merge with any other person or convey or transfer its properties or assets substantially as an entirety to any other person otherwise than as part of a Permitted Merger or as otherwise approved by the Trustee or by an Extraordinary Resolution of the Bondholders.

  • For so long as not less than US$50,000,000 of the Bonds remain outstanding and have not been redeemed, the Issuer undertakes to each Bondholder that, unless as otherwise approved by an Ordinary Resolution of the Bondholders (or a Written Resolution in lieu of an Ordinary Resolution), the Debt Leverage Covenant for each Relevant Period (commencing with the first full Relevant Period commencing after the completion of the MBK Acquisition) does not exceed 6.01 : 1.

  • If there shall be any release of the Issuer from its obligations under the undertaking provided in this Deed, other than with the approval of the Trustee and a Extraordinary Resolution of the Bondholders, including any release by operation of law, or any failure by the Issuer to make payment when demanded by the Trustee in accordance with the undertaking aforesaid.

  • If a sole trust corporation gives notice of retirement or an Extraordinary Resolution of the Bondholders is passed for its removal, the Issuer will use all reasonable endeavours to procure that another trust corporation be appointed as Security Trustee but if it fails to do so before the expiry of such three month notice period, the Security Trustee shall have the power to appoint a new Security Trustee.

  • If a sole trust corporation gives notice of retirement or an Extraordinary Resolution of the Bondholders is passed for its removal, the Issuer will use all reasonable endeavours to procure that another trust corporation be appointed as Bond Trustee but if it fails to do so before the expiry of such three month notice period, the Bond Trustee shall have the power to appoint a new Bond Trustee.

  • Subject to Condition 4.2 (Notification to Bondholders regarding clearing systems clearance), any modification or amendment of these Conditions (or any waiver, authorisation or ratification of any breach of the Issuer of these Conditions) requires (i) the written consent of the Issuer and (ii) an Ordinary Resolution of the Bondholders (or a Written Resolution in lieu of an Ordinary Resolution) and if passed shall be binding on all Bondholders.

  • An Extraordinary Resolution passed at a meeting of the Bondholders shall be binding on the holders of each Series of Bonds irrespective of the effect on them, except for an Extraordinary Resolution of the Bondholders to sanction a Basic Terms Modification which shall not take effect unless it has also been sanctioned by an Extraordinary Resolution of the holders of each Series of Bonds.

Related to Resolution of the Bondholders

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Series Resolution means a resolution of the Corporation authorizing the issuance of a Series of Bonds in accordance with the terms and provisions of the General Trust Indenture, adopted by the Corporation in accordance with Section 204 of the General Trust Indenture.

  • unanimous resolution means, subject to subsection (3) -

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

  • Resolution of Directors means either:

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • Resolution shall have the meaning specified in Section 8(E).

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Bond Resolution means the resolution to be adopted by the Governing Body prescribing the terms and details of the Bonds and making covenants with respect thereto.

  • Single Series Extraordinary Resolution means a resolution passed at a meeting of Noteholders duly convened and held in accordance with the procedures prescribed by the Issuer and the Fiscal Agent pursuant to Condition 14(a) (Convening Meetings of Noteholders; Conduct of Meetings of Noteholders; Written Resolutions) by a majority of:

  • Resolution date means the date the funded amount, plus the

  • Resolution of Shareholders means either:

  • 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.

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • Resolutions shall have the meaning set forth in Section 7.5.

  • Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Bondholders Meeting" means a meeting among the Bondholders held in accordance with Clause 17 (Bondholders’ Meeting).

  • Extraordinary Resolution has the meaning set forth in Section 7.11(1);

  • resolution power means a power referred to in Articles 63 to 72;

  • Ordinary Resolution means a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard shall be had to the number of votes to which each Member is entitled by the Articles.

  • Amalgamation Resolution means the special resolution of the Shareholders concerning the Amalgamation to be considered at the Meeting, substantially in the form set out in Appendix A to the Circular;

  • Arrangement Resolution means the special resolution approving the Plan of Arrangement to be considered at the Company Meeting, substantially in the form of Schedule B.

  • Resolution Time means 1:00 p.m. New York time on the Local Business Day following the date on which the notice of the dispute is given under Paragraph 5.

  • Covered Bondholders means the holders from time to time of Covered Bonds, title to which is evidenced in the manner described in Condition 3 (Form, Denomination and Title).

  • U.S. Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Certified Resolution means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification.