Authorized Capital definition

Authorized Capital or “Nominal Capital” means such capital as is authorized by the Memorandum of the Company to be the maximum amount of share capital of the Company.

Authorized Capital of a company means the sum of the aggregate par value of all shares with par value which the company is authorized by its Memorandum to issue plus the amount, if any, stated in its Memorandum as authorized capital to be represented by shares without par value which the company is authorized by its Memorandum to issue;

Authorized Capital has the meaning set out in Section (c) of Schedule F.

Examples of Authorized Capital in a sentence

• Shares of the Company (i) which are issued or sold during the term of the Authorized Capital 2021 excluding shareholders’ pre- emption rights directly or respectively applying Section 186 (3) sentence 4 AktG or (ii) which are or can be issued to service option and convertible bonds applying Section 186 (3) sentence 4 AktG while excluding shareholders’ pre-emption rights during the term of the Authorized Capital 2021, shall be counted towards said limit of 10%.

• The Supervisory Board is entitled to adjust the respective version of the Company’s Articles of Association with re- gard to the respective use of the Authorized Capