Common use of Call of Meetings by Issuer or Holders Clause in Contracts

Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than 10% in aggregate principal amount of the Outstanding Debt Securities shall have requested the Trustee to call a meeting of the Holders by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given the notice of such meeting within 20 days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings and may call such meetings to take any action authorized in Section 9.01, by giving notice thereof as provided in Section 9.02.

Appears in 4 contracts

Samples: Indenture (Matrix Bancorp Inc), Indenture (Bankatlantic Bancorp Inc), Investorsbancorp Inc

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Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than at least 10% in of the aggregate principal amount of the Outstanding Debt Securities Notes then Outstanding, shall have requested the Trustee to call a meeting of the Holders Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given mailed the notice of such meeting within 20 days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings meeting and may call such meetings meeting to take any action authorized in Section 9.01, by giving mailing notice thereof as provided in Section 9.02.

Appears in 4 contracts

Samples: First Supplemental Indenture (Intercept Pharmaceuticals, Inc.), Security Agreement (Intercept Pharmaceuticals, Inc.), Security Agreement (Intercept Pharmaceuticals, Inc.)

Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than at least 10% in of the aggregate principal amount of the Outstanding Debt Securities Notes then outstanding, shall have requested the Trustee to call a meeting of the Holders Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given delivered the notice of such meeting within 20 days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings meeting and may call such meetings meeting to take any action authorized in Section 9.01, by giving delivering notice thereof as provided in Section 9.02.

Appears in 2 contracts

Samples: Business Combination Agreement (M3-Brigade Acquisition III Corp.), Subscription Agreement (M3-Brigade Acquisition III Corp.)

Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than at least ten percent (10% %) in aggregate principal amount of the Outstanding Debt Securities then outstanding, shall have requested the Trustee to call a meeting of the Holders Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given mailed the notice of such meeting within 20 twenty (20) days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings meeting and may call such meetings meeting to take any action authorized in Section 9.0111.01, by giving mailing notice thereof as provided in Section 9.0211.02.

Appears in 1 contract

Samples: First Supplemental Indenture (Hawaiian Holdings Inc)

Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than at least 10% in aggregate principal amount of the Outstanding Debt Securities aggregate Initial Principal Amount of the Notes then outstanding, shall have requested the Trustee to call a meeting of the Holders Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given mailed or delivered, as the case may be, the notice of such meeting within 20 calendar days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings meeting and may call such meetings meeting to take any action authorized in Section ‎Section 9.01, by giving mailing or delivering, as the case may be, notice thereof as provided in Section ‎Section 9.02.

Appears in 1 contract

Samples: Indenture (Pernix Therapeutics Holdings, Inc.)

Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than at least 10% in of the aggregate principal amount of the Outstanding Debt Securities Notes then outstanding, shall have requested the Trustee to call a meeting of the Holders Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given mailed the notice of such meeting within 20 days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings meeting and may call such meetings meeting to take any action authorized in Section 9.01, by giving mailing notice thereof as provided in Section 9.02.

Appears in 1 contract

Samples: Indenture (RCS Capital Corp)

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Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than at least 10% in aggregate principal amount of the Outstanding Debt Securities then outstanding, shall have requested the Trustee to call a meeting of the Holders Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given mailed the notice of such meeting within 20 days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings meeting and may call such meetings meeting to take any action authorized in Section 9.0112.01, by giving mailing notice thereof as provided in Section 9.0212.02.

Appears in 1 contract

Samples: Toll Brothers Inc

Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than at least 10% in aggregate principal amount of the Outstanding Debt Securities Notes then outstanding, shall have requested the Trustee to call a meeting of the Holders Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given mailed the notice of such meeting within 20 twenty (20) days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings meeting and may call such meetings meeting to take any action authorized in Section 9.0111.01, by giving mailing notice thereof as provided in Section 9.0211.02.

Appears in 1 contract

Samples: First Supplemental Indenture (Interoil Corp)

Call of Meetings by Issuer or Holders. In case at any time the Issuer, pursuant to a Board Resolution, or the Holders of not less than at least 10% in of the aggregate principal amount of the Outstanding Debt Securities Notes then Outstanding, shall have requested the Trustee to call a meeting of the Holders Holders, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given mailed the notice of such meeting within 20 days after the receipt of such request, then the Issuer or such Holders may determine the time or times and the place or places for such meetings meeting and may call such meetings meeting to take any action authorized in Section ‎Section 9.01, by giving mailing notice thereof as provided in Section ‎Section 9.02.

Appears in 1 contract

Samples: First Supplemental Indenture (Intercept Pharmaceuticals Inc)

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