Common use of specified Clause in Contracts

specified. The Trustee shall by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 7 contracts

Samples: Indenture (Covad Communications Group Inc), Indenture (Lexar Media Inc), Exodus Communications Inc

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specified. The Trustee shall by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Subordinated Securityholders as provided in Section 9.03, in which case the Company or the Subordinated Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Subordinated Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Subordinated Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Subordinated Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Subordinated Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Subordinated Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Subordinated Securityholders. Any meeting of Subordinated Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Subordinated Securityholders, the presence of Persons holding or representing Subordinated Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Subordinated Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 7 contracts

Samples: Covad Communications Group Inc, Indenture (Flextronics International LTD), Indenture (Lexar Media Inc)

specified. The Indenture Trustee shall shall, by an instrument in writingwritten instrument, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Issuer or by Securityholders Bondholders as provided in Section 9.0311.03, in which case the Company Issuer or the Securityholders Bondholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote (calculated in accordance with the following paragraph) of the meetingPersons present at the meeting and entitled to vote. Subject to the provisions of Section 8.04, at At any meeting of Holders, unless otherwise provided in the related Terms Indenture, each Securityholder or proxy Person entitled to vote at such meeting shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion Individual Bond of the principal amount as may be specified in the terms of such series) of Securities applicable Class and/or Series held or and/or represented by such HolderPerson; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities Bonds held by such Person him or instruments in writing as aforesaid duly designating such Person chairperson as the Person proxy to vote on behalf of other SecurityholdersBondholders. Any meeting of Securityholders Bondholders duly called pursuant to the provisions of Section 9.02 11.02 or 9.03 11.03 may be adjourned from time to time, and the meeting may be held as so adjourned without further notice. At any meeting of SecurityholdersHolders, unless otherwise provided in the related Terms Indenture, the presence of Persons holding or representing Securities Bonds of the applicable Class and/or Series in principal amount an aggregate Principal Amount sufficient to take action on upon the business for the transaction of which such meeting was called called, shall be necessary to constitute a quorum, ; but, if less than a quorum is be present, the Persons holding or representing a majority in principal amount Bonds of the Securities applicable Class and/or Series with an aggregate Principal Amount of more than 50% of the aggregate Principal Amount of all the Bonds of such Class and/or Series represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present.

Appears in 5 contracts

Samples: Criimi Mae CMBS Corp, Criimi Mae CMBS Corp, Criimi Mae CMBS Corp

specified. The Trustee shall by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 4 contracts

Samples: Indenture (Oncogenex Pharmaceuticals, Inc.), Indenture (Oncogenex Pharmaceuticals, Inc.), Indenture (Oncogenex Pharmaceuticals, Inc.)

specified. The Trustee shall by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Company, the Guarantor or by Securityholders as provided in Section 9.03, in which case the Company Company, the Guarantor or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such seriesSeries) of Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, time and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 4 contracts

Samples: Indenture (Chevron Funding Corp), Indenture (Chevron Canada Capital Co), Chevrontexaco Corp

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Issuer or by Securityholders Bondholders as provided in Section 9.0312.03, in which case the Company Issuer or the Securityholders Bondholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the Holders of a majority in principal amount of the Bonds represented at the meeting. Subject to the provisions of Section 8.04, at At any meeting each Securityholder Holder of Bonds or any proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) 25,000 principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities Outstanding Bonds held or represented by such Holder; him, provided, however, that no vote shall be cast or counted at any meeting in respect of the principal amount of any Security Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities Bonds held by such Person him or by virtue of instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other SecurityholdersBondholders. Any meeting of Securityholders Bondholders duly called pursuant to the provisions of Section 9.02 12.02 or 9.03 Section 12.03 may be adjourned from time to time, and the meeting so adjourned may be held so adjourned without further notice, except as given at the meeting. At any meeting of SecurityholdersBondholders, the presence of Persons holding or representing Securities Bonds in an aggregate principal amount sufficient to take action on the business for the transaction transactions of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in aggregate principal amount of the Securities Bonds represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present, and the meeting may be held as so adjourned without further notice, except as given at the meeting.

