Reduction of Capital definition

Reduction of Capital means the reduction of the share capital of INM by the cancellation of the INM Ordinary Shares, to be effected as part of the Scheme under Sections 84 to 86 of the Act;

Reduction of Capital means the reduction of the entire issued share capital of Yew Grove by the cancellation of all Yew Grove Shares in issue to be effected as part of the Scheme pursuant to Sections 84 to 86 of the Act;

Reduction of Capital means the reduction of capital of the company pursuant to the Act, details of which are to be set out in the Circular; and

Examples of Reduction of Capital in a sentence

• Reduction of Capital, Share Warrant.Directors, Position of Directors, Appointment, Powers and Duties of Directors, Other Office Bearers of the Company.

• Each Holder hereby agrees that the Trustee, on behalf of the Holder, is authorized and directed to give its consent to any such Reduction of Capital.

• The amount of the profits or retained earnings to be created by the IWG Reduction of Capital will depend upon the price at which IWG Ordinary Shares are issued by IWG pursuant to the Scheme.

• The necessary shareholder resolution for IWG to implement the IWG Reduction of Capital is expected to be passed by the IWG Initial Subscriber Shareholders shortly before the Scheme Effective Date, conditional upon the Scheme becoming effective.

• If the Scheme Conditions have been satisfied (or waived), the Scheme is expected to take legal effect (become ‘‘Effective’’) on the date on which: (a) a copy of the Court Order has been duly delivered to the Registrar of Companies in Cyprus for registration; and (b) the Reduction of Capital has been registered by the Registrar of Companies (the ‘‘Effective Date’’).

More Definitions of Reduction of Capital

Reduction of Capital means the reduction of capital to be undertaken by New TopCo by way of solvency statement pursuant to the Companies (Amending No. 11) (Jersey) Law 2014 in accordance with the Restructuring Plan;

Reduction of Capital means the reduction of the share capital of the Company under section 645 of the Companies Act by the redemption, cancellation and extinguishing of certain Shares, to be effected pursuant to clause 2.1;

Reduction of Capital means the court approved reduction of capital of Topco pursuant to the Companies Xxx 0000, which became effective on 29 October 2020, as more particularly described in the Circular;

Reduction of Capital means the reduction of the entire issued share capital of Yew Grove by the cancellation of all Yew Grove Shares in issue other than the Excluded Scheme Share to be effected as part of the Scheme under Sections 84 to 86 of the Act;

Reduction of Capital means the reduction of the entire issued share capital of Target REIT by the cancellation of the Target REIT Scheme Shares; "Registrar of Companies" means the Registrar of Companies in Dublin, Ireland as defined in Section 2 of the Act;

Reduction of Capital means the proposed reduction of the share capital of Intec in connection with the Scheme under Chapter 10 of Part 17 of the 2006 Act; Registrar of Companies means the Registrar of Companies of Companies for England and Wales;

Reduction of Capital. ’ means the proposed court-confirmed reduction of capital of the Company under Part 17 of the Act, reducing the nominal value of each of the New Shares to