No Inconsistent Amendments. For so long as the Investor has the right to designate an Investor Director, the Company shall not amend or seek to amend the Memorandum and Articles in any manner (or take any other action) that would adversely affect in any material respect the Investor’s rights under this ARTICLE 2 or the Company’s ability to comply with its obligations under this ARTICLE 2. In addition, the Company and the Board shall ensure, to the extent lawful, at all times that the Memorandum and Articles and other by-laws and corporate governance policies and guidelines of the Company are not at any time inconsistent with this ARTICLE 2.
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Sources: Investor Rights Agreement (Secoo Holding LTD), Investor Rights Agreement (Qudian Inc.)
No Inconsistent Amendments. For so long as the Investor has the right to designate an Investor DirectorDirector and except as otherwise required by Applicable Law, the Company shall not amend or seek to amend the its Memorandum and Articles in any manner (or take any other similar action) ), and the Founder Parties agree not to take any action, that would adversely affect in any material respect the Investor’s rights under this ARTICLE Article 2 or the Company’s ability to comply with its obligations under this ARTICLE 2. In addition, the Company and the Board shall ensure, to the extent lawful, at all times that the Memorandum and Articles and other by-laws and corporate governance policies and guidelines of the Company are not at any time inconsistent with this ARTICLE Article 2.
Appears in 1 contract
No Inconsistent Amendments. For so long as the Investor has the right to designate an Investor DirectorDirector and except as otherwise required by Applicable Law, the Company shall not amend or seek to amend the its Memorandum and Articles in any manner (or take any other similar action) ), and the Founder Parties agree not to take any action, that would adversely affect in any material respect the Investor’s rights under this ARTICLE Article 2 or the Company’s ability to comply with its obligations under this ARTICLE 2. In addition, the Company and the Board shall ensure, to the extent lawful, at all times that the Memorandum and Articles and other by-laws and corporate governance policies and guidelines of the Company are not at any time inconsistent with this ARTICLE Article 2.
Appears in 1 contract
No Inconsistent Amendments. For so long as the Investor has the right to designate an Investor Director, the Company shall not amend or seek to amend the Memorandum its Articles and Articles Bylaws in any manner (or take any other similar action) ), and the Founder Parties agree not to take any action, that would adversely affect in any material respect the Investor’s rights under this ARTICLE Article 2 or the Company’s ability to comply with its obligations under this ARTICLE 2. In addition, the Company and the Board shall ensure, to the extent lawful, at all times that the Memorandum and Articles and other by-laws and corporate governance policies and guidelines of the Company are not at any time inconsistent with this ARTICLE Article 2.
Appears in 1 contract
Sources: Investor Rights Agreement (China Jo-Jo Drugstores, Inc.)