Common use of Variation of Rights of Shares Clause in Contracts

Variation of Rights of Shares. 12. If at any time the share capital of the Company is divided into different classes of shares, the rights attached to any class (unless otherwise provided by the terms of issue of the shares of that class) may, whether or not the Company is being wound-up, be varied only in accordance with Section 7.2.3 of the Memorandum.

Appears in 3 contracts

Samples: Preferred Share Purchase Agreement, Series a Preferred Share Purchase Agreement (Trina Solar LTD), Series a Preferred Share Purchase Agreement (Trina Solar LTD)

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Variation of Rights of Shares. 12. 6.1 (a) If at any time the share capital of the Company is divided into different classes or series of shares, the rights attached to any class or series (unless otherwise provided by the terms of issue of the shares of that class) may, whether or not the Company is being wound-up, be varied only and amended with the consent in accordance with Section 7.2.3 writing of the Memorandumholders of all of the issued shares of that class or series, or with the sanction of a Special Resolution passed at a separate general meeting of the holders of such class or series.

Appears in 3 contracts

Samples: The Agreement and Plan of Merger and Exchange Agreement (Veritas DGC Inc), Agreement and Plan of Merger and Exchange Agreement (Petroleum Geo Services Asa), The Agreement and Plan of Merger and Exchange Agreement (Petroleum Geo Services Asa)

Variation of Rights of Shares. 12. 10.1 If at any time the share capital of the Company is divided into different classes of sharesShares, the rights attached to any class (unless otherwise provided by the terms of issue of the shares Shares of that class) may, whether or not the Company is being wound-up, be varied only with the consent in accordance with Section 7.2.3 writing of the Memorandumholders of 70% of the issued and outstanding Shares of that class.

Appears in 1 contract

Samples: Equity Subscription Agreement (MK Arizona Corp.)

Variation of Rights of Shares. 1222. If Subject to Article 8, if at any time the share capital of the Company is divided into different classes of sharesShares, the rights attached to any class (unless otherwise provided by the terms of issue of the shares Shares of that class) may, whether or not the Company is being wound-up, be varied only with the consent in accordance with Section 7.2.3 writing of the Memorandumholders of a majority of the issued and outstanding Shares of that class.

Appears in 1 contract

Samples: Agora, Inc.

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Variation of Rights of Shares. 12. 20 If at any time the share capital of the Company is divided into different classes of sharesShares, the rights attached to any class (unless otherwise provided by the terms of issue of the shares Shares of that class) may, whether or not the Company is being wound-wound up, be varied only with the consent in accordance with Section 7.2.3 writing of the Memorandumholders of three-quarters of the issued Shares of that class, or with the sanction of a Special Resolution passed at a general meeting of the holders of the Shares of that class.

Appears in 1 contract

Samples: Shareholders Agreement (Qihoo 360 Technology Co LTD)

Variation of Rights of Shares. 12. 9.1 If at any time the share capital of the Company is divided into different classes of sharesShares, the rights attached to any class (unless otherwise provided by the terms of issue of the shares Shares of that class) may, whether or not the Company is being wound-wound up, be varied only with the consent in accordance with Section 7.2.3 writing of the Memorandumholders of three-quarters of the issued Shares of that class, or with the sanction of a Special Resolution passed at a general meeting of the holders of the Shares of that class.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (Hennessy Capital Acquisition Corp IV)

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