Common use of VARIATION OF RIGHTS Clause in Contracts

VARIATION OF RIGHTS. Subject to Clause 7.3(h) hereof, if at any time the Shares are divided into different classes, the rights attached to any class may only be varied, whether or not the Company is in liquidation, with the consent in writing of or by a resolution passed at a meeting by the holders of at least a majority of the issued Shares in that class.

Appears in 5 contracts

Samples: Shareholders’ Agreement (Le Gaga Holdings LTD), Shareholders Agreement (Le Gaga Holdings LTD), Series B1 Preferred Share Subscription Agreement (Le Gaga Holdings LTD)

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VARIATION OF RIGHTS. Subject to Clause 7.3(h) hereof, if If at any time the Shares are divided into different classes, the rights attached to any class may only be varied, whether or not the Company is in liquidation, with the consent in writing of or by a resolution passed at a meeting by the holders of at least a majority not less than 50 percent of the issued Shares in that class.

Appears in 1 contract

Samples: Shareholders Agreement (Agria Corp)

VARIATION OF RIGHTS. Subject to Clause 7.3(h) hereof, if If at any time the Shares are divided into different classes, the rights attached to any class may only be varied, whether or not the Company is in liquidation, with the consent in writing of or by a resolution passed at a meeting by the holders of at least not less than a majority of the issued Shares in that class.

Appears in 1 contract

Samples: Restructuring Agreement (Michael Kors Holdings LTD)

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VARIATION OF RIGHTS. Subject to Clause 7.3(h) hereof, if If at any time the Shares are divided into different classes, the rights attached to any class may only be varied, whether or not the Company is in liquidation, with the consent in writing of or by a resolution passed at a meeting by the holders of at least a majority not less than seventy-five (75) percent of the issued Shares in that class.

Appears in 1 contract

Samples: Business Combination Agreement (AGBA Group Holding Ltd.)

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