Financing of the Company Sample Clauses

Financing of the Company. LOL expects to have contributed 38.75% of the capital of the Company, consisting of cash and the beneficial use of the LOL Contributed Assets referred to in Section 1.4. Farmland, CHS, and United LLC expect to have together directly or indirectly contributed 61.25% of the capital of the Company, consisting of cash and the beneficial use of United LLC Contributed Assets referred to in Section 1.5, subject to the provisions of the LLC Agreement. The Parties shall arrange for financing of the joint venture pursuant to the terms of the LLC Agreement, it being the intent of the Parties to obtain non-recourse as to the Members financing for the Company, as soon as practical and in any event not later than April 30, 2000.
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Financing of the Company. 2.1 The Company has, at the date of this Agreement, an authorised Share Capital of INR 3,00,00,000 consisting of 30,00,000 Equity Shares of par value INR 10 each. As of date 2932159 Equity Shares have been issued and are held by the persons in the number and proportion as set out in Schedule 2A.
Financing of the Company. 3.1 List of all short term and long term debt (including leases, guarantees and other contingent obligations).
Financing of the Company. (a) (i) Each of the Shareholders hereby agrees to an initial capital commitment of Euros 100 million (the "INITIAL COMMITMENT") during the first twenty four (24) months of the Company (which Initial Commitments shall, for the avoidance of doubt, include the amount initially subscribed by each Shareholder pursuant to Clause 3.1(g) above), i.e. a total aggregate Initial Commitment by both Shareholders of Euros 200 million, the balance to be paid in by the Shareholders to the Company, as and when decided by the Board, in proportion to each Shareholder's respective holdings of Company share capital at the time, provided that any expenditure of the Initial Commitment shall be subject to Board approval of the Initial Budget and Plan in accordance with Clause 3.2(a)(ii) below. In the event that the Board is unable to agree on calling any part of the Initial Commitments during the first twenty four (24) months of the Company, either Shareholder may, at the expiration of the aforementioned time frame, by written notice to the other Shareholder, require an additional capital contribution by the Shareholders of up to the aggregate amount of uncalled Initial Commitments, in proportion to their respective holdings of Company shares at the time.
Financing of the Company. Since the client is a company with multiple shareholders, and investments (see Annex 14) must be financed by borrowed capital, it was assumed that the investments, after a first, debt service- exempt year, will be repaid over 11 years in equal installments. It was also assumed that an annual interest of 8 % be levied on the borrowed capital remaining in the company and paid to the lender.
Financing of the Company. The Company agrees and covenants that if the Company completes any debt or equity financing while the Amended and Restated Note remains outstanding, the Company shall use the proceeds of such debt or equity financing to repay all amounts due to the Investor under the Amended and Restated Note prior to using such proceeds for any other purpose. The Company further agrees and covenants that if the Company completes any equity financing on or prior to April 8, 2007, whether or not the Amended and Restated Note is outstanding at such time, the Company shall issue to the Investor warrants to purchase such number of shares of Common Stock of the Company, at the actual or assumed per share price in such financing, as would prevent the dilution of the Investor’s equity ownership of the Company (the “Additional Warrants”). The Company agrees to file a registration statement, at its own expense, within fifteen (15) days of the exercise of any portion of the Additional Warrants to cover the resale of the shares of Common Stock issuable upon exercise of the Additional Warrants in accordance with the provisions of the Securities Act of 1933, as amended. The Company shall use its best efforts to cause the registration statement to become effective within forty-five (45) days from the date of exercise.
Financing of the Company. (a) The Company shall be managed from the date hereof in accordance with the Annual Operating Budget of the Business attached hereto as Schedule 3.1(a).
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Financing of the Company. 5.1 Financing Commitments of the Shareholders.
Financing of the Company. 8.1 Stated Capital The Company shall have an initial authorized capital of Saudi Riyals (SR ) divided into ( ) indivisible shares valued at Saudi Riyals (SR ) each.
Financing of the Company. Subject to the provisions of this Section 7.19 and after the consummation of the Merger, during the period of time from August 1, 1996 through July 31, 2000 (the "Measuring Period") AUGI shall make available to the Surviving Corporation certain inter-company loans and advances (the "AUGI Financing") to fund working capital requirements of the Company, in accordance with the "Corporation's Budget" referred to in Section 7.19(c) below.
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