Special Rights or Restrictions. Subject to the Business Corporations Act, the Company may: (1) by directors’ resolution or by ordinary resolution, in each case as determined by the directors, create special rights or restrictions for, and attach those special rights or restrictions to, the shares of any class or series of shares, if none of those shares have been issued; or vary or delete any special rights or restrictions attached to the shares of any class or series of shares, if none of those shares have been issued (2) by special resolution of the shareholders of the class or series affected, do any of the acts in (1) above, if any of the shares of the class or series of shares have been issued.
Appears in 4 contracts
Samples: Acquisition Agreement, Business Combination Agreement, Acquisition Agreement
Special Rights or Restrictions. Subject to the Business Corporations Act, the Company may:
(1) by directors’ resolution or by ordinary resolution, in each case as determined by the directors, create special rights or restrictions for, and attach those special rights or restrictions to, the shares of any class or series of shares, if none of those shares have been issued; or vary or delete any special rights or restrictions attached to the shares of any class or series of shares, if none of those shares have been issued
(2) by special resolution of the shareholders of the class or series affected, do any of the acts in (1) above, if any of the shares of the class or series of shares have been issued.issued.
Appears in 2 contracts
Samples: Amalgamation Agreement, Business Combination Agreement
