Amendment of the Articles of Association of the Company. Borrower shall notify to the Lender in relation with any amendment to the Company’s articles of association.
Amendment of the Articles of Association of the Company. RESOLVED that subject to the provisions of Section 31 of the Companies Act, 1956, the Articles of Association of the Company be amended in the form and manner similar to the draft Articles of Association tabled before the Board and duly initialed by the Chairman for the purpose of identification of the Chairman. FURTHER RESOLVED, that a copy each of the above resolutions be signed by Mr. [•], Director of the Company and be forwarded to WNS (Mauritius) Limited, as a certified copy for their records. None Not applicable. Not applicable; intentionally left blank.
a. Except as agreed in the annual business plan.
a. Commencement of any new line of business, which is unrelated to the Business.
b. Commencement of unit / division in a new geographical territory for product. (Business can come from any geography and therefore this has been deleted).
c. Capital expenditure including acquisition of assets, construction or lease, in excess of INR 2 million per annum.
d. The formation of, investment in, or operation by the Company of any subsidiary, or collective investment vehicle.
e. Setting up of salary and benefits of any employee with a total cost to the Company or any of its subsidiaries exceeding INR 5 Million per annum
f. Changes to material accounting policies or practices, or any change in the financial year for preparation of audited accounts.
Amendment of the Articles of Association of the Company. RESOLVED that subject to the provisions of Section 31 of the Companies Act, 1956, and subject to the approval of the members of the Company in general meeting by passing a special resolution of the shareholders, the Articles of Association of the Company be amended in the form and manner similar to the draft Articles of Association tabled before the Board and duly initialed by the Chairman for the purpose of identification. FURTHER RESOLVED, that a copy each of the above resolutions be signed by Mr. [•], Director of the Company and be forwarded to WNS (Mauritius) Limited, as a certified copy for their records. RESOLVED FURTHER, that Mr. [___] of the Company be and is hereby authorized to file the amended copy of the Articles of association of the Company and file such others as are required to be filed with the Registrar of Companies, Karnataka.
Amendment of the Articles of Association of the Company. At or before the Closing, Investor shall amend the articles of association of the Company (the “Articles of Association”) so that they are in accordance with the agreed form reflected in Schedule 2, which will include converting the Existing Shares into 18,000 ordinary shares in the capital of the Company, each ordinary share having a nominal value of €1.00.
Amendment of the Articles of Association of the Company. 11.1 The Company undertakes to amend the Articles of Association of the Company in such a manner that, after the amendment of the Articles of Association of the Company, all the shares in the Company will have equal rights, to all intents and purposes, with the exception of that stated in clause 6 above and the decision taken at the General Assembly of the shareholders in the Company, will pass by a regular majority of the shareholders subject to the law.
11.2 The Articles of Association of the Company will also be amended in such a manner that each group of shareholders in the Company which together holds 15% of the issued and paid up share capital of the (including vested options) will have the right to appoint one director on its behalf.
