RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES Sample Clauses

RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES. 1 – Each share gives the right, in the profits and corporate assets, to a proportional share in the amount of capital which it represents, subject to the special rights attached to the A, B, C, D and E Shares, and in particular to the financial rights to the proceeds form Transfers, Mergers and Liquidation of the Company described in Schedule 1 of these By-Laws. Each share, regardless of its category, gives the right to a vote and to representation at General Meetings, under the conditions set by the Law and the by-laws. All shareholders have the right to be informed on the running of the company and to receive some corporate documents at the times and under the conditions provided for by the Law and the by-laws.
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RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES. 9.1. Each share shall entitle its holder to a portion of the profits, company assets and liquidation surpluses equal to the proportion of the share capital represented by the share. Each share shall entitle the holder to one vote at general meetings.
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RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES. 12.1 No Participant shall have any of the rights or privileges of a shareholder of the Company with respect to any of the Shares, unless and until, following exercise, the registration of the Participant as holder of such Shares in the Company's register of members is duly completed.
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RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES. Each share gives an entitlement to a share of the company's profits and liquidation surplus in proportion to the percentage of capital it represents. Shareholders are only liable for the company’s liabilities up to the amount of their contributions. Each share also gives the right to participate in shareholders’ General Meetings with a voting right under the conditions and subject the reserves stipulated by law, the regulations and these Articles of Association. Each time several shares need to be held in order to exercise any right whatsoever, in the event of an exchange, grouping or allocation of shares or an increase or reduction in capital, merger or other company operations, the owners of isolated shares or of a number of shares which is below the number required can only exercising these rights providing they are personally responsible for the grouping or possibly purchase or the sale of shares or rights of allocation required. Shares are indivisible vis-à-vis the company. The voting right attached to shares encumbered by a life tenancy belongs to the bare owner at ordinary and Extraordinary General Meetings. The Extraordinary General Meeting can decide or authorise the issue of preferred shares without voting rights, fix the rights and benefits accorded to them, the terms and conditions for redeeming them and the company’s capacity to demand this under the terms stipulated by the law and the regulations.
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RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES. The rights and obligations attached to a share benefit and bind a subsequent holder thereof. The ownership of a share shall imply ipso facto the acceptance of the present Memorandum and Articles of Association and of the decision of the general meetings. In addition to the right to vote which is attached by law to the shares, each share carries a right to a share of corporate assets, of profits, and of liquidation surplus, proportional to the number and nominal value of the existing shares. Each time it shall be necessary to hold a certain number of shares in order to exercise a right, it will up be to the shareholder(s) missing such number to take the necessary actions to group a sufficient number of shares. The company may require the repurchase, subject to the conditions set forth in article 269-8 of the law of 24th July 1966, either of all of its shares with a preferential dividend and no voting right, or of a category of such shares, each category being determined by the date at which it has been issued.
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RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES. Each share confers on its holder an equal right to the profits of the company and to all assets held by the company. Each share entitles its holder to one vote in all votes and deliberations of the General Meeting of shareholders, subject to the provisions of Article 67 of law n0 31/1990. The rights and obligations conferred by shares are transferred to all new holders thereof provided the transfer has been made in accordance with Romanian law, the Articles and this Company Agreement. The holding of a share implies the obligation to abide by the terms of this Company Agreement and the Articles, particularly in respect of the transfer of shares. COMPANY AGREEMENT 7
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RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES. Each share gives an entitlement to a share of the company's profits and liquidation surplus in proportion to the percentage of capital it represents. Shareholders are only liable for the company’s liabilities up to the amount of their contributions. Each share also gives the right to attend the shareholders’ general meetings, with a vote, in the conditions and subject to the reservations provided for by the law, the regulations and these Articles of Association. Notwithstanding the last subsection of Article L.225-123 of the French Commercial Code, these Articles of Association do not give double voting rights to the Company shares. Each time several shares need to be held in order to exercise any right whatsoever, in the event of an exchange, grouping or allocation of shares or an increase or reduction in capital, merger or other company operations, the owners of isolated shares or of a number of shares which is below the number required can only exercising these rights providing they are personally responsible for the grouping or possibly purchase or the sale of shares or rights of allocation required. Shares are indivisible vis-à-vis the company. The voting right attached to shares encumbered by a life tenancy belongs to the bare owner at ordinary and Extraordinary General Meetings. The Extraordinary General Meeting can decide or authorise the issue of preferred shares without voting rights, fix the rights and benefits accorded to them, the terms and conditions for redeeming them and the company’s capacity to demand this under the terms stipulated by the law and the regulations.
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Related to RIGHTS AND OBLIGATIONS ATTACHED TO THE SHARES

