Examples of Voting Bonds in a sentence
A Written Resolution is passed when the requisite majority set out in paragraph (e) or(f) of Clause 15.1 ( Authority of Bondholders’ Meeting) has been obtained, based on a quorum of the total number of Voting Bonds, even if the Voting Period has not yet expired.
Resolutions will be passed by simple majority of the Voting Bonds represented at the Bondholders’ Meeting, unless otherwise set out in paragraph(g) below.
Save for any amendments or waivers which can be made without resolution pursuant to paragraph (a)(i) and (ii) of Clause17.1 ( Procedure for amendments and waivers), a majority of at least 2/3 of the Voting Bonds represented at the Bondholders’ Meeting is required for approval of any waiver or amendment of these Bond Terms.
Only Bondholders of Voting Bonds registered with the CSD on the Relevant Record Date, or the beneficial owner thereof having presented relevant evidence to the Bond Trustee pursuant to Clause3.3 ( Bondholders’ rights), will be counted in the Written Resolution.
The minutes must state the number of Voting Bonds represented at the Bondholders’ Meeting, the resolutions passed at the meeting, and the results of the vote on the matters to be decided at the Bondholders’ Meeting.