Common use of Authorized Capital Clause in Contracts

Authorized Capital. 1. The authorized capital stock of the Bank shall be one hundred billion United States dollars ($100,000,000,000), divided into one million (1,000,000) shares having a par value of 100,000 dollars ($100,000) each, which shall be available for subscription only by members in accordance with the provisions of Article 5.

Appears in 12 contracts

Samples: www.aiib.org, www.parlament.gv.at, www.ris.bka.gv.at

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Authorized Capital. 1. The authorized capital stock of the Bank shall be one hundred billion dollars ($l,000,000,000) in terms of United States dollars ($100,000,000,000), of the weight and fineness in effect on 31 January 1966. The dollar wherever referred to in this Agreement shall be understood as being a United States dollar of the above value. The authorized capital stock shall be divided into one million hundred thousand (1,000,000100,000) shares having a par value of 100,000 ten thousand dollars ($100,00010,000) each, which shall be available for subscription only by members in accordance with the provisions of Article 55 of this Agreement.

Appears in 3 contracts

Samples: docshare02.docshare.tips, oag.gov.bt, www.adb.org

Authorized Capital. 1. The authorized capital stock of the Bank shall be one hundred billion the equivalent of fifty million dollars ($50,000,000) in terms of United States dollars ($100,000,000,000)of the weight and fineness in effect on 1st September, 1969.2/ The authorized capital stock shall be divided into one million ten thousand (1,000,00010,000) shares having with a par value of 100,000 five thousand dollars ($100,0005,000) each, which shall be available for subscription only by members in accordance with the provisions of Article 5.6.3/

Appears in 3 contracts

Samples: Agreement, Agreement, www.insdip.com

Authorized Capital. 1. The authorized capital stock of the Bank shall be one hundred billion dollars ($1,000,000,000) in terms of United States dollars ($100,000,000,000), of the weight and fineness in effect on 31 January 1966. The dollar wherever referred to in this Agreement shall be understood as being a United States dollar of the above value. The authorized capital stock shall be divided into one million hundred thousand (1,000,000100,000) shares having a par value of 100,000 ten thousand dollars ($100,00010,000) each, which shall be available for subscription only by members in accordance with the provisions of Article 55 of this Agreement.

Appears in 1 contract

Samples: www.legislation.gov.au

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Authorized Capital. 1. The authorized capital stock of the Bank shall be one hundred billion dollars ($ 1,000.000,000) in terms of United States dollars ($100,000,000,000), of the weight and fineness in effect on 31 January. 1966. The dollar wherever referred to in this Agreement shall be understood as being a United States dollar of the above value. The authorized capital stock shall be divided into one million hundred thousand (1,000,000100,000) shares having a par value of 100,000 ten thousand dollars ($100,000$ 10,000) each, which shall be available for subscription only by members in accordance with the provisions of Article 55 of this Agreement.

Appears in 1 contract

Samples: Asian Development Bank Agreement

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