Examples of Charter fund in a sentence
The Company shall possess in its proprietorship the separate property including the property transferred into its Charter fund, revenues received during the business activity, results of the fulfillment of works and provision of services, as well as other property acquired on other grounds in accordance with the Legislation.
In case of payment of additional shares of the Company at the increase in the Charter fund of the Company by means of its own capital, as well as dividends paid by additional shares, placement of such shares shall be performed on par value of shares of the Company.
The Charter fund of the Company shall be constituted of a par value of shares of the Company purchased by shareholders.
The Company is not entitled to pay and adopt decisions on payment of dividends for shares in the following cases: until the full payment (formation) of the Charter fund of the Company at its foundation; if at a moment of the payment of dividends there are signs of bankruptcy to be observed or these signs will appear after the payment of dividends; if the cost of net assets of the Company is less than its Charter fund and Reserve fund.
The Company is not entitled to reduce its Charter fund if as a result of that its size becomes less than the minimal allowed size of the Charter fund established by Law to be defined by the date of the state registration of the respective amendments entered into the Charter of the Company.
The Company is not entitled to pay and adopt decisions on payment of dividends for shares in the following cases: ⎯ until the full payment (formation) of the Charter fund of the Company at its foundation; ⎯ if at a moment of the payment of dividends there are signs of bankruptcy to be observed or these signs will appear after the payment of dividends; ⎯ if the cost of net assets of the Company is less than its Charter fund and Reserve fund.
Payment will be automatically made with card on file on 8/1/21.Two payments to automatically discharge partial payment with card on file on 8/1/21 and final balance on 1/1/22.Six payments to automatically discharge partial payment with card on file on 8/1/21, 9/1/21, 10/1/21, 11/1/21, 12/1/21 and final balance on 1/1/22.*Charter fund allocation $ Charter School Name: *Charter fund allocation: I intend to use charter funds to pay for some or all of my children’s fees at American Academy.
Decisions on reduction of the Charter fund of the Company and entry of the respective amendments into the Charter of the Company shall be adopted by the General Meeting of Shareholders.
The decision on the formation as well as increase of the state share in the Charter fund of the company due to the existing tax and other debt to the state shall be adopted by the General Meeting of Shareholders by a simple majority of votes, with the consent of shareholders (other than the state), owners of at least two thirds of the placed voting shares.
Reduction of the Charter fund of the Company in way of acquisition and annulment of shares by the Company is allowed.