Common use of Deposit of Registered Capital Clause in Contracts

Deposit of Registered Capital. The investment shall consist of an initial investment of at least twenty percent (20%) of the Registered Capital equaling [ ] USD ( USD) to be deposited within ninety (90) working days of the issue of the Concession Registration Certificate, with the remaining amount of Registered Capital to be deposited within two (2) years of the date of issue of the Concession Registration Certificate. The Project Company must register each deposit of Registered Capital with the Bank of Lao PDR, obtain a Capital Importation Certificate for the same and provide all such Capital Importation Certificates to the One Stop Service within ten(10) working days of receipt.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

AutoNDA by SimpleDocs

Deposit of Registered Capital. (a) The investment shall consist of an initial investment of at least twenty percent (20%) of the Registered Capital equaling [ ] USD ( USD) to be deposited within ninety (90) working days of the issue of the Concession Registration Certificate, with the remaining amount of Registered Capital to be deposited within two (2) years of the date of issue of the Concession Registration Certificate. The Project Company must register each deposit of Registered Capital with the Bank of Lao PDR, obtain a Capital Importation Certificate for the same and provide all such Capital Importation Certificates to the One Stop Service within ten(10) working days of receipt.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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