ORGANISATION OF THE COMPANY. The Company is a company limited by shares established under the laws of the Republic of Hungary and is duly organized, validly existing and in good standing.
ORGANISATION OF THE COMPANY. (1) The right of the Kingdom of Denmark to make decisions regarding the activities of the company shall be exercised at the general shareholders’ meetings of the company.
ORGANISATION OF THE COMPANY. The Company is a Swiss company duly incorporated, validly existing and in good standing under the laws of Switzerland. The extract from the Commercial Registry and the Articles of Association of the Company which are attached hereto as Exhibits B and C are true, correct and complete as of the date hereof.
ORGANISATION OF THE COMPANY. The Purchaser is a company limited by shares established under the laws of the State of Delaware and is duly organized, validly existing and in good standing.
ORGANISATION OF THE COMPANY. 2.0 The affairs of the Company will be managed by a board of three (3) directors unless changed by a Unanimous Directors' Resolution. The present directors of the Company are Pat, Xxxxx and Xxxx. It is agreed that Xxx, Xxxxx and Xxxx shall each be entitled to elect one director to the board of directors of the Company so long as each is a Shareholder. Two
ORGANISATION OF THE COMPANY. 3.1 As at the date of this Agreement, the following Shareholders are the legal and beneficial owners of such number of Shares as set opposite their respective names below: Name Number of Share(s) Percentage of shareholding in the Company Party A 7,000 70% Party B 3,000 30% The shareholding of the Shareholders in the Company shall, subject to the application of other provisions in this Agreement resulting in the contrary, at all times be in the proportion specified above.
ORGANISATION OF THE COMPANY. 2.0 The affairs of the Company will be managed by the Publisher Xxxxxx Xxxx Snr or as appointed by the same. It is agreed that Austin shall be entitled to appoint two directors to the board of directors of the Company so long as each is a Shareholder. Two (2) directors shall constitute a quorum for the transaction of any business at any meeting of the board of directors. At all meetings of the board of directors, every motion to be carried must receive a majority of the votes cast, subject to the provisions of sub-paragraphs 2.4 and 2.5. Unless otherwise agreed, board meetings will be held at the head office of the Company.
ORGANISATION OF THE COMPANY. The Company has been duly organised and is validly existing as a public company (societe anonyme) under the laws of Luxembourg and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Offering Circular and to enter into and perform its obligations under the Securities and the Operative Documents (including this Purchase Agreement) and the transactions contemplated thereby; and the Company is duly qualified as a foreign corporation to transact business in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify would not result in a Material Adverse Effect.
ORGANISATION OF THE COMPANY. As soon as practicable after the execution of this Agreement, the Shareholders will procure that:
ORGANISATION OF THE COMPANY. The Company was organized pursuant to the provisions of the Indiana Code (I.C. 23-18, et seq.), as in effect from time to time and any successor thereto (the “Act”) on May 7