  • Other Rights and Obligations of the Authority Upon Termination for any reason whatsoever, the Authority shall:

  • Continuing Rights and Obligations After the satisfaction and discharge of this Indenture, this Indenture will continue for (i) rights of registration of transfer and exchange, (ii) replacement of mutilated, destroyed, lost or stolen Notes, (iii) the rights of the Noteholders to receive payments of principal of and interest on the Notes, (iv) the obligations of the Indenture Trustee and any Note Paying Agent under Section 3.3, (v) the rights, obligations and immunities of the Indenture Trustee under this Indenture and (vi) the rights of the Secured Parties as beneficiaries of this Indenture in the property deposited with the Indenture Trustee payable to them for a period of two years after the satisfaction and discharge.

  • Additional Rights and Obligations The author(s) (and their employers as applicable), hereby authorise the Publishers to take such steps as they consider necessary at their own expense in the copyright owner’s name and on their behalf, if they believe that a third party is infringing or is likely to infringe copyright or the rights granted to the Publishers herein in the Contribution without further recourse to the copyright owner(s). The Corresponding Author acknowledges that all versions of the Contribution, and any associated reviews and responses to those reviews, may be published if the Contribution is accepted for publication. The Publishers expressly agree to place the final published post-production Contribution for display on PMC (including their international mirror sites) promptly after publication without extra charge for this deposit to the authors or their employers (provided PMC does not charge the Publishers), which will include any Publisher supplied amendments or retractions. The author(s) acknowledge and accept that BMJ may make additional changes to the Contribution as considered necessary in accordance with standard editorial processes whether before or after publication. The Corresponding Author will usually see proofs for their Contribution and every effort will be made to consult with the Corresponding Author if substantial alterations are made. BMJ may also retract or publish a correction or other notice when it considers this appropriate for legal or editorial reasons and this shall be at its absolute discretion which shall be exercised reasonably.

  • Rights and Obligations Except as expressly set forth in this Agreement, no Member, in its capacity as a Member, will have any right, power or authority to transact any business in the name of the Series, participate in the management of the Series or to act for or on behalf of or to bind the Series. A Member will have no rights other than those specifically provided herein or granted by law. Except as required by the Act, no Member, solely by reason of being a member, shall be liable for the debts, liabilities, obligations or expenses of the Series.

  • Independent Nature of Rights and Obligations Nothing contained herein, and no action taken by any party pursuant hereto, shall be deemed to constitute Investor and the Sponsor as, and the Sponsor acknowledges that Investor and the Sponsor do not so constitute, a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Investor and the Sponsor are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement or any matters, and the Sponsor acknowledges that Investor and the Sponsor are not acting in concert or as a group, and the Sponsor shall not assert any such claim, with respect to such obligations or the transactions contemplated by this Agreement.

  • Termination of Rights and Obligations A party's rights and obligations under this Easement terminate upon transfer of the party's interest in the Easement or Property, except that liability for acts or omissions occurring prior to transfer shall survive transfer.

  • Rights and Obligations on Termination In the event of termination of this Agreement for any reason, the parties shall have the following rights and obligations:

  • Transfer of rights and obligations 12.1 Lender has the right to transfer all or part of the right in this contract to a third party, the transferring actions do not need to acquire the consent of the borrower. If without the consent of the lender in writing, the borrower cannot transfer any right and obligations in this contract to a third party.

  • Assignment of Rights and Obligations (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent.

  • Rights and Obligations Upon Termination (a) In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

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