Examples of Holders’ Meeting in a sentence
The person requesting the decision may suggest the form for decision making, but if it is in the Agent’s opinion more appropriate that a matter is dealt with at a Holders’ Meeting than by way of a Written Procedure, it shall be dealt with at a Holders’ Meeting.
The Issuer or the Issuing Agent shall upon request provide the Issuer or the convening Holder(s) with the information available in the Debt Register in order to convene and hold the Holders’ Meeting or instigate and carry out the Written Procedure, as the case may be.
The Issuer or Holder(s), as applicable, shall supply to the Agent a copy of the dispatched notice or communication. 14.1.6 Should the Issuer want to replace the Agent, it may (i) convene a Holders’ Meeting in accordance with Clause 14.2 (Convening of Holders’ Meeting) or (ii) instigate a Written Procedure by sending communication in accordance with Clause 14.3 (Instigation of Written Procedure).
The Issuer shall promptly publish by way of press release any amendment or waiver made pursuant to Clause 15.1(a) or (c), in each case setting out the amendment in reasonable detail and the date from which the amendment or waiver will be effective. An amendment or waiver to the Finance Documents shall take effect on the date determined by the Holders’ Meeting, in the Written Procedure or by the Agent, as the case may be.
The application of proceeds in accordance with items (a) to (d) above shall, however, not restrict a Holders’ Meeting or a Written Procedure from resolving that accrued Interest (whether overdue or not) shall be reduced without a corresponding reduction of principal.