Capital Increase definition
Examples of Capital Increase in a sentence
As a consequence, if no Turnover Objection Notice is served within such term, then the Target Turnover shall be deemed to have been definitively achieved, and the Investor shall proceed with the subscription and full payment of the Second Tranche of the Capital Increase within the following 10 (ten) Business Days.
The Investor’s obligation to subscribe for and pay in the Third Tranche of the Capital Increase will be contingent upon (i) the Investor having subscribed the Second Tranche of the Capital Increase; (ii) the non-occurrence of the revocation of the Licenses and (iii) the Company achieving an EBITDA of at least Euro 500,000.00 (five hundred thousand/00) determined regarding to the fiscal year 2026 (the “Target EBITDA”), in accordance with the terms set forth in this Paragraph.