Ownership of the LICENSEE Company. 1.1 The Licensee shall ensure that the total foreign equity in the paid up capital of the Licensee Company does not, at any time during the entire License period, exceed 74% of the total equity (except for services for which different FDI cap has been prescribed) subject to the following FDI (Foreign Direct Investment) norms:
Appears in 3 contracts
Samples: License Agreement, License Agreement, License Agreement
Ownership of the LICENSEE Company. 1.1 The Licensee LICENSEE shall ensure that the total foreign equity in the paid up capital of the Licensee LICENSEE Company does not, at any time during the entire License Licence period, exceed 74% of the total equity (except for services for which different FDI cap has been prescribed) subject to the following FDI (Foreign Direct Investment) normsnorms :
Appears in 2 contracts
Samples: Licence Agreement, Licence Agreement
Ownership of the LICENSEE Company. 1.1 The Licensee licensee shall ensure that the total foreign equity in the paid up capital of the Licensee Company licensee company does not, at any time during the entire License licence period, exceed 74% of the total equity (except for services for which different FDI cap has been prescribed) subject to the following FDI (Foreign Direct Investment) norms:
Appears in 2 contracts
Samples: Licence Agreement, Licence Agreement
