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SYT » Topics » Block Voting Instruction

This excerpt taken from the SYT 20-F filed Feb 18, 2009.
Block Voting Instruction" means, in relation to any Meeting, a document in the English language issued by a Paying Agent:
 
(a)
certifying that the Deposited Notes have been deposited with such Paying Agent (or to its order at a bank or other depositary) or blocked in an account with a clearing system and will not be released until the earlier of:
 
(i)
the conclusion of the Meeting; and
 
(ii)
the surrender to such Paying Agent, not less than 48 hours before the time fixed for the Meeting (or, if the Meeting has been adjourned, the time fixed for its resumption), of the receipt for the deposited or blocked Notes and notification thereof by such Paying Agent to the relevant Issuer, the Guarantor and the Trustee; and
 
(b)
certifying that the depositor of each Deposited Note or a duly authorised person on its behalf has instructed the relevant Paying Agent that the votes attributable to such Deposited Note are to be cast in a particular way on each resolution to be put to the Meeting and that, during the period of 48 hours before the time fixed for the Meeting, such instructions may not be amended or revoked;
 
(c)
listing the total number and (if in definitive form) the certificate numbers of the Deposited Notes, distinguishing for each resolution between those in respect of which instructions have been given to vote for, or against, the resolution; and
 
(d)
authorising a named individual or individuals to vote in respect of the Deposited Notes in accordance with such instructions;
 
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