Equity Share Capital definition
Examples of Equity Share Capital in a sentence
Notwithstanding anything to the contrary contained in Clauses 5.1(b) and 5.3, Government shall at its sole discretion at any time after the lapse of 6 (six) months from the Closing Date, have the option of selling from its shareholding, Equity Shares representing not more than % ( percent) of the Equity Share Capital of the Company, to the Employees of the Company in the manner as decided by the Board.
Upon cancellation, the Resulting Company shall debit to its Equity Share Capital Account, the aggregate face value of the existing equity shares held by Adani Commodities LLP in Resulting Company which stands cancelled hereof.
For these purposes only, the value of the entire issued Equity Share Capital of the Company shall be treated as three times the expected revenues of the Company for the 12 months following the issue of the said notice, as agreed between Inc and the Founders.
It is further agreed by the Company and the Promoter that either (i) a single Investor; or (ii) 2 (Two) or more Investors collectively, holding at least 20% (Twenty percent) of the Paid up Equity Share Capital of the Company shall be entitled to require an audit whether financial, cost, secretarial, environmental, social or otherwise, to be undertaken of the Company.
All subscriptions for Required Additional Equity Share Capital shall be made at a subscription price per Share based upon the valuation of the Company at the time of subscribtion, as determined in good faith by the Board.