SHARE RIGHTS. 3.1 Subject to any special rights conferred on the holders of any share or class of shares, any share in the Company may be issued with or have attached thereto such preferred, deferred, qualified or other special rights or such restrictions, whether in regard to dividend, voting, return of capital or otherwise, as the Company may by Resolution determine or, if there has not been any such determination or so far as the same shall not make specific provision, as the Board may determine.
SHARE RIGHTS. The provisions regulating the rights and obligations attaching to the Common Shares and the Preference Shares are set out in the Newco Bye-laws. CLAUSE 21
SHARE RIGHTS. 59. Subject to the provisions of applicable Law, Designated Stock Exchange Rules, the Memorandum and these Articles and to any special rights conferred on the holders of any Shares or Class of Shares, any Share in the Company (whether forming part of the present capital or not) may be issued with or have attached thereto such rights or restrictions whether in regard to dividend, voting, return of capital or otherwise as the Board may determine, including without limitation on terms that they may be, or at the option of the Company or the holder are, liable to be redeemed on such terms and in such manner, including out of capital, as the Board may deem fit.
SHARE RIGHTS. (a) At the Effective Time:
SHARE RIGHTS. The Subscription Shares shall have the rights as set out in the Articles of Association.
SHARE RIGHTS. 21.1 The Shareholders agree that the Common Shares and the Preferred Shares shall be separate classes of shares and shall carry the respective rights and be subject to the restrictions on the transfer and distribution of assets provided in the Newco Memorandum of Association and Bye-laws and as set forth in this Agreement.
SHARE RIGHTS. The following is a summary of the terms of the capital stock of Newco. This summary does not purport to be complete and is qualified in all respects by reference to the Newco By-laws, which are hereby incorporated by reference. Each share of Common Stock is entitled to one vote on all matters on which the stockholders of Newco are entitled to vote. Subject to the Bermuda Companies Act of 1981 (or any successor legislation), shares of Preferred Stock shall not be entitled to vote on any matters brought before the shareholders of Newco. At any time after to the second anniversary of the date hereof each share of Preferred Stock may be converted into shares of Common Stock at a one-for-one ratio, subject to adjustment for stock splits, stock dividends and similar events. The Preferred Stock and the Common Stock rank pari passu with respect to the payment of dividends, which shall be paid to the holders thereof on a pro rata basis. Upon any liquidation, dissolution or winding up of Newco or the sale of substantially all of the assets of Newco, or the merger of Newco with and into another Person, the Preferred Stock shall rank prior to the Common Stock and the holders of Preferred Stock shall be entitled to be paid, prior to any distribution to any holders of Common Stock, an amount in cash equal the aggregate purchase price paid by the Stockholders for the Preferred Stock, pursuant to Clause 4.41 hereof. CLAUSE 22
SHARE RIGHTS. Prior to the Pledge becoming enforceable, the Buyers will have all rights, powers, privileges and preferences pertaining to the Collateral, including the right to vote the Pledged Shares on all matters on which they are entitled to vote, and the right to receive, retain, use and otherwise deal with any and all dividends free and clear of the Pledge.
SHARE RIGHTS. 4.1 Until the security constituted by this Deed becomes enforceable, the Chargor shall be entitled to exercise any voting rights in respect of the Mortgaged Shares provided that the Chargor will not exercise, or permit the exercise of, voting rights in respect of any of the Mortgaged Shares in such manner as will, in the opinion of the Chargee, contravene any of the provisions of, or jeopardise any of the security created by this Deed and the Settlement Agreement.
SHARE RIGHTS. (a) At the Effective Time, the memorandum of association and the articles of association of the Surviving Company shall be amended and restated by their deletion in their entirety and the substitution in their place of the amended and restated memorandum and articles of association in the form annexed hereto as Schedule 2 (the M&A).
