Adjusted Capital and Reserves definition

Adjusted Capital and Reserves means the aggregate of:

Adjusted Capital and Reserves means a sum equal to the aggregate of:

Adjusted Capital and Reserves means a sum equal to the aggregate from time to time of:

Examples of Adjusted Capital and Reserves in a sentence

• The determination of the Auditors as to the amount of the Adjusted Capital and Reserves at any time shall be conclusive and binding on all concerned and for the purposes of their computation the Auditors may at their discretion make such further or other adjustments (if any) as they think fit.

• Nevertheless the Directors may act in reliance on a bona fide estimate of the amount of the Adjusted Capital and Reserves at any time and if in consequence the limit hereinbefore contained is inadvertently exceeded an amount of borrowed moneys equal to the excess may be disregarded until the expiration of three months after the date on which by reason of a determination of the Auditors or otherwise the Directors became aware that such a situation has or may have arisen.

• The Board can rely on an estimate of the Adjusted Capital and Reserves made in good faith and, if as a result the borrowing limit is inadvertently exceeded, then the excess can be disregarded for three months after the Board learns that the limit has been exceeded.

• Nevertheless the Board may act in reliance on a bona fide estimate of the amount of the Adjusted Capital and Reserves at any time and if in consequence the limit contained in this Article is inadvertently exceeded an amount of borrowings equal to the excess may be disregarded until the expiration of three months after the date on which by reason of a certificate of the Auditors or otherwise the Board became aware that such a situation has or may have arisen.

• The report of a suitably qualified accountant, such suitability to be determined by the Board, as to the amount of the Adjusted Capital and Reserves or borrowings or that the limit imposed by this Article has not been or will not in any particular circumstances be exceeded shall be conclusive and binding on all concerned.

More Definitions of Adjusted Capital and Reserves

Adjusted Capital and Reserves means at any time a sum equal to the aggregate of:

Adjusted Capital and Reserves means a sum equal to the aggregate, as shown by the relevant balance sheet, of the amount paid up or credited or deemed to be paid up on the issued or allotted share capital of the Company and the amount standing to the credit of the reserves (including, without limitation, the profit and loss account and any share premium account or capital redemption reserve) of the Company and its subsidiary undertakings included in the consolidation in the relevant balance sheet but after:

Adjusted Capital and Reserves means at any time the aggregate of:

Adjusted Capital and Reserves means that sum, calculated from time to time, which equals the aggregate of the amount paid up on the issued or allotted share capital and the net amount of the credit and debit balances (if any) on the other reserves (whether distributable or undistributable) of the Company and its subsidiaries as shown in the latest audited consolidated balance sheet of the Company and its subsidiaries but after:

Adjusted Capital and Reserves means the aggregate from time to time of:

Adjusted Capital and Reserves means the aggregate for the Unilever Group of:

Adjusted Capital and Reserves means at any relevant time the aggregate of the amount of the issued and paid up share capital of the Company and the aggregate amount standing to the credit of the consolidated capital and revenue reserves of the Company and the Subsidiaries (including for the purpose hereof any share premium account, capital redemption reserve, revaluation reserve, the unappropriated balance of investment grants and the amount standing to the credit of the profit and loss account), all as shown in the Latest Consolidated Balance Sheet but: