Class rights. Whenever the capital of the Company is divided into different Classes, the rights attached to any such Class may (unless otherwise provided by the terms of issue of the Shares of that Class) only be materially and adversely varied or abrogated with the consent in writing of the holders of not less than a majority of the issued shares of the relevant Class, or with the sanction of a resolution passed at a separate meeting of the holders of the shares of such Class, by a majority of the votes cast at such a meeting, but not otherwise, provided that the rights attached to the Series A Preferred Shares may only be materially and adversely varied or abrogated with the consent in writing of the holders of no less than sixty-six and two-thirds percent (662/3%) of the issued Series A Preferred Shares or with the sanction of a resolution passed at a separate meeting of the of the holders of the Series A Preferred Shares by sixty-six and two-thirds percent (662/3%) of the votes cast at such meeting . To every such separate meeting all the provisions of these Articles relating to general meetings of the Company or to the proceedings thereat shall, mutatis mutandis, apply, except that the necessary quorum shall be one or more persons at least holding or representing by proxy a majority in nominal or par value amount of the issued shares of the relevant Class (but so that if at any adjourned meeting of such holders a quorum as above defined is not present, those Members who are present shall form a quorum) and that, subject to the terms of issue of the shares of that Class, every Member of the Class shall on a poll have one vote for each share of the Class held by him.
Class rights. Section 1 - CLASS REPRESENTATIVES The CLASS President(s) will furnish to the BOARD, upon request, the names of the principle officers, and authorized representatives.
Class rights. 60.7.1 The levels of accuracy for Metering Equipment at points of connection of Second Tier Customers taking up to (and including) 100kW of demand and at new points of connection between two or more Distribution Systems were not set as at 1st April, 1993 and shall be as specified by the Executive Committee subject to the consent of any relevant class of Pool Members.
60.7.2 The levels of accuracy for Metering Equipment at points of connection of Non-Pooled Generators shall be as specified by the Executive Committee subject to the consent of any relevant class of Pool Members."
60.7.3 Any change to the standards of accuracy of Metering Equipment required for Second Tier Customers up to (and including) 100kW before 31st March, 1998 shall be a change to the class rights of Suppliers.
60.7.4 Any change to the standards of accuracy of Metering Equipment required for Non-Pooled Generators shall be a change to the class rights of Suppliers.
Class rights. The Platform is evolving and the form, nature, and/or functionality of the Platform may change from time to time without prior notice to you. In addition, Class may stop (permanently or temporarily) providing the Platform (or any features within the Platform) to you or to Users generally and may not be able to provide you with prior notice. All right, title, and interest in and to the Platform (excluding Content provided by Users or other third parties) are and will remain the exclusive property of Class and its licensors. The Platform is protected by copyright, trademark, and other laws of both the United States and foreign countries. Nothing in the Terms gives you a right to use the Class name or any of the Class trademarks, logos, domain names, and other distinctive brand features.
Class rights. Notwithstanding the powers granted to a Manager under the Act, the appointment and removal of a Manager as provided in Section 3.4 is reserved to the Members acting as separate classes, requiring the affirmative action of Members owning a majority of the Class A or Class B Ownership Interests (as the case may be) held by all Members.
Class rights. 4.1 No variation of the rights attaching to the Non-Voting Ordinary Shares shall be effective except with the sanction of a special resolution of the holders of the Non- Voting Ordinary Shares. Where a special resolution to vary the rights attaching to the Non- Voting Ordinary Shares is proposed at a separate general meeting of the holders of Non- Voting Ordinary Shares, all the provisions of the Articles as to general meetings of the Company shall mutatis mutandis apply, but so that the necessary quorum shall be the holders of the Non-Voting Ordinary Shares (representing more than 50% of the Non-Voting Ordinary Shares) present in person or by proxy or (being a corporation) by a duly authorised representative. For these purposes, one holder present in person or by proxy or (being a corporation) by a duly authorised representative may constitute a meeting.
4.2 Each of the following shall be deemed to constitute a variation of the rights attached to the Non-Voting Ordinary Shares (which shall not be an exhaustive list):
Class rights. The special rights and restrictions attached to and imposed on the A Shares, the B Shares and the C Shares respectively are as follows:
3.1 Subject to article 3.2, A Shares and B Shares shall rank pari passu as one class in respect of any dividends paid and no dividends shall be declared or paid on the A Shares and B Shares without the prior written consent of the Majority Investors.
3.2 No dividends shall be declared and no dividend shall be paid on the A Shares and B Shares unless and until the holders of C Shares, as a class, have received a dividend in the aggregate sum of £50,000.
Class rights. (a) Subject to the Corporations Act and this Constitution, the directors may issue any Security with any preferred, deferred or other special rights or restrictions as to dividends, voting, return of capital, payment of calls or otherwise as the directors determine.
(b) Subject to this rule 2.2 and the Corporations Act, the Company may by resolution convert or reclassify any Securities. Any amount unpaid on the Securities being converted must be divided equally among the replacement Securities.
(c) Subject to the Corporations Act and the terms of issue of any class of Securities, any right attaching to Securities in that class may be cancelled, abrogated or varied:
(i) by a special resolution passed at a separate meeting of the holders of the issued Securities of that class; or
(ii) with the consent in writing of the holders of 75% of the issued Securities of that class.
(d) Any right attaching to Securities of any class issued with preferred or other rights will not be abrogated or varied by the creation or issue of further Securities ranking equally with those Securities.
(e) The provisions of the Corporations Act and this Constitution relating to special resolutions and meetings of the Company apply to a special resolution or meeting referred to in rule 2.2(c) with any necessary modifications.
Class rights. The levels of accuracy for Metering Equipment at points of connection of Stage 1 Customers and at new points of connection between two or more Distribution Systems shall be as specified by the Executive Committee subject to the consent of any relevant class of Pool Members.
