Common use of Extraordinary Resolutions Clause in Contracts

Extraordinary Resolutions. At a meeting of the then Voting Secured Creditors referred to in clause 8.1(b) or by a resolution in writing signed by all Voting Secured Creditors, the Voting Secured Creditors may direct the Security Trustee by Extraordinary Resolution to: (a) (Accelerate Secured Moneys): declare the Secured Moneys immediately due and payable under clause 9.6;

Appears in 2 contracts

Sources: Security Trust Deed (Securitisation Advisory Services Pty LTD), Security Trust Deed (Securitisation Advisory Services Pty LTD)