Common use of Right to Convene Meeting Clause in Contracts

Right to Convene Meeting. The Trustee or the Issuer may at any time and from time to time, and the Trustee shall, on receipt of a written request of the Issuer or a written request signed by the Debentureholders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer or by the Debentureholders signing such request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Issuer or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Trustee.

Appears in 2 contracts

Samples: Trust Indenture (Algonquin Power & Utilities Corp.), Trust Indenture (Algonquin Power & Utilities Corp.)

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Right to Convene Meeting. The Debenture Trustee or the Issuer Company may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Issuer Company or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Company or by the Debentureholders signing such request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Issuer Company or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 2 contracts

Samples: Put Notice (Constellation Software Inc), Put Notice (Constellation Software Inc)

Right to Convene Meeting. The Debenture Trustee or the Issuer Corporation may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Issuer Corporation or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Corporation or by the Debentureholders signing such request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Issuer Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Trust Indenture (Wi-Lan Inc.)

Right to Convene Meeting. The Trustee or the Issuer Corporation may at any time and from time to time, and the Trustee shall, on receipt of a written request of the Issuer Corporation or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Corporation or by the Debentureholders signing such request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Trustee failing, within 30 days after receipt of any such request and such funding of and indemnity, to give notice convening a meeting, the Issuer Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Indenture (MDC Partners Inc)

Right to Convene Meeting. The Debenture Trustee or the Issuer Corporation may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Issuer Corporation or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Corporation or by the Debentureholders signing such request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Issuer Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Zarlink Semiconductor Inc

Right to Convene Meeting. The Debenture Trustee or the Issuer Company may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Issuer Company or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Company or by the Debentureholders signing such request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of and indemnity, to give notice convening a meeting, the Issuer Company or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto Toronto, Ontario or at such other place as may be approved or determined by the Debenture Trustee.

Appears in 1 contract

Samples: Trust Indenture (Canadian Satellite Radio Holdings Inc.)

Right to Convene Meeting. The Trustee or the Issuer REIT may at any time and from time to time, and the Trustee shall, on receipt of a written request of the Issuer REIT or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer REIT or by the Debentureholders signing such request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Issuer REIT or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Trust Indenture

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Right to Convene Meeting. The Debenture Trustee or the Issuer Corporation may at any time and from time to time, and the Debenture Trustee shall, on receipt of a written request of the Issuer Corporation or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Corporation or by the Debentureholders signing such request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Debenture Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Issuer Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City city of Toronto or at such other place as may be approved or determined by the TrusteeCorporation.

Appears in 1 contract

Samples: Trust Indenture (Primero Mining Corp)

Right to Convene Meeting. The Indenture Trustee or the Issuer Corporation may at any time and from time to time, and the Indenture Trustee shall, on receipt of a written request of the Issuer Corporation or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Corporation or by the Debentureholders signing such request, as the case may be, request against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Indenture Trustee failing, failing within 30 days after receipt of any such request and such funding of indemnity, indemnity to give notice convening a meeting, the Issuer Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto Toronto, Ontario or at such other place as may be approved or determined by the Indenture Trustee.

Appears in 1 contract

Samples: Trust Indenture

Right to Convene Meeting. The Trustee or the Issuer Corporation may at any time and from time to time, and the Trustee shall, on receipt of a written request of the Issuer Corporation or a written request signed by the Debentureholders holders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Corporation or by the Debentureholders signing such request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Issuer Corporation or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Kirkland Lake Gold Ltd.

Right to Convene Meeting. The Trustee or the Issuer Trust may at any time and from time to time, and the Trustee shall, on receipt of a written request of the Issuer Trust or a written request signed by the Debentureholders of not less than 25% of the principal amount of the Debentures then outstanding and upon receiving funding and being indemnified to its reasonable satisfaction by the Issuer Trust or by the Debentureholders signing such request, as the case may be, against the costs which may be incurred in connection with the calling and holding of such meeting, convene a meeting of the Debentureholders. In the event of the Trustee failing, within 30 days after receipt of any such request and such funding of indemnity, to give notice convening a meeting, the Issuer Trust or such Debentureholders, as the case may be, may convene such meeting. Every such meeting shall be held in the City of Toronto or at such other place as may be approved or determined by the Trustee.

Appears in 1 contract

Samples: Algonquin Power Income Fund

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