Common use of Convening meetings Clause in Contracts

Convening meetings. The Special Warrant Agent or the Corporation may convene a Meeting at any time at the expense of the Corporation. Upon receipt of a written requisition signed in one or more counterparts by Special Warrantholders holding not less than 25% of the aggregate number of the then outstanding Special Warrants or upon a written request of the Corporation, the Special Warrant Agent shall convene a Meeting, provided that, it has been indemnified and funded to its reasonable satisfaction by the Corporation or the Special Warrantholders for the costs of convening and holding a Meeting. If the Special Warrant Agent fails to convene the Meeting within 15 Business Days after being duly requisitioned to do so and indemnified and funded as aforesaid, the Special Warrantholders holding not less than 25% of the aggregate number of the then outstanding Special Warrants may themselves convene a Meeting, the notice for which must be signed by a person that those Special Warrantholders specify, provided that the Special Warrant Agent and Corporation receive notice of the Meeting in accordance with Section 6.4. A written requisition must state, generally, the reason for the Meeting and business to be transacted at the Meeting.

Convening meetings. The Special Warrant Agent or the Corporation may convene a Meeting at any time at the expense of the Corporation. Upon receipt of a written requisition signed in one or more counterparts by Special Warrantholders holding not less than 25% of the aggregate number of the then outstanding Special Warrants or upon a written request of the CorporationWarrants, the Special Warrant Agent or the Corporation shall convene a Meeting, provided that, in the case of the Special Warrant Agent, it has been indemnified and funded to its reasonable satisfaction by the Corporation or the Special Warrantholders for the costs of convening and holding a Meeting. If the Special Warrant Agent or the Corporation fails to convene the Meeting within 15 Business Days after being duly requisitioned to do so and indemnified and funded as aforesaid, the Special Warrantholders holding not less than 25% of the aggregate number of the then outstanding Special Warrants may themselves convene a Meeting, the notice for which must be signed by a person that those Special Warrantholders specify, provided that the Special Warrant Agent and Corporation receive notice of the Meeting in accordance with Section 6.45.4. A written requisition must state, generally, the reason for the Meeting and business to be transacted at the Meeting.

Convening meetings. ‌ The Special Warrant Agent or the Corporation Company may convene a Meeting at any time at the expense of the CorporationCompany. Upon receipt of a written requisition signed in one or more counterparts by Special Warrantholders holding having the right to acquire not less than 2520% of the aggregate number of the then outstanding Special Warrants or upon a written request of the CorporationUnits which may at such time be acquired hereunder, the Special Warrant Agent or the Company shall convene a Meeting, provided thatthat in the case of the Special Warrant Agent, it has been indemnified and funded to its reasonable satisfaction by the Corporation Company or the Special Warrantholders for the costs of convening and holding a Meeting. If the Special Warrant Agent or the Company fails to convene the Meeting within 15 Business Days after being duly requisitioned to do so and indemnified and funded as aforesaid, the Special Warrantholders holding having the right to acquire not less than 2520% of the aggregate number of the then outstanding Special Warrants Units which may be acquired hereunder may themselves convene a Meeting, the notice for which must be signed by a person that one or more of those Special Warrantholders specifyat such time, provided that the Special Warrant Agent and Corporation Company receive notice of the Meeting in accordance with Section 6.4. A written requisition must state, generally, the reason for the Meeting and business to be transacted at the Meeting.