Common use of Increase of Share Capital Clause in Contracts

Increase of Share Capital. (a) Subject to and in accordance with Article 75, the Company may, from time to time, by resolution of its shareholders, whether or not all the shares then authorized have been issued, and whether or not all the shares issued have been called up for payment, increase its authorized share capital. Any such increase shall be in such amount and shall be divided into shares of such nominal amounts, with such rights and preferences and subject to such restrictions, as such resolution shall provide.

Appears in 2 contracts

Samples: Convertible Notes Agreement (Motus GI Holdings, Inc.), Convertible Notes Agreement (Motus GI Holdings, Inc.)

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Increase of Share Capital. (a) Subject to and in accordance with Article 75, the 7.1. The Company may, from time to time, by resolution of its shareholdersa Shareholders resolution, whether or not all the shares then authorized have been issued, and whether or not all the shares theretofore issued have been called up for payment, increase its authorized share capitalcapital by the creation of new shares. Any such increase shall be in such amount and shall be divided into shares of such nominal amounts, with and such shares shall confer such rights and preferences preferences, and shall be subject to such restrictions, as such resolution shall provide.

Appears in 1 contract

Samples: Joint Venture Agreement (Medigus Ltd.)

Increase of Share Capital. (a) Subject to and in accordance with the provisions of Article 755.6, the Company may, from time to time, by resolution of its shareholdersSpecial Resolution, whether or not all the shares then authorized have been issued, and whether or not all the shares theretofore issued have been called up for payment, increase its authorized share capitalcapital by the creation of new shares. Any such increase shall be in such amount and shall be divided into shares share of such nominal amounts, with and such shares shall confer such rights and preferences preferences, and shall be subject to such restrictions, as such resolution Special Resolution shall provide.

Appears in 1 contract

Samples: Preferred Share Purchase Agreement (Medscape Inc)

Increase of Share Capital. (a) Subject to and in accordance with Article 7573, the Company may, from time to time, by resolution of its shareholdersthe General Meeting adopted by an Ordinary Majority, whether or not all the shares then authorized have been issued, and whether or not all the shares issued have been called up for payment, increase its authorized share capital. Any such increase shall be in such amount and shall be divided into shares of such nominal amounts, with such rights and preferences and subject to such restrictions, as such resolution shall provide.

Appears in 1 contract

Samples: Credit Line Agreement (Check-Cap LTD)

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Increase of Share Capital. (a) 7.1 Subject to and in accordance with Article 7577, the Company may, from time to time, by resolution of its shareholdersthe General Meeting, whether or not all the shares then authorized have been issued, and whether or not all the shares theretofore issued have been called up for payment, increase its authorized share capitalcapital by the creation of new shares. Any such increase shall be in such amount and shall be divided into shares of such nominal amounts, with and such shares shall confer such rights and preferences preferences, and shall be subject to such restrictions, as such resolution Resolution shall provide.

Appears in 1 contract

Samples: Reorganization Agreement (Scailex CORP Ltd.)

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