Amendments to the Articles of Association. 13.1 The Board is authorised to amend the Articles of Association.
13.2 A resolution by the Board to amend the Articles of Association may only be adopted following consultation with the employers’ organisation and the union. A resolution to amend the Articles of Association shall require a two-thirds majority of the votes cast in a meeting at which at least two thirds of the active Board members are present or represented. If two thirds of the Board members are not present or represented at a meeting in which a resolution to amend these Articles of Association is to be discussed, a second meeting shall be convened, to be held no earlier than two weeks and no later than four weeks after the first meeting. At this second meeting, irrespective of the number of Board members present or represented, a valid resolution with respect to the proposal presented for discussion at the first meeting may be adopted, provided that the Board does so with a two-thirds majority of the votes cast.
13.3 A copy of the proposal, containing the verbatim text of the proposed amendment, shall be attached to the notice of the meeting at which an amendment of the Articles of Association is to be discussed.
13.4 A notarial deed shall be drawn up of an amendment of these Articles of Association. Each Board member severally shall be authorised to have said deed executed.
Amendments to the Articles of Association. The amendment to the Articles of Association shall be unanimously agreed and decided by the Board and submitted to the registeration authority for approval.
Amendments to the Articles of Association. These Articles of Association shall not be amended unless it is approved by a general assembly resolution approved by Shareholders holding not less than [75]10% of the capital.
Amendments to the Articles of Association. The key elements of these amendments would include (without limitation): • deletion of the Priority Shares; • deletion of the Preferred A Shares; • any other reasonable changes required in connection with the financing of the Offer; and • any other amendments reasonably requested by the Offeror
Amendments to the Articles of Association. The General Meeting resolved that the Articles of Association of the company shall henceforth be worded as follows:
Amendments to the Articles of Association. Madde 12 Xxx Sözleşme Değişikliği
Amendments to the Articles of Association. (i) Prior to filing of the draft red xxxxxxx prospectus in relation to the IPO, the Company shall, and the other Parties shall cooperate with the Company to, amend the Articles of Association such that, subject to the approval of the RBI and the shareholders of the Company, the Articles of Association: (a) will be presented in two parts, of which the first part shall conform to requirements and directions provided by the Stock Exchanges,(as amended by this Waiver cum Amendment Agreement) (hereinafter referred to as “Part A” of the Articles of Association) and the second part shall contain the extant Articles of Association, which comprise of the rights of shareholders of the Company as contained in the Shareholders’ Agreement (hereinafter referred to as “Part B” of the Articles of Association); and (b) shall adequately reflect the provisions of this Waiver cum Amendment Agreement.
(ii) As on the date of filing of the red xxxxxxx prospectus in relation to the IPO, Part B of the Articles of Association shall automatically stand deleted, shall not have any force and shall be deemed to be removed from the Articles of Association, and the provisions of the Part A of the Articles of Association shall automatically come into effect and be in force, without any further corporate or other action by the Parties, provided, however, that, in the event the Equity Shares of the Bank are not admitted to listing and trading on the Exchange(s) pursuant to the IPO within forty-five (45) days from the date of filing of the red xxxxxxx prospectus with the Registrar of Companies, the Parties undertake to promptly take all such actions, and do all such things (including convening the meetings of the Board and shareholders), as may be necessary to ensure that Part B of the Articles of Association is reinstated with immediate effect.
Amendments to the Articles of Association. The Beneficiary undertakes not to amend and to ensure that the other Group companies do not make amendments to their articles of association that might give rise to a loss for reasons of the Bank pursuant to the Financial Documents without the Bank’s prior consent, apart from any amendments required by law.
Amendments to the Articles of Association. 3.1 Upon the execution of this agreement, the parties shall sign the Articles of Association of Shanghai Hyperlink (hereafter as "new Articles of Association"). The parties agree that when the new Articles of Association is being registered with the Industry and Commerce Administration Bureau, the Board of Directors of Shanghai Hyperlink is set up according to the new Articles of Association to allow adjustment in the management staff.
3.2 The parties agree that after this equity transfer, the Board of Directors of Shanghai Hyperlink consists of 5 members, with 3 of them nominated by the Buyer and the other 2 nominated respectively by Xxx Xxx and Lu Qinyong.
Amendments to the Articles of Association. Each Security Holder must exercise all powers and rights available to that Security Holder to procure the amendment of the articles of association of each Group Company to procure the adoption or amendment of the articles of association and the constitution of each Group Company to the extent necessary to give effect to the provisions of this Agreement.
