Common use of Class Vote Clause in Contracts

Class Vote. At any time when shares of Series A Preferred Stock are outstanding, without the approval of the holders representing at least a majority of the shares of Series A Preferred Stock then outstanding, given in writing or by vote at a meeting, consenting or voting (as the case may be) separately as a class, the Corporation shall not amend or repeal any provision of, or add any provision to, this Amended and Restated Certificate of Incorporation if such action would alter, change or affect adversely the rights, preferences, privileges or powers of, or the restrictions provided for the benefit of, the Series A Preferred Stock.

Appears in 2 contracts

Samples: Merger Agreement (Argyle Television Inc), Merger Agreement (Hearst Corp)

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Class Vote. At any time when shares of Series A B Preferred Stock are outstanding, without the approval of the holders representing at least a majority of the shares of Series A B Preferred Stock then outstanding, given in writing or by vote at a meeting, consenting or voting (as the case may be) separately as a class, the Corporation shall not amend or repeal any provision of, or add any provision to, this Amended and Restated Certificate of Incorporation if such action would alter, change or affect adversely the rights, preferences, privileges or powers of, or the restrictions provided for the benefit of, the Series A B Preferred Stock.

Appears in 2 contracts

Samples: Merger Agreement (Argyle Television Inc), Merger Agreement (Hearst Corp)

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