Common use of Pursuant to Paragraph 7 Clause in Contracts

Pursuant to Paragraph 7. 2, in the event that a shareholders' meeting (which has been convened or which will be held as "totalitaria") of the Company is called to discuss an issue on the agenda that, if approved, would constitute a Default or an Event of Default under the Indentures (as such terms are defined in the Indentures), the Secured Creditors' waiver of the right to exercise voting rights will be automatically revoked.

Appears in 4 contracts

Samples: Marconi Corp PLC, Marconi Corp PLC, Marconi Corp PLC

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