Appears in 4 contracts

Samples: Indenture (National Collegiate Trust 1996-S2), Administration Agreement (National Collegiate Trust 1997-S2), Custodial Agreement (National Collegiate Trust 1996-S2)

specified. The Trustee shall by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Subordinated Securityholders as provided in Section 9.03, in which case the Company or the Subordinated Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Subordinated Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Subordinated Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Subordinated Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Subordinated Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Subordinated Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Subordinated Securityholders. Any meeting of Subordinated Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Subordinated Securityholders, the presence of Persons holding or representing Subordinated Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Subordinated Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 4 contracts

Samples: Achieve Life Sciences, Inc., Oncogenex Pharmaceuticals, Inc., Oncogenex Pharmaceuticals, Inc.

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.039.3, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.048.4, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; him, provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding outstanding and ruled by the permanent chairman of the meeting to be not Outstandingoutstanding; provided, further, that each holder of Original Issue Discount Securities shall be entitled to one vote for each $1,000 amount which would be due upon acceleration of his Original Issue Discount Security on the date of the meeting. The Neither a temporary nor a permanent chairman of the meeting shall have no a right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 9.2 or 9.03 9.3 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons person or persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 4 contracts

Samples: Consolidated Natural Gas Co/Va, Dominion CNG Capital Trust Ii, Markel Corp

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; him, provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding outstanding and ruled by the permanent chairman of the meeting to be not Outstandingoutstanding; provided, further, that each holder of Original Issue Discount Securities shall be entitled to one vote for each $1,000 amount which would be due upon acceleration of his Original Issue Discount Security on the date of the meeting. The Neither a temporary nor a permanent chairman of the meeting shall have no a right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons person or persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 3 contracts

Samples: Indenture (Aon PLC), Indenture (Aon Corp), Aon Corp

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.0316.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at At any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 16.02 or 9.03 16.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 2 contracts

Samples: Hanover Compressor Co /, Hanover Compressor Co /

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders the Holders as provided in Section 9.0313.03, in which case the Company or the Securityholders Holders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall may be elected by majority vote of the meetingHolders of a majority in principal amount of the Securities with respect to which such meeting is being held represented at the meeting and entitled to vote. Subject to the provisions of Section 8.04, at At any meeting each Securityholder Holder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount of Securities with respect to which such meeting is being held or represented by him and Outstanding (in the case of Original Issue Discount Securities, such principal amount shall to be equal to such portion of the principal amount determined as may be specified provided in the terms definition of such series) of Securities held or represented by such Holder"Outstanding"); provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person to vote on behalf of other SecurityholdersHolders. Any meeting of Securityholders Holders duly called pursuant to the provisions of Section 9.02 13.02 or 9.03 13.03 may be adjourned from time to timetime by vote of the Holders (or proxies for such Holders) of a majority of the Securities with respect to which such meeting is being held represented at the meeting, and entitled to vote, and the meeting may be held as so adjourned without further notice. At Notwithstanding anything in this Section to the contrary, at any meeting of SecurityholdersHolders, the presence of Persons holding or representing Securities with respect to which such meeting is being held in an aggregate principal amount sufficient under the appropriate provision of this Indenture to take action on the any business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in aggregate principal amount of the such Securities represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present.

Appears in 2 contracts

Samples: L 3 Communications Corp, L 3 Communications Corp

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; him, provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding outstanding and ruled by the chairman of the meeting to be not Outstandingoutstanding; provided, however, that each holder of Original Issue Discount Securities shall be entitled to one vote for each $1,000 amount which would be due upon acceleration of his Original Issue Discount Security on the date of the meeting. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons persons holding or representing a majority in principal amount of the Securities securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 2 contracts

Samples: Indenture (Bear Stearns Capital Trust V), Bear Stearns Capital Trust I

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section SECTION 9.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section SECTION 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; him, provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding outstanding and ruled by the permanent chairman of the meeting to be not Outstandingoutstanding; provided, further, that each holder of Original Issue Discount Securities shall be entitled to one vote for each $1,000 amount which would be due upon acceleration of his Original Issue Discount Security on the date of the meeting. The Neither a temporary nor a permanent chairman of the meeting shall have no a right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section SECTION 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons person or persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 2 contracts

Samples: Indenture (DPL Inc), Indenture (DPL Inc)

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Depositor or by Securityholders Bondholders as provided in Section 9.0314.03, in which case the Company Depositor or the Securityholders Bondholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the Holders of a majority in principal amount of the Bonds represented at the meeting. Subject to the provisions of Section 8.04, at At any meeting each Securityholder Holder of Bonds of any Series or any proxy shall be entitled to one vote for each [$1,000 (or [Euro1,000] 1,000) in initial principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities Outstanding Bonds held or represented by such Holderhim; provided, however, that no vote shall be cast or counted at any meeting in respect of the principal amount of any Security Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities Bonds held by such Person him or by virtue of instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other SecurityholdersBondholders. Any meeting of Securityholders Bondholders duly called pursuant to the provisions of Section 9.02 14.02 or 9.03 Section 14.03 may be adjourned from time to time, and the meeting so adjourned may be held so adjourned without further notice. At any meeting of SecurityholdersBondholders of any or all Series, the presence of Persons holding or representing Securities Outstanding Bonds of the applicable Series in an aggregate principal amount balance sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in aggregate principal amount balance of the Securities Bonds of the applicable Series represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present, and the meeting may be held as so adjourned without further notice.

Appears in 1 contract

Samples: Union Planters Home Equity Corp

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders the Holders as provided in Section 9.0313.03, in which case the Company or the Securityholders Holders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall may be elected by majority vote of the meetingHolders of a majority in principal amount 66 59 of the Securities with respect to which such meeting is being held represented at the meeting and entitled to vote. Subject to the provisions of Section 8.04, at At any meeting each Securityholder Holder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount of Securities with respect to which such meeting is being held or represented by him and Outstanding (in the case of Original Issue Discount Securities, such principal amount shall to be equal to such portion of the principal amount determined as may be specified provided in the terms definition of such series) of Securities held or represented by such Holder"Outstanding"); provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person to vote on behalf of other SecurityholdersHolders. Any meeting of Securityholders Holders duly called pursuant to the provisions of Section 9.02 13.02 or 9.03 13.03 may be adjourned from time to timetime by vote of the Holders (or proxies for such Holders) of a majority of the Securities with respect to which such meeting is being held represented at the meeting, and entitled to vote, and the meeting may be held as so adjourned without further notice. At Notwithstanding anything in this Section to the contrary, at any meeting of SecurityholdersHolders, the presence of Persons holding or representing Securities with respect to which such meeting is being held in an aggregate principal amount sufficient under the appropriate provision of this Indenture to take action on the any business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in aggregate principal amount of the such Securities represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Kerr McGee Corp /De

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.0313.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.042.08, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) Principal Amount at Maturity of Securities held or represented by such Holderhim; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding outstanding and ruled by the permanent chairman of the meeting to be not Outstandingoutstanding. The Neither a temporary nor a permanent chairman of the meeting shall have no a right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 13.02 or 9.03 13.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons persons holding or representing Securities in principal amount aggregate Principal Amount at Maturity sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons person or persons holding or representing a majority in principal amount Principal Amount at Maturity of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Indenture (Manpower Inc /Wi/)

specified. The Trustee shall by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such seriesSeries) of Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled -45- 55 by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Ati Financing Ii

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specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Subordinated Securityholders as provided in Section 9.03, in which case the Company or the Subordinated Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority a vote of the Persons entitled to vote a majority in principal amount of the Outstanding Subordinated Securities of such series represented at the meeting. Subject to the provisions of Section 8.04, at any meeting each Subordinated Securityholder or proxy shall be entitled to one vote for each $1,000 or $5,000 (or [Euro] 1,0001,000 or [Euro] 5,000) principal amount (in the case of Original Issue Discount Subordinated Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Subordinated Securities of such series held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Subordinated Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Subordinated Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Subordinated Securityholders. Any meeting of Subordinated Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 at which a quorum is present may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of SecurityholdersSubordinated Securityholders of such series, the presence of Persons holding or representing Subordinated Securities of such series in principal amount at maturity sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount at maturity of the Subordinated Securities represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Subordinated Indenture (Exodus Communications Inc)

specified. The Indenture Trustee shall shall, by an instrument in writingwritten instrument, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Indenture Trustee as a result of its receipt of an Issuer's Order or by Securityholders Bondholders as provided in Section 9.0312.03, in which case the Company Indenture Trustee or the Securityholders Bondholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote (calculated in accordance with the following paragraph) of the meetingPersons present at the meeting and entitled to vote. Subject to the provisions of Section 8.04, at At any meeting of Holders, each Securityholder or proxy Person entitled to vote at such meeting shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities Bonds held by such Person him or instruments in writing as aforesaid duly designating such Person chairperson as the Person proxy to vote on behalf of other SecurityholdersBondholders. Any meeting of Securityholders Bondholders duly called pursuant to the provisions of Section 9.02 12.02 or 9.03 12.03 may be adjourned from time to time, and the meeting may be held as so adjourned without further notice. At any meeting of SecurityholdersHolders, the presence of Persons holding or representing Securities Bonds of the applicable Class in principal amount Voting Rights sufficient to take action on upon the business for the transaction of which such meeting was called called, shall be necessary to constitute a quorum, ; but, if less than a quorum is be present, the Persons holding or representing a majority in principal amount Bonds of the Securities applicable Class with Voting Rights of more than 50% of the Voting Rights of all the Bonds of such Class represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Indenture (Collateralized Mortgage Bonds Series 1999 1)

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; him, provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding outstanding and ruled by the permanent chairman of the meeting to be not Outstandingoutstanding; provided, further, that each holder of Original Issue Discount Securities shall be entitled to one vote for each $1,000 amount which would be due upon acceleration of his Original Issue Discount Security on the date of the meeting. The Neither a temporary nor a permanent chairman of the meeting shall have no a right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons person or persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Indenture

specified. 46 56 The Trustee shall by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Subordinated Securityholders as provided in Section 9.03, in which case the Company or the Subordinated Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Subordinated Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Subordinated Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such seriesSeries) of Subordinated Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Subordinated Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Subordinated Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Subordinated Securityholders. Any meeting of Subordinated Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Subordinated Securityholders, the presence of Persons holding or representing Subordinated Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Subordinated Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Ati Financing Ii

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Corporation or by Securityholders as provided in Section 9.039.3, in which case the Company Corporation or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.048.4, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such seriesSeries) of Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 9.2 or 9.03 9.3 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Indenture (Providian Financing Iv)

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Corporation or by Subordinated Securityholders as provided in Section 9.039.3, in which case the Company Corporation or the Subordinated Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.048.4, at any meeting each Subordinated Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Subordinated Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such seriesSeries) of Subordinated Securities held or represented by such Holder; provided, however, that no vote shall be cast or counted at any meeting in respect of any Subordinated Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Subordinated Securities held by such Person or instruments in writing as aforesaid duly designating such Person as the Person to vote on behalf of other Subordinated Securityholders. Any meeting of Subordinated Securityholders duly called pursuant to the provisions of Section 9.02 9.2 or 9.03 9.3 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Subordinated Securityholders, the presence of Persons holding or representing Subordinated Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in principal amount of the Subordinated Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Providian Financing Iv

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Issuer or by Securityholders Bondholders as provided in Section 9.0314.03, in which case the Company Issuer or the Securityholders Bondholders calling the meeting, meeting as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the Holders of a majority in principal amount of the Bonds represented at the meeting. Subject to the provisions of Section 8.04, at At any meeting each Securityholder Holder of Bonds of any or all Series or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) of principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities Outstanding Bonds held or represented by such Holderhim; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities Bonds held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person to vote on behalf of other SecurityholdersBondholders. Any meeting of Securityholders Bondholders duly called pursuant to the provisions of Section 9.02 14.02 or 9.03 Section 14.03 may be adjourned from time to time, and the meeting may be held as so adjourned without further notice. At any meeting of SecurityholdersBondholders of any or all Series, the presence of Persons holding or representing Securities Bonds of the applicable Series in an aggregate principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in aggregate principal amount of the Securities Bonds of the applicable Series represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present, and the meeting may be held as so adjourned without further notice.

Appears in 1 contract

Samples: CRSM Securities Inc

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Depositor or by Securityholders Bondholders as provided in Section 9.0314.03, in which case the Company Depositor or the Securityholders Bondholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the Holders of a majority in principal amount of the Bonds represented at the meeting. Subject to the provisions of Section 8.04, at At any meeting each Securityholder Holder of Bonds of any Series or any proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) in initial principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities Outstanding Bonds held or represented by such Holderhim; provided, however, that no vote shall be cast or counted at any meeting in respect of the principal amount of any Security Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities Bonds held by such Person him or by virtue of instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other SecurityholdersBondholders. Any meeting of Securityholders Bondholders duly called pursuant to the provisions of Section 9.02 14.02 or 9.03 Section 14.03 may be adjourned from time to time, and the meeting so adjourned may be held so adjourned without further notice. At any meeting of SecurityholdersBondholders of any or all Series, the presence of Persons holding or representing Securities Outstanding Bonds of the applicable Series in an aggregate principal amount balance sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons holding or representing a majority in aggregate principal amount balance of the Securities Bonds of the applicable Series represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present, and the meeting may be held as so adjourned without further notice.

Appears in 1 contract

Samples: Indenture (Union Planters Mortgage Finance Corp)

specified. The Trustee shall shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company or by Securityholders as provided in Section 9.03, in which case the Company or the Securityholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote of the meeting. Subject to the provisions of Section 8.04, at any meeting each Securityholder or proxy shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion of the principal amount as may be specified in the terms of such series) of Securities held or represented by such Holder; him, provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding outstanding and ruled by the chairman of the meeting to be not Outstandingoutstanding; provided, however, that each holder of Original Issue Discount Securities shall be entitled to one vote for each $1,000 amount which would be due upon acceleration of his Original Issue Discount Security on the date of the meeting. The chairman of the meeting shall have no right to vote other than by virtue of Securities held by such Person him or instruments in writing as aforesaid duly designating such Person him as the Person person to vote on behalf of other Securityholders. Any meeting of Securityholders duly called pursuant to the provisions of Section 9.02 or 9.03 may be adjourned from time to time, and the meeting may be held so adjourned without further notice. At any meeting of Securityholders, the presence of Persons persons holding or representing Securities in principal amount sufficient to take action on the business for the transaction of which such meeting was called shall constitute a quorum, but, if less than a quorum is present, the Persons persons holding or representing a majority in principal amount of the Securities represented at the meeting may adjourn such meeting with the same effect for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Wells Fargo Capital Iii

specified. The Indenture Trustee shall shall, by an instrument in writingwritten instrument, appoint a temporary chairman of the meeting, unless the meeting shall have been called by the Company Issuer or by Securityholders Bondholders as provided in Section 9.0312.03, in which case the Company Issuer or the Securityholders Bondholders calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by majority vote (calculated in accordance with the following paragraph) of the meetingPersons present at the meeting and entitled to vote. Subject to the provisions of Section 8.04, at At any meeting of Holders, each Securityholder or proxy Person entitled to vote at such meeting shall be entitled to one vote for each $1,000 (or [Euro] 1,000) principal amount (in the case of Original Issue Discount Securities, such principal amount shall be equal to such portion Individual Bond of the principal amount as may be specified in the terms of such series) of Securities applicable Class held or and/or represented by such HolderPerson; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The chairman of the meeting shall have no right to vote other than by virtue of Securities Bonds held by such Person him or instruments in writing as aforesaid duly designating such Person chairperson as the Person proxy to vote on behalf of other SecurityholdersBondholders. Any meeting of Securityholders Bondholders duly called pursuant to the provisions of Section 9.02 12.02 or 9.03 12.03 may be adjourned from time to time, and the meeting may be held as so adjourned without further notice. At any meeting of SecurityholdersHolders, the presence of Persons holding or representing Securities Bonds of the applicable Class in principal amount Voting Rights sufficient to take action on upon the business for the transaction of which such meeting was called called, shall be necessary to constitute a quorum, ; but, if less than a quorum is be present, the Persons holding or representing a majority in principal amount Bonds of the Securities applicable Class with Voting Rights of more than 50% of the Voting Rights of all the Bonds of such Class represented at the meeting may adjourn such meeting with the same effect effect, for all intents and purposes, as though a quorum had been present.

Appears in 1 contract

Samples: Imperial Credit Commercial Mortgage Acceptance Corp

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