Capital Limited Sample Clauses

Capital Limited. Disposal of Shares If any party intends to sell Shares subject to the New Concert Party Agreement, such party shall notify the other parties in writing. Save for the exemptions provided for in the New Concert Party Agreement, each party shall not, and shall procure their respective investment holding companies not to, dispose of, or otherwise charge, pledge, or create any encumbrances over the Shares subject to the New Concert Party Agreement, without the prior written consent of the other parties. Pre-emptive rights Each other party may, if he thinks fit, provide an offer to the party intending to sell to, for example, purchase all or part of the Shares intending to be sold, or tag-along the party intending to sell, to sell his Shares. Charge of shares Each party shall have the right to charge or pledge his Shares to recognized banking institutions to obtain a bona fide commercial loan, provided that the loan amount shall not exceed 40% of the value of the Shares.
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Capital Limited. At or before Closing, the Sciences Shareholders shall have delivered to Commodore a statement from B.H. Capital Limited, in form and substance satisfactory to Commodore acknowledging that: (i) the Corporate Finance Consulting Agreement dated January 26, 1996 between Sciences and B.H. Capital Limited ("BHCL") has been terminated; (ii) other than fees for accrued and unpaid hourly billing and expenses, which do not and will not exceed $10,000, BHCL is not owed will not claim to be owed any fees for hourly billing or expenses or, unless ASI's and Commodore's Board of Directors, in their sole discretion, approve a credit facility with Coast Business Credit substantially in the form as the Coast Business Credit proposal dated August 28, 1996, fees for originating, finding, brokering or otherwise procuring any type of financing or credit for Sciences.
Sample 1

Related to Capital Limited

  • Limitation on Preferred Stock of Restricted Subsidiaries The Company will not permit any of its Restricted Subsidiaries to issue any Preferred Stock (other than to the Company or to a Wholly Owned Restricted Subsidiary of the Company) or permit any Person (other than the Company or a Wholly Owned Restricted Subsidiary of the Company) to own any Preferred Stock of any Restricted Subsidiary of the Company.

  • Distributions Payable in Shares In the event that the Board of the Investment Company shall declare a distribution payable in Shares, the Investment Company shall deliver to FTIS written notice of such declaration signed on behalf of the Investment Company by an officer thereof, upon which FTIS shall be entitled to rely for all purposes, certifying (i) the number of Shares involved, and (ii) that all appropriate action has been taken to effect such distribution.

  • PORTFOLIO HOLDINGS The Adviser will not disclose, in any manner whatsoever, any list of securities held by the Portfolio, except in accordance with the Portfolio’s portfolio holdings disclosure policy.

  • Investment Limitation The Company shall not invest, or otherwise use the proceeds received by the Company from its sale of the Shares in such a manner as would require the Company or any of its subsidiaries to register as an investment company under the Investment Company Act.

  • Equity Interest The stock of or other interests in, or warrants or other rights to purchase the stock of or other interests in, any entity that has borrowed money from the Company or that is a tenant of the Company or that is a parent or controlling Person of any such borrower or tenant.

  • Subsidiaries; Equity Interests The Parent does not own, directly or indirectly, any capital stock, membership interest, partnership interest, joint venture interest or other equity interest in any person.

  • Capital Stock of Subsidiaries All of the outstanding capital stock of, or other equity or voting interest in, each Subsidiary of the Company (i) has been duly authorized, validly issued and is fully paid and nonassessable; and (ii) except for director’s qualifying or similar shares, is owned, directly or indirectly, by the Company, free and clear of all liens (other than Permitted Liens) and any other restriction (including any restriction on the right to vote, sell or otherwise dispose of such capital stock or other equity or voting interest) that would prevent such Subsidiary from conducting its business as of the Effective Time in substantially the same manner that such business is conducted on the date of this Agreement.

  • Stock of Subsidiaries Permit any of its Subsidiaries to issue any additional shares of its capital stock except director's qualifying shares.

  • Ventures, Subsidiaries and Affiliates; Outstanding Stock and Indebtedness Except as set forth in Disclosure Schedule (3.8), as of the Closing Date, no Credit Party has any Subsidiaries, is engaged in any joint venture or partnership with any other Person, or is an Affiliate of any other Person. All of the issued and outstanding Stock of each Credit Party is owned by each of the Stockholders and in the amounts set forth in Disclosure Schedule (3.8). Except as set forth in Disclosure Schedule (3.8), there are no outstanding rights to purchase, options, warrants or similar rights or agreements pursuant to which any Credit Party may be required to issue, sell, repurchase or redeem any of its Stock or other equity securities or any Stock or other equity securities of its Subsidiaries. All outstanding Indebtedness and Guaranteed Indebtedness of each Credit Party as of the Closing Date (except for the Obligations) is described in Section 6.3 (including Disclosure Schedule (6.3)).

  • Company Subsidiaries; Equity Interests (a) The Company Disclosure Letter lists each Company Subsidiary and its jurisdiction of organization. Except as specified in the Company Disclosure Letter, all the outstanding shares of capital stock or equity investments of each Company Subsidiary have been validly issued and are fully paid and nonassessable and are as of the date of this Agreement owned by the Company, by another Company Subsidiary or by the Company and another Company Subsidiary, free and clear of all Liens.

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