Common use of PARAMOUNT EFFECT OF SHAREHOLDERS AGREEMENT Clause in Contracts

PARAMOUNT EFFECT OF SHAREHOLDERS AGREEMENT. 1.1. To the extent not prohibited by the Act the provisions of the Shareholders Agreement are hereby incorporated into the Articles and, for the avoidance of doubt and without limiting the generality of this Regulation 1: (a) notwithstanding anything contained in these Articles, if the Shareholders Agreement prohibits an act being done, the act shall not be done; and (b) nothing contained in these Articles prevents an act being done that the Shareholders Agreement requires to be done. 1.2. To the extent not prohibited by the Act if any provision of these Articles is or becomes inconsistent with the Shareholders Agreement, the Shareholders Agreement shall prevail.