Share Capital Account definition

Share Capital Account means the bank account of the Issuer in which the Issuer has deposited the proceeds of its share capital in the amount of US$250.00 and the transaction fee in the amount of US$250.00, and such other amounts as may be deposited from time to time in connection with the issuance of Additional Notes as permitted under this Indenture.
Share Capital Account means a specified bank account in the name of the Issuer at Bank of Ireland;
Share Capital Account means share capital account as defined in section 975-300 of the ITAA 1997 which is an account the company keeps of its share capital,[8] or any other account (whether or not called a share capital account) that satisfies the following conditions: (i) the account was created on or after 1 July 1998, and (ii) the first amount credited to the account was an amount of share capital. Two or more accounts together may constitute the share capital account.[9]

Examples of Share Capital Account in a sentence

  • 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.

  • Except as specifically permitted in this Agreement, without the specific consent of each Shareholder adversely affected thereby, no amendment may (i) reduce the Per Share Capital Account of any Share, (ii) change the respective liabilities of the Sponsor and the Shareholders, (iii) have the effect of allocating Net Profits and Net Losses other than in accordance with Article 6 hereof (as in effect prior to such amendment), or (iv) change the provisions of this Agreement regarding such amendments.

  • Notwithstanding the provisions of Clauses 2.1 and 4.1, amounts shall only be withdrawn from an Issuer Transaction Account and/or the Issuer Share Capital Account to the extent that such withdrawal does not cause the relevant Issuer Account to become overdrawn.

  • The following sets out the signatories for the Issuer Share Capital Account, in accordance with Clause 3 of the Bank Mandate – Issuer Share Capital Account.

  • The Issuer Account Bank acknowledges that each of the Issuer Transaction Account Mandates and the Issuer Share Capital Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Issuer Deed of Charge and this Agreement.

  • The Company authorises the Issuer Cash Manager to instruct the Bank in relation to the Issuer Share Capital Account and authorises the Bank to act on those instructions in the manner set forth in the Issuer Bank Account Agreement.

  • Unless and until the Bank receives notice in writing from or purporting to be from the Issuer Security Trustee to the contrary, the Bank is authorised to continue to operate the Issuer Share Capital Account without regard to the security interests pursuant to the Issuer Deed of Charge.

  • A transferee of any Share pursuant to Article 9 shall succeed to the Per Share Capital Account relating to such Share.

  • The Share Capital Account means the bank account of the Issuer in which (i) the share capital portion allocated to Compartment Belgian Lion SME III and (ii) the interests accrued on the Share Capital Account are held.

  • The account in the name of the Company held with Santander UK plc (the Bank) (the Issuer Share Capital Account) will be used as an account for the benefit of the Company.


More Definitions of Share Capital Account

Share Capital Account means the bank account in the name of the Main SPV in which the share capital of the Main SPV is deposited (from time to time);
Share Capital Account means an account established for each member for all classes of shares issued by the Cooperative to its Members.
Share Capital Account means an account that holds a Member’s Share Capital.