VARIATION OF RIGHTS. Subject to paragraph 8 and the terms of issue of a preference share as determined by the Directors, the rights attaching to a preference share may only be varied or cancelled by a Special Resolution of the Company and: (a) by a Special Resolution passed at a meeting of preference shareholders entitled to vote and holding shares in that class; or (b) with the written consent of holders of at least 75% of the issued shares of that class.
Appears in 3 contracts
Samples: Business Combination Agreement (Nabors Energy Transition Corp.), Business Combination Agreement (Nabors Energy Transition Corp.), Business Combination Agreement (Vast Solar Pty LTD)
VARIATION OF RIGHTS. Subject to paragraph 8 and the terms of issue of a preference share Share as determined by the Directors, the rights attaching to a preference share Share may only be varied or cancelled by a Special Resolution special resolution of the Company and:
(a) by a Special Resolution special resolution passed at a meeting of preference shareholders Shareholders entitled to vote and holding shares Shares in that class; or
(b) with the written consent of holders of at least 75% of the issued shares Shares of that class.
Appears in 1 contract
Samples: Constitution
