Common use of Authorised Share Capital Clause in Contracts

Authorised Share Capital. the Issuer has or, prior to the Closing Date will have, sufficient authorised but unissued share capital to satisfy the issue of such number of New Shares as would be required to be issued on conversion of all the Subscription Securities at the initial conversion price and shall maintain at all times sufficient authorised but unissued share capital to satisfy the issue of sufficient New Shares at the prevailing conversion price of the Subscription Securities;

Appears in 5 contracts

Samples: Subscription Agreement (Semiconductor Manufacturing International Corp), Subscription Agreement (Semiconductor Manufacturing International Corp), Agreement (Xinxin (Hong Kong) Capital Co., LTD)

AutoNDA by SimpleDocs

Authorised Share Capital. the Issuer has or, prior to the Closing Date will have, sufficient authorised but unissued share capital to satisfy the issue of such number of New Shares as would be required to be issued on conversion of all the Subscription Securities Bonds at the initial conversion price and shall maintain at all times sufficient authorised but unissued share capital to satisfy the issue of sufficient New Shares at the prevailing conversion price of the Subscription SecuritiesBonds;

Appears in 4 contracts

Samples: Subscription Agreement (Datang Telecom Technology & Industry Holdings LTD), Subscription Agreement (China Investment Corp), Subscription Agreement

Authorised Share Capital. the Issuer has or, prior to the Closing Date will have, sufficient authorised but unissued share capital to satisfy the issue of such number of New Shares as would be required to be issued on conversion of all the Subscription Securities Bonds at the initial conversion price and shall maintain at all times sufficient authorised but unissued share capital to satisfy the issue of sufficient New Shares at the prevailing conversion price of the Subscription SecuritiesBonds;

Appears in 3 contracts

Samples: Agency Agreement, Subscription Agreement (Semiconductor Manufacturing International Corp), Execution

Authorised Share Capital. the Issuer has or, prior to the each Closing Date will have, sufficient authorised but unissued share capital to satisfy the issue of such number of New Shares as would be required to be issued on conversion of all the Subscription Securities Notes and exercise of the Warrants, in each case issued and outstanding prior to such Closing Date, at the initial conversion price Conversion Price and Exercise Price, and shall maintain at all times sufficient authorised but unissued share capital to satisfy the issue of sufficient New Shares at the prevailing conversion price of the Subscription SecuritiesConversion Price and Exercise Price for such Notes and Warrants;

Appears in 2 contracts

Samples: Agreement (Graphex Group LTD), Graphex Group LTD

Authorised Share Capital. the Issuer has or, prior to the Closing Date will have, sufficient authorised but unissued share capital to satisfy the issue of such number of New Shares as would be required to be issued on conversion of all the Subscription Securities at the Bonds atthe initial conversion price and shall maintain at all times sufficient authorised but unissued share capital to satisfy the issue of sufficient New Shares at the prevailing conversion price of the Subscription SecuritiesBonds;

Appears in 1 contract

Samples: Subscription Agreement (Semiconductor Manufacturing International Corp)

AutoNDA by SimpleDocs

Authorised Share Capital. the Issuer has or, prior to the Closing Date will have, sufficient authorised but unissued share capital to satisfy the issue of such number of New Shares as would be required to be issued on conversion of all the Subscription Securities Further Bonds at the initial conversion price and shall maintain at all times sufficient authorised but unissued share capital to satisfy the issue of sufficient New Shares at the prevailing conversion price of the Subscription SecuritiesFurther Bonds;

Appears in 1 contract

Samples: Subscription Agreement (Semiconductor Manufacturing International Corp)

Authorised Share Capital. the Issuer has orhas, or prior to the Closing Completion Date will have, sufficient authorised but unissued share capital to satisfy the issue of such number of New Conversion Shares as would be required to be issued on conversion of all the Subscription Securities Bonds at the initial conversion price Conversion Price and shall maintain at all times sufficient authorised but unissued share capital to satisfy the issue of sufficient New Conversion Shares at the prevailing conversion price Conversion Price of the Subscription Securities;Bonds.

Appears in 1 contract

Samples: Subscription Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.