Shareholding pattern of the Developer Sample Clauses

Shareholding pattern of the Developer. The Successful Bidder has incorporated an SPV/Developer on and its shareholding as on the Appointed Date is as follows;
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Shareholding pattern of the Developer. The Successful Bidder has incorporated an SPV/Developer on and holds 100% (one hundred percent) of subscribed and paid up equity share capital in the SPV as on the Appointed Date. The SPV having been set up for the sole purpose to exercise the rights and observing and performing its obligations and liabilities under this Agreement, , hereby undertakes and agrees to continue holding 100% (one hundred percent) of subscribed and paid up equity share capital in the SPV during the Agreement Period.
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Shareholding pattern of the Developer. The Developer incorporated an SPV on and its shareholding as on the Agreement Date is as follows: Names of Shareholders (Successful Bidder) Description of Shareholding (%) The Developer having been set up for the sole purpose to exercise the rights and observing and performing its obligations and liabilities under this Agreement, the Developer hereby undertakes and agrees to comply with the following conditions: In case the Successful Bidder is a Consortium, the members of the Consortium whose experience has been evaluated for the purposes of RFP, shall subscribe to at least 26% (twenty six per cent) or more of the paid up and subscribed equity of the SPV until 5th year from the Appointed Date. The Lead Member shall hold atleast 26% of the subscribed and paid up equity of the SPV at all times until the 5th year from the Appointed Date and The members of the Consortium shall collectively hold at least 51% (fifty one per cent) of the subscribed and paid up equity of the SPV at all times until the 5th year from the Appointed Date. Thereafter, until the expiry of the Agreement Period, the other members of the Consortium collectively, shall hold not less than 11% (eleven percent) of the subscribed and paid up equity share capital of the SPV and the Lead Member shall hold not less than 26% (twenty six percent) of the subscribed and paid up equity share capital of the SPV. Shareholding for single business entity In case the Successful Bidder is a single Entity, it shall hold at least 76% (seventy six percent) of subscribed and paid up equity share capital of the SPV to implement the Project, until the 5th year from the Appointed Date and hold at least 26% (twenty six percent) of subscribed and paid up equity share capital of the SPV thereafter throughout the Agreement Period
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Shareholding pattern of the Developer. The Successful Bidder has incorporated an SPV/Developer on _________________ and holds 100% (one hundred percent) of subscribed and paid up equity share capital in the SPV as on the Appointed Date. The SPV having been set up for the sole purpose to exercise the rights and observing and performing its obligations and liabilities under this Agreement, , hereby undertakes and agrees to continue holding 100% (one hundred percent) of subscribed and paid up equity share capital in the SPV during the Agreement Period. 17 | P a g e Selection of Developer for Development of Tourist Complex – Hesadih, Ranchi Draft PDMA
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Shareholding pattern of the Developer. The Developer was incorporated on and its shareholding as on the Appointed Date is as follows:
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Related to Shareholding pattern of the Developer

  • Employee Development The Employer may provide employees the opportunity to participate in appropriate seminars, workshops or short courses. When possible and appropriate the Employer will provide to all staff information on seminars, workshops or short courses by posting a notice on the Employer’s internal web site.

  • TRAINING AND EMPLOYEE DEVELOPMENT 9.1 The Employer and the Union recognize the value and benefit of education and training designed to enhance an employee’s ability to perform their job duties. Training and employee development opportunities will be provided to employees in accordance with college/district policies and available resources.

  • EMPLOYEE DEVELOPMENT AND TRAINING 1. The State agrees to provide advice and counseling to employees with respect to career advancement opportunities and agency developments which have an impact on their careers.

  • Software Development Software designs, prototypes, and all documentation for the final designs developed under this agreement must be made fully transferable upon direction of NSF. NSF may make the software design, prototype, and documentation for the final design available to competitors for review during any anticipated re-competition of the project.

  • Commercial Opportunities 1. The airlines of each Party shall have the right to establish offices in the territory of the other Party for the promotion and sale of air transportation.

  • Sustainable Development 4.1 The Authority will review the Contractor’s Sustainable Development Policy Statement and Sustainable Development Plan submitted by the Contractor in accordance with the Schedule (Sustainable Development Requirements) and then at least annually thereafter.

  • OWNERSHIP AND USE OF DELIVERABLES The City shall own all rights, titles, and interests throughout the world in and to the deliverables.

  • Customer Ownership Customer owns and has sole responsibility for the accuracy, quality, integrity, and appropriateness of all original data, content and information provided to Xxxxxx Xxxxxxx in conjunction with the Services, and, when paid for, Customer will own all modified content and information as specified under the SOW (collectively the “Content,” which, together with the Customer’s trademarks or logos, are referred to as the “Customer Material).”

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK Firms and/or individuals that assisted in the development or drafting of the specifications, requirements, statements of work, or solicitation documents contained herein are excluded from competing for this solicitation. This shall not be applicable to firms and/or individuals providing responses to a publicly posted Request for Information (RFI) associated with a solicitation.

  • Future Development Buyer is aware that the Property may be affected by future development of property in the neighborhood or surrounding areas and the Property may be subject to building and development restrictions and conditions. Buyer is advised to consult with appropriate government agencies and shall rely solely upon Buyer’s own investigations to determine future development or planning and its potential impact on the Property. Buyer is advised that the Universal Studios and Xxxxxx Ranch areas are in the process of major expansion at this time as are other areas located within City and County jurisdiction.

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