Common use of Variation of Rights of Shares Clause in Contracts

Variation of Rights of Shares. 62. Subject to the provisions of these Articles, if at any time the share capital of the Company is divided into different Classes, 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, modified or abrogated with the consent in writing of the holders of a majority of the issued Shares of that Class, or with the sanction of an Ordinary Resolution passed at a general meeting of the holders of the Shares of that Class.

Variation of Rights of Shares. 6261. Subject to the provisions of these Articles, if at any time the share capital of the Company is divided into different Classes, the rights attached to any Class class (unless otherwise provided by the terms of issue of the Shares of that Classclass) may, whether or not the Company is being wound up, be varied, modified or abrogated with the consent in writing of the holders of [a majority majority] of the issued Shares of that Class, or with the sanction of [an Ordinary Ordinary] Resolution passed at a general meeting of the holders of the Shares of that Class.

Variation of Rights of Shares. 6261. Subject to the provisions of these Articles, if at any time the share capital of the Company is divided into different Classes, the rights attached to any Class class (unless otherwise provided by the terms of issue of the Shares of that Classclass) may, whether or not the Company is being wound up, be varied, modified or abrogated with the consent in writing of the holders of a majority of the issued Shares of that Class, or with the sanction of an Ordinary Resolution passed at a general meeting of the holders of the Shares of that Class.