Capital Increases. 9.1 In the event that the Company’s share capital is increased, including those capital increases that are part of a merger in which the Company is the absorbing company, the following alternative rules shall apply:
Capital Increases. In a capital increase the Members shall have the preferential right to subscribe in accordance with Clause Fifth. No capital increase may be declared until the previous increase has been fully paid for.
Capital Increases. Upon the terms and subject to the conditions set forth in this Agreement, IPEF hereby commits to cause the Fiduciary Company to participate to PM’s Extraordinary Shareholders’ Meeting in second call (and not in first call), directly or by proxy, and in the context of such meeting to cast its vote in favour of the Capital Increases.
Capital Increases. 1 No Group Company shall, without Minority Consent, make a Capital Increase provided that, this restriction shall not apply (i) where the Capital Increase, in the reasonable opinion of the Controlling Party, is required because a member of the Group is in a Distress Situation; (ii) where the Capital Increase takes place in order to allow Cayman 7 to fund Lux 1 with the funds received by Cayman 7 from CEDC pursuant to Clause 11; or (iii) where the Capital Increase takes place between members of the Group. Where a Capital Increase takes place in a Distress Situation, CEDC shall be offered the opportunity via Cayman 7 before any other party to subscribe for all shares proposed to be issued under, but shall not in any circumstances have the right to prevent, the Capital Increase and the provisions of paragraphs 1.2 to 1.7 of Schedule 5 shall apply. Any Capital Increases during a Distress Situation shall be limited to raising an amount which the Controlling Party, acting reasonably, deems necessary, following consultation with the Minority Party, to: i) cure the Distress Situation; and ii) prevent another Distress Situation from arising within the following twelve months. Any participation of CEDC in a Capital Increase shall be made by CEDC providing funds to Cayman 7 to allow it to participate in the Capital Increase. Debt Finance
Capital Increases. 1 No Group Company shall, without Minority Consent make a Capital Increase and issue any securities or interests pursuant thereto to any Person other than Cayman 7 or a wholly-owned subsidiary of Cayman 7, and Cayman 7 shall pledge all such securities or interests for which it subscribes pursuant to this paragraph pursuant to the terms of the Cayman 7 Pledge.
Capital Increases. Seller has subscribed and paid in full the capital increases of SAGA II and SAGA III, and excerpts of the public deeds containing the minutes of the shareholders meeting at which such capital increases were approved, SAGA II's capital increase has been registered at page 77007, number 39397 of the Registry of Commerce of Santiago, corresponding to the year 2018 and published in the Chilean Official Gazette on October 11, 2018, and SAGA III's capital increase has been registered at page 77223, number 39491 of the Registry of Commerce of Santiago, corresponding to the year 2018 and published in the Chilean Official Gazette on October 11, 2018. Such capital increases amount to CLP$47,305,000,000.00, in the case of SAGA II, and CLP$24,775,801,000.00, in the case of SAGA III, and were agreed at the shareholder meeting of SAGA II held on September 20, 2018, which minutes were filed as public deed with Xx. Xxxx Xxxxxxxxx Acevedo, notary public of Santiago, on October 8, 2018 under Repertory Nº 17,703-2018, rectified by public deed dated October 11, 2018, granted before such same notary public under Repertory Nº 17,945-2018, and, in the case of SAGA III, were agreed at the shareholder meeting of SAGA III held on September 25, 2018, which minutes were filed as public deed with Xx. Xxxx Xxxxxxxxx Acevedo, notary public of Santiago, on October 8, 2018 under Repertory Nº 17,704-2018, rectified by public deed dated October 11, 2018, granted before such same notary public under Repertory Nº 17,946-2018.
Capital Increases. (a) The PRISA Board shall execute the approval of the shareholders of PRISA to increase the share capital of PRISA against a contribution in kind (Aumento con aportaciones no dinerarias) and shall register such action pursuant to the Deed of In-Kind Capital Increase with the Commercial Registry immediately following receipt of the Liberty Virginia Exchange Certificate. (b) If the PRISA Rights Offer shall be required by the CNMV, the PRISA Board shall execute the approval of the shareholders of PRISA to increase the share capital of PRISA against a contribution in cash (Aumento Dinerario) and shall register such action pursuant to the Deed of Subscription Capital Increase with the Commercial Registry immediately following the completion of the PRISA Rights Offer. 9.12
Capital Increases. As of March 31, 2005, the Concessionaire had 100 shares of common stock outstanding, all of which are owned by ICATECH. The Concessionaire had capital increases of US$77,644,386 in 2002, US$4,710,409 in 2003 and US$3,069,684 in 2004. • In 2002, ICATECH (i) converted into capital of the Concessionaire US$73,840,355 of loans then payable by the Concessionaire to it and (ii) made a cash capital contribution to the Concessionaire in the amount of US$3,804,031. • In 2003, ICATECH increased the capital of the Concessionaire by US$4,710,409 through a cash contribution. As of December 31, 2003, Concessionaire’s share capital amounted to US$152,199,289. • In 2004, ICATECH increased the capital of the Concessionaire by US$3,069,684 in order to avoid a potential capital deficit due to non-recurrent items, including the debt reduction in connection with the repayment of the Multicredit Bank loan and expenses relating to the MOP arbitration and the offering of the notes.
Capital Increases. (a) The Shareholders shall have preemptive rights to participate in capital increases of the Company pro rata to their shareholding and such Shares would, upon issuance, be (i) the same class of Shares as is held by the subscribing Shareholder at such time or (ii) if a Shareholder holds more than one class of shares at such time, the Shares to be issued will be split pro rata between such classes (with Shareholders holding Shares of the same class as those that are not subscribed for having a right to subscribe for any such Shares in priority to other Shareholders).
Capital Increases. In addition to the capital increase referred to in Article 4.2. and the issue of the Profit Certificates, the Existing Partners and the Investors shall have the right to subscribe to future capital increases or issues of profit certificates in or by the Company on a pro rata basis to their holdings of such Partner Interests in accordance with Article 4.6.9, provided that the Profit Certificates shall not entitle its holders to a preference distribution or a priority subscription right in case of a capital increase in the Company. In the latter case, the holders of Profit Certificates shall have a right to subscribe to a new issuance of profit certificates for an amount and at conditions equal to the capital increase to the extent that such new issuance of profit certificates is necessary to maintain the rights and voting balances of the Investors as contemplated in this Agreement. In no event shall the Investors have an obligation to subscribe to any such capital increase or issuance of profit certificates in excess of the Profit Certificates.
