Capital and Shares Sample Clauses

Capital and Shares. 4.1 The authorized capital of CGIF shall be US$700,000,000, divided into 7000 Shares with a nominal value of US$100,000 each. All such Shares shall be subscribed and fully paid in by the Contributors.
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Capital and Shares. A. For the first year after signing this Agreement, the initial share capital of the Company shall be 50,000,000.00 Cambodian Xxxx, or the monetary equivalent in US Dollars, which shall initially be contributed and owned entirely by PCW and Khmer Sameky Telecom Co., Ltd. according to the following schedule: I) PCW shall own 84% of the share capital and shall contribute US $ 15,925.92 or the monetary equivalent in Cambodian Xxxx; and
Capital and Shares. Article 6 The Company has adopted the registered capital system as per the provisions of the Turkish Commercial Code and switched to the registered capital system with the permission of the Directorate General of Domestic Trade of the Ministry of Commerce dated [•] and numbered [•]. The ceiling of the registered capital of the Company is TRY 197,500,000 (one hundred ninety-seven million five hundred thousand Turkish Liras) and is divided into [•] ([•]) registered shares, each with a nominal value of TRY [•] ([•]). The authorization for the ceiling of registered capital permission given by the Ministry of Commerce shall be valid for the years 2022 through 2027 (5 years). If the permitted registered capital ceiling is not reached by such date (at the end of the year 2027), in order for the board of directors to pass a resolution for capital increase after the end of 2027, articles of association shall be amended in the general assembly in order to authorized the board of directors for a new term which shall not exceed 5 (five) years. In case of failure to obtain such authorization, the Company shall be deemed to exit the registered capital system. The allocation of the issued capital of the Company between the shareholders of the Company is as follows: Shareholder Share Group Number of Shares Amount of Shares (TL) Shareholding Percentage (%) Günal İnşaat Anonim Şirketi A [•] 7,468,000.00 18.91 Mapa İnşaat ve Ticaret Anonim Şirketi A [•] 29,328,013.00 74.25 Xxxxxx Xxxxx Xxxxx A [•] 1,303,987.00 3.30 MNG Holding Anonim Şirketi A [•] 215,000.00 0.54 Xxx Xxxxx Xxxxxxxx B [•] 1,185,000.00 3.00 TOTAL [•] 39,500,000.00 100 The issued share capital of the Company is TRY 39,500,000 (thirty-nine million five hundred thousand Turkish Liras) and has been fully paid without collusion. The Company’s capital may be increased or decreased whenever necessitated as per the provisions of the Turkish Commercial Code. The Board of Directors is authorized, at times it deems required, to pass resolutions on matters regarding increase of the issued capital through issuance of new shares, provided that the registered capital ceiling is not exceeded, and restriction of shareholders’ right to acquire new shares, in accordance with the provisions of the Turkish Commercial Code. The authority to restrict acquisition of new shares may not be exercised in a manner to cause inequality among the shareholders. Following the capital increase as per the provisions of this article, the new vers...
Capital and Shares. 4. (A) The authorised share capital of the Company is US$35,000,000 divided into 7,000,000,000 shares of US$0.005 each.
Capital and Shares. Section 5. The capital of the Company, which is fully subscribed for [and paid in], is of R$ [●], divided into [●] common shares, all registered and without par value.
Capital and Shares. There are no share certificates in respect of the Sale Shares. The Sale Shares have been validly issued and are free from all charges, liens and encumbrances and are fully paid up. Subject to the relevant blocking clause contained in the articles of association of the Company (article 14 thereof) the Warranting Seller is entitled without any restriction to sell and transfer its portion of the Sale Shares.
Capital and Shares. 4.1. The Company’s authorised capital amounts to three million euro (€3,000,000).
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Capital and Shares. 2.1 Automotive is the unassailable (onaantastbaar) holder of the Shares. The Shares constitute all issued and outstanding shares in the capital of the Company and are validly issued and fully paid and were not issued in violation of any pre-emptive subscription or other right of any person to acquire shares.
Capital and Shares. SECTION 4
Capital and Shares. Except with the prior written approval of the shareholders of Modular, any subsequent allotment of shares in Modular shall be made so that at all times the percentage of the share capital held by the shareholders shall be as follows:- Shareholder Shareholdings (%)
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