Initial Charter Capital definition

Initial Charter Capital means €1,000 (One Thousand Euro), which was or will be paid into the charter capital of the Subsidiary by the Agency for the purposes of establishing the Subsidiary (and which amount, for the avoidance of doubt, is to be paid to the Agency (by way of reimbursement) by the Provisional Winning Bidder, in addition to the Highest Bid Price, in accordance with these Rules of Tender).

Initial Charter Capital means €1,250 (one thousand two hundred fifty Euros), which was or will be paid into the charter capital of the Subsidiary by the Agency for the purposes of establishing the Subsidiary.

Examples of Initial Charter Capital in a sentence

• For the avoidance of doubt, the Share Sale Agreement and any related documents shall not be signed between the Agency (on behalf of the SOE) and the Provisional Winning Bidder until the total amount of the Highest Bid Price plus the Initial Charter Capital has been paid to the Agency, to the satisfaction of the Agency.

• The Agency shall credit the Bid Deposit of a Provisional Winning Bidder to the total of the Highest Bid Price and the Initial Charter Capital to be paid to the Agency to complete the purchase of the Subsidiary.

• The Winning Bidder shall, in addition to the winning bid price, reimburse the Agency for the Initial Charter Capital.

• Upon the receipt of the Investment Certificate, the entire SF Deposit shall be applied to the contribution of the Initial Charter Capital.

• We reviewed the planned outage schedule and commented on the reasonableness of the projected availability figures.

• There shall be no partial or deferred payment of the purchase price or the Initial Charter Capital.

• The Initial Charter Capital is the total capital in cash paid up by all Investors in the initial public offering of Fund Certificates and shall not be lower than fifty (50) billion Vietnamese Dong.