PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION Sample Clauses

PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION. As the shareholding structure of the Company will be changed upon completion of the Acquisition, the Board proposes to amend Articles 18 and 21 of the Articles of Association to reflect changes to the registered capital and the number of issued shares (amendments shown by way of underline). To amend the original Article 18 of the Articles of Association as follows:
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PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION. The proposed amendments to the Articles of Association of the Company are made to comply with the recent requirements of the China Securities Regulatory Commission and Guangdong Securities Regulatory Bureau to further enhance the profit distribution policy of the Company. A circular containing, among other things, the advice of the independent financial adviser and the recommendations of the independent board committee, will be dispatched to the H Shareholders and posted on the website of Hong Kong Stock Exchange xxx.xxxxxxxx.xxx.xx, the website of the Shanghai Stock Exchange xxx.xxx.xxx.xx and the website of the Company xxx.xxxxxxxx.xxx within 15 business days from date of this announcement.
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PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION. The proposed amendments to the Articles of Association of the Company are made to comply with the recent requirements of China Securities Regulatory Commission and Guangdong Securities Regulatory Bureau to further enhance the profit distribution policy of the Company. According to the Articles of Association and the relevant laws and regulations, the proposed amendments are subject to the approval of the Shareholders of the Company by way of special resolution at the EGM. Further, the proposed amendments will become effective after the relevant procedures for the approval and/or registration or filing in the PRC have been completed. The proposed amendments to the Articles of Association are set out as follows:— The original Article 215 is as follows: “It is the Company’s profit distribution policy that importance shall be attached to reasonable return for investors; dividends may be distributed in form of cash or shares; and sustainability and stability shall be maintained. Subject to the annual profit and cash flow of the Company being able to satisfy normal operation and development of the Company, accumulated profits distributed in last three years in cash shall be no less than 30% of average annual distributable profits in the last three years.” The original Article 215 shall be amended as follows: “The Company’s profit distribution policy is that:
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PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION. The Board resolved to amend the relevant articles (i) in order to reflect the business scope of the Company accurately and to maintain the consistency between the business license of the Company and the Articles of Association; (ii) in relation to the general description of the share capital of the Company; and (iii) relating to the profit distribution in the Articles of Association.
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PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION. The Board resolved to amend the relevant articles (i) in order to reflect the business scope of the Company accurately and to maintain the consistency between the business license of the Company and the Articles of Association, and (ii) in relation to the general description of the share capital of the Company. In addition, in order to further implement the requirements pursuant to Notice regarding Further Implementation of Cash Dividends Distribution of Listed Companies (xxxxx xxxx fa [2012] No. 37)”( 關於進一步落實上市公司現金分紅有關事項的通知) ( 證監發[2012]37 號) promulgated and issued by China Securities Regulatory Commission and “Notice on Forwarding the Notice regarding Further Implementation of Cash Dividends Distribution of Listed Companies (Xxx Xxxxx Xxxx Xx [2012] No. 81)” ( 關於轉發《關於進一步落實上市公司現金分紅相關事項的通知》的通知) （贛證監發[2012]81 號）issued by The Jiangxi Securities Regulatory Bureau ( 江西證監局), the Board resolved to amend the relevant articles relating to the profit distribution in the Articles of Association. The details of the Proposed Amendments are as follow:
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PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION. The Board proposed to make certain amendments to the Articles of Association, to take effect subject to and upon completion of the Proposed Subscription in order to reflect the latest registered capital and shareholding structure of the Company as a result of the issue of the new Domestic Shares. The proposed amendments to the Articles of Association are subject to the approval by the Shareholders by way of a special resolution at the EGM and registration and filing with the relevant PRC government authorities. Further information in respect of the proposed amendments to the Articles of Association will be set out in the circular to be issued by the Company in connection with the Proposed Subscription. EGM The EGM will be convened to consider and, if thought fit, approve the Proposed Subscription and the proposed amendments to the Articles of Association. The Proposed Subscription and the proposed amendments to the Articles of Association will be proposed by way of special resolutions at the EGM. The Parent Company is required to abstain from voting in respect of the above resolutions to be proposed at the EGM.
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PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION. The Board proposed to make certain amendments to the Articles of Association, to take effect subject to and upon completion of the Proposed Subscription in order to reflect the latest registered capital and shareholding structure of the Company as a result of the issue of the new Domestic Shares. The proposed amendments to the Articles of Association are subject to approval by the Shareholders by way of a special resolution at the EGM, and the registration and filing with the relevant PRC government authorities. Further information in respect of the proposed amendments to the Articles of Association will be set out in the circular to be issued by the Company in connection with the Proposed Subscription.
Sample 1
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Related to PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

  • Amendments to the Agreement Except to the extent permitted by the Investment Company Act or the rules or regulations thereunder or pursuant to exemptive relief granted by the SEC, this Agreement may be amended by the parties only if such amendment, if material, is specifically approved by the vote of a majority of the outstanding voting securities of the Portfolio (unless such approval is not required by Section 15 of the Investment Company Act as interpreted by the SEC or its staff or unless the SEC has granted an exemption from such approval requirement) and by the vote of a majority of the Independent Trustees cast in person at a meeting called for the purpose of voting on such approval. The required shareholder approval shall be effective with respect to the Portfolio if a majority of the outstanding voting securities of the Portfolio vote to approve the amendment, notwithstanding that the amendment may not have been approved by a majority of the outstanding voting securities of any other Portfolio affected by the amendment or all the Portfolios of the Trust.

  • Amendment of Bidding Documents 10.1 Before the deadline for submission of bids, the Employer may modify the bidding documents by issuing addenda.

  • Proposed Amendments All proposed amendments to the ISO Agreement must be filed with the Commission.

  • Adoption of Subsequent Orders to Incorporate Terms That a State Mortgage Regulator, if deemed necessary under the laws and regulations of the corresponding Participating State, may issue a separate administrative order to adopt and incorporate the terms and conditions of this Agreement. A State Mortgage Regulator may sua sponte issue such subsequent order without the review and approval of Respondent provided the subsequent order does not amend, alter, or otherwise change the terms of the Agreement. In the event a subsequent order amends, alters, or otherwise changes the terms of the Agreement, the terms of the Agreement, as set forth herein, will control.

  • Amendments; Waiver This Agreement may be amended by the parties hereto and the terms and conditions hereof may be waived only by an instrument in writing signed on behalf of each of the parties hereto, or, in the case of a waiver, by an instrument signed on behalf of the party waiving compliance.

  • Modifications to the Agreement This Agreement constitutes the entire understanding of the parties on the subjects covered. The Employee expressly warrants that he or she is not executing this Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company.

  • AGREEMENT AMENDMENTS This Agreement may be amended at any time by written instrument duly approved by the President or President's designee and accepted by Faculty Member; provided, however, no such written instrument shall be required for any increase in Faculty Member's salary or any improvement to the fringe benefits of Faculty Member's employment, or for promotion in rank, any of which may be accomplished at any time by official action of the Board of Regents of the University of Nebraska (Board) without the necessity for written modification or amendment of this Agreement. This Agreement and Appendix “A” attached hereto constitute the entire agreement between the parties. This Agreement supersedes all previous agreements between or among the parties. There are no agreements, representations or warranties between or among the parties other than those set forth in this Agreement or the documents and agreements referred to in this Agreement.

  • Amendments and Waiver No modification of or amendment to this Agreement shall be valid or binding unless set forth in writing and duly executed by both of the parties hereto and no waiver of any breach of any term or provision of this Agreement shall be effective or binding unless made in writing and signed by the party purporting to give the same and, unless otherwise provided, shall be limited to the specific breach waived.

  • Clarification of Bidding Documents 10.1 The prospective bidder requiring any clarification of the bidding documents may notify the Employer in writing or by cable (hereinafter the term cable is deemed to include telex, email and facsimile) at the Employer’s mailing address indicated in the Bidding Data.

  • Annexes to the Agreement The Annexes to this Agreement shall form an integral part thereof.

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