The shareholding Sample Clauses
The shareholding clause defines the ownership structure of a company by specifying the distribution and allocation of shares among its shareholders. It typically outlines the number and class of shares each party holds, any restrictions on transferring shares, and the rights attached to different share classes, such as voting or dividend rights. This clause ensures transparency and clarity regarding who owns what portion of the company, helping to prevent disputes and misunderstandings about ownership and control.
The shareholding the Vendor is the only statutory beneficiary of the shareholding, and it has unrestrained rights and interests to sell and transfer the whole statutory interests of the Sales Shares.
The shareholding of the members, in case of consortium shall not transfer either direct and/or indirect legal or beneficial ownership of any shares or securities convertible into shares that causes any violation of the lock in restrictions specified in clause 1.13.
The shareholding a. On the date of this Agreement, the Authorised Share Capital of the Company is one hundred million Euro (€100,000,000) divided into one hundred million (100,000,000) Ordinary shares of One Euro (€1.00) each.
b. The issued share capital is of one thousand three hundred and sixty four Euro (€1,364) divided into one thousand three hundred and sixty four (1,364) Ordinary shares of one Euro (€1) each, fully paid- up) which are subscribed for as follows: D▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ 1,200 Ordinary Shares xSigma Entertainment Limited 164 Ordinary Shares