Changes to Articles. Subject to the Act and to the conditions contained in its Memorandum of Association, these Articles shall not be varied or abrogated except with Series A Majority Consent (provided that if such variation or abrogation would disproportionately, materially and adversely affect any rights of a Series A Shareholder, as compared to the rights of the other Series A Shareholders, then the consent of any affected Series A Shareholder shall be required, provided such Series A Shareholder holds more than 2 % of all Series A Shares then in issue) and by Special Resolution.
Appears in 2 contracts
Sources: Business Combination Agreement (Maywood Acquisition Corp.), Business Combination Agreement (Maywood Acquisition Corp.)