Class A6 Shares definition
Examples of Class A6 Shares in a sentence
On Closing, the Shares of the Company shall, in addition to the aforesaid, also comprise of Class A4 Shares, Class A5 Shares, Class A6 Shares and Class A7 Shares.
A Class A6 Shareholder shall not be entitled to vote at any Meeting of the Company on any matter to be considered by Shareholders generally unless the matter relates to: (a) the amendment of this Agreement or the Constitution, as the case may be; (b) the winding-up and/or liquidation of the Company; or (c) modification, alteration or abrogation of any rights or privileges attached to the Class A6 Shares.
The number of shares of the Target Company held by the Company that is allocated to the relevant holder of Class A Shares, Class A2 Shares and Class C Shares (considered as a whole) and each of Class A3 Shares, Class A4 Shares, Class A5 Shares, Class A6 Shares, Class A7 Shares and Class B Shares, as of the date of reclassification of the share capital of the Company shall be as set out in Part B of Schedule 3.
If Class A6 Shares are divided into series then each Class A6 Shareholder shall have the right to subscribe on a pro-rata basis to such new series of Class A6 Shares on such terms and conditions as may be approved by the Board and Class A6 Shareholders by passing a unanimous resolution, as applicable.
Any modification, alteration or abrogation of any rights or privileges attached to the Class A6 Shares shall require the unanimous consent of all Class A6 Shareholders, provided that no modification or alteration of terms of the Class A6 Shares shall have the effect of according any voting rights to the Class A6 Shareholders or alter or impact the economic rights of any other Class of Shares, unless the Samara Investment Manager has consented to the same.
Holders of each of Class A6 Shares and Class A7 Shares shall have the right to nominate an observer on the board of the Company (collectively, the “New Investor Observers”).