Common use of Sole Holder Clause in Contracts

Sole Holder. Notwithstanding that there may at any time be only one holder of Deposits in respect of which a meeting is to be called so that a "meeting" of that class is not technically possible, a meeting shall nevertheless be called, so that the provisions of paragraph 7 may be complied with. (Form of Certificate) The Deposit evidenced by this Deposit Certificate is created and issued pursuant to the Constitution of FSSI and constituted by a Trust Deed dated [ ] between FSSI, the Guaranteeing Subsidiaries named in the Trust Deed and The New Zealand Guardian Trust Company Limited (as Supervisor for the Holders) as amended from time to time ("Trust Deed") which Deposit is issued with the benefit and subject to the provisions of the Trust Deed and the Conditions endorsed on this certificate. 1. THE Holder named in the table appearing below ("Table") is the registered holder of the amount of Deposit set out in this certificate. 2. THE Deposit held by such Holder bears interest at the rate per annum set out in the Table and is redeemable on the date set out in the said Table after the word "Redemption".