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05-13-2020 Council Packet
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05-13-2020 Council Packet
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12316306v3 <br />-54- <br />(v)The Trustee or, in case of its failure to act, the Issuer or Bondholders <br />calling or requesting the meeting, may make such reasonable regulations as it may deem <br />advisable for any meeting of Bondholders in regard to proof of the holding of Bonds and <br />of the appointment of proxies and in regard to the appointment and duties of inspectors of <br />votes, the submission and examination of proxies, certificates and other evidence of the <br />right to vote, and such other matters concerning the conduct of the meeting as it shall <br />deem appropriate. <br />(vi)At any meeting of Bondholders, the presence of persons holding or <br />representing Bonds in an aggregate principal amount sufficient under the appropriate <br />provision of this Indenture to take action upon the business for the transaction of which <br />such meeting was called shall constitute a quorum. Any meeting of Bondholders duly <br />called pursuant to this Section may be adjourned from time to time by vote of the Holders <br />(or proxies for the Holders) of a majority of the Bonds represented at the meeting and <br />entitled to vote, whether or not a quorum shall be present; and the meeting may be held as <br />so adjourned without further notice. <br />(vii)The vote upon any resolution submitted to any meeting of Bondholders <br />shall be by written ballots on which shall be subscribed the signatures of the Holders of <br />Bonds or of their representatives by proxy and the serial number or numbers of the Bonds <br />held or represented by them. The chairman of the meeting shall appoint two inspectors of <br />votes who shall count all votes cast at the meeting for or against any resolution and who <br />shall make and file with the secretary of the meeting their verified written reports in <br />duplicate of all votes cast at the meeting. A record, at least in duplicate, of the <br />proceedings of each meeting of Bondholders shall be prepared by the secretary of the <br />meeting and there shall be attached to said record the original reports of the inspectors of <br />votes on any vote by ballot taken there at and affidavits by one or more persons having <br />knowledge of the facts setting forth a copy of the notice of the meeting and showing that <br />said notice was published or mailed as provided in paragraph (b) hereof. Each copy shall <br />be signed and verified by the affidavits of the chairman and secretary of the meeting and <br />one such copy shall be delivered to the Borrower and the Issuer and another to the <br />Trustee to be preserved by the Trustee, the latter to have attached thereto the ballots voted <br />at the meeting. Any record so signed and verified shall be conclusive evidence of the <br />matters therein stated. <br />Section 9.05 Revocation by Bondholders. At any time prior to (but not after) the <br />evidencing to the Trustee of the taking of any action by the Holders of the percentage in <br />aggregate principal amount of the Bonds specified in this Indenture in connection with such <br />action, any Holder of any such Bond may, by filing written notice with the Trustee at its <br />principal office revoke any consent given by such Holder or the predecessor Holder of such <br />Bond. Except as aforesaid, any such consent given by the Holder of any Bond shall be <br />conclusive and binding upon such Holder and upon all future Holders of such Bond and of any <br />Bond issued in exchange therefor or in lieu thereof, irrespective of whether or not any notation in <br />regard thereto is made upon such Bond. Any action taken by the Holders of the percentage in <br />aggregate principal amount of the specified in this Indenture in connection with such action shall <br />be conclusively binding upon the Issuer, the Trustee and the Holders of all the Bonds.
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