AMENDMENT TO THE ARTICLES OF ASSOCIATION Sample Clauses

AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 5.1 of the Articles of Association shall be revised to read as follows: “The JV Company’s total amount of investment shall be increased by Six Hundred Million RMB (RMB 600,000,000) from Eight Thousand One Hundred Ninety Four Million Nine Hundred Fifty Thousand RMB (RMB 8,194,950,000) to Eight Thousand Seven Hundred Ninety Four Million Nine Hundred Fifty Thousand RMB (RMB 8,794,950,000), and its registered capital shall be increased by Six Hundred Million RMB (RMB 600,000,000) from Four Thousand Two Hundred Thirty One Million Eight Hundred Forty Thousand RMB (RMB 4,231,840,000) to Four Thousand Eight Hundred Thirty One Million Eight Hundred Forty Thousand RMB (RMB 4,831,840,000). Of the increased amount of registered capital of Six Hundred Million RMB (RMB 600,000,000), each Party shall contribute a cash amount of Three Hundred Million RMB (RMB 300,000,000) to the JV Company’s capital account not later than 15 PRC banking days after the requirements for contribution of the increased registered capital are met (i.e. the Examination and Approval Authority has approved the Articles of Association Amendment No. 9 and the JV Company has provided certified copies of such approval to each of the Parties and the competent department of the State Administration of Foreign Exchange has approved the respective increase of the capital account of the JV Company). It is agreed by the Parties that Art. 5.3 and Art. 5.6 of the Articles of Association shall not apply to the increase of registered capital under the Articles of Association Amendment No. 9.”
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AMENDMENT TO THE ARTICLES OF ASSOCIATION. As part of the merger, three articles of ŞİŞECAM's Articles of Association will be amended: Article 4, "Purpose and Subject", Article 7, "Capital", Article 21, "Amendments to the Articles of Association", once the necessary approvals and permissions are obtained from the Capital Markets Board, Energy Market Regulatory Authority, and other governmental authorities as may be required. Additionally, as being subject to the same approvals and permits, two new articles will be inserted to ŞİŞECAM's Articles of Association: (I) Article 33, "Transfer of Shares or Share Certificates", and (ii) Article 34, “Merger and Demerger Provisions". Concerning these amendments to the Articles of Association, Board Resolutions, draft amendment texts and all other necessary documents will be disclosed through the Public Disclosure Platform. Former Text New Text TÜRKİYE ŞİŞE VE CAM FABRİKALARI ANONİM ŞİRKETİ ARTICLES OF ASSOCIATION TÜRKİYE ŞİŞE VE CAM FABRİKALARI ANONİM ŞİRKETİ ARTICLES OF ASSOCIATION PURPOSE AND SUBJECT Article 4- A) Purpose of the Company: PURPOSE AND SUBJECT Article 4- A) Purpose of the Company:
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 5.1 of the Articles of Association originally reads:
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 15.1 If any of the Parties makes a change in in its Articles of Association that implies a change of the name of the company, assignment, transfer or encumbrance of shares, management or administration changes or any other kind of change that leads to a modification or transfer of the partners' 14/19 SAOGJ 15/000161 liabilities, the other Party shall be notified in no longer than seventy-two (72) hours through a Register of Deeds and Documents.
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 5.2.1(A) of the Articles of Association shall be revised to read as follows: “an amount of RMB cash equal to the difference between Two Thousand and One Hundred Thirty-one Million and Two Hundred Fifty Thousand RMB (RMB 2,131,250,000), on the one hand, and, on the other hand, the value of the land use rights referred to in Section B below. Party A has already contributed Two Hundred Forty-eight Million and Three Hundred Sixty Thousand RMB (RMB 248,360,000) in cash into the capital account of the JV Company on January 18, 2008 and has contributed the land use rights referred to in Section B below at a value of Renminbi two hundred and fifty-eight million three hundred and ninety-two thousand nine hundred and sixty-six (RMB 258,392,966) and shall thus further contribute cash in the amount of Renminbi One Thousand and Six Hundred Twenty-four Million and Four Hundred Ninety Seven Thousand and Thirty Four (RMB 1,624,497,034).”
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 5.1 of the Articles of Association shall be revised to read as follows: “The JV Company’s total amount of investment shall be Seven Thousand and Three Hundred Sixty-four Million and Four Hundred Thirty Thousand RMB (RMB 7,364,430,000), and its registered capital shall be Two Thousand and Nine Hundred Twenty One Million and Eight Hundred Forty Thousand RMB (RMB 2,921,840,000). The registered capital of the JV Company shall be increased in the year 2011 by Five Hundred Sixty Million RMB (RMB 560,000,000), thereby the total registered capital of the JV Company shall be Three Thousand and Four Hundred Eighty One Million and Eight Hundred and Forty Thousand RMB (RMB 3,481,840,000), if so necessitated by the business plan of the JV Company for the year 2011 and the Parties shall subscribe to such capital increase in equal proportion. Concurrently with such increase of the registered capital, the total investment of the JV Company shall be increased to the legally permissible maximum amount.”
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 3.3 of the Articles of Association shall be revised to read as follows: “The legal address of the JV Company shall be Xxxx 000, Xxxxxxxx Xxxxxxxxxxxxx Xxxxxxxx, Xxxxxxxx Road, Changshu City Economic Development Area, Changshu City, Jiangsu Province, PRC.”
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AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 5.1 of the Articles of Association shall be revised to read as follows: “The JV Company’s total amount of investment shall be Six Thousand and Nine Hundred Ninety Four Million and Nine Hundred Fifty Thousand RMB (RMB 6,994,950,000), and its registered capital shall be increased by Five Hundred Sixty Million RMB (RMB 560,000,000) to a total registered capital of Three Thousand and Four Hundred Eighty One Million and Eight Hundred and Forty Thousand RMB (RMB 3,481,840,000). Of the increased amount of Five Hundred Sixty Million RMB (RMB 560,000,000), each Party shall contribute a cash amount of Two Hundred Eighty Million RMB (RMB 280,000,000) to the JV Company’s capital accounts not later than 15 September 2011.”
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 3.2 of the Articles of Association shall be revised to read as follows: “The name of the JV Company shall be in Chinese and Qoros Automotive Co., Ltd. in English.”
AMENDMENT TO THE ARTICLES OF ASSOCIATION. Article 4.2 of the Articles of Association shall be revised to read as follows: “The business scope of the JV Company shall be to produce Motor Vehicles under the Qoros-brand in the PRC; to sell and distribute worldwide Motor Vehicles produced by the JV Company, and the parts, components and accessories thereof; to provide technical services and to deal with technical transactions (subject to an operating license where required by law for the aforesaid business).”
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