LGSM definition

LGSM means the General Law of Companies (Ley General de Sociedades Mercantiles), as amended, or supplemented from time to time.

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LGSM means the Ley General de Sociedades Mercantiles of Mexico, as amended from time to time.

LGSM means the General Law of Commercial Companies (Ley General de Sociedades Mercantiles).

Examples of LGSM in a sentence

• The Shareholders must meet at least once each calendar year within the first four (4) months of each calendar year in order to hold an annual general ordinary meeting of the Shareholders in accordance with Article 181 of the LGSM.

• In accordance with article 223 (two hundred and twenty-three) of the LGSM, the resolutions concerning the merger and the balance sheet must be published in the electronic system of the Ministry of Economy (Secretaría de Economía).

• De conformidad con lo establecido en el Artículo 223 (doscientos veintitrés) de la LGSM, las resoluciones referentes a la fusión y el Balance se publicarán en el Sistema Electrónico de Publicaciones de Sociedades Mercantiles de la Secretaría de Economía.

• The Shareholders expressly waive their rights of withdrawal granted by article 220 of the LGSM, and therefore, no Shareholder shall be entitled to the return of any part of its capital contributions to the Company or to be paid interest in respect of such capital contributions, without prejudice of the rights granted by articles 200 and 206 of the LGSM.

• The initial amounts to be recorded in the Tracking Account of each of Invecture and DZHC shall be equal to the Initial Contribution of each Shareholder deemed pursuant to Section 5.1. For greater certainty, the Tracking Accounts are intended to track the actual and deemed capital contributions of the Shareholders for determining each Shareholder’s Proportionate Share and is separate from the capital of the Company for LGSM purposes.

More Definitions of LGSM

LGSM means the General Law of Mercantile Corporations (Ley General de Sociedades Mercantiles).

LGSM means the Ley General de Sociedades Mercantiles (General Law of Commercial Companies (Mexico)), as amended from time to time.

LGSM means the General Law of Companies ( Ley General de Sociedades Mercantiles ), as amended, or supplemented from time to time.

LGSM means the Mexican General Law of Business Corporations (Ley General de Sociedades Mercantiles).

LGSM is to be understood as the General Business Corporations Law [Ley General de Sociedades Mercantiles - LGSM]. “LIC” is to be understood as the Credit Institutions Law [Ley de Instituciones de Credito - LIC].

LGSM means the Mexican General Law of Commercial Companies of Mexico (Ley General de Sociedades Mercantiles);

LGSM means the Mexican General Law of Business Corporations (Ley General de Sociedades Mercantiles). “LMV” means the Mexican Securities Market Law (Ley del Mercado de Valores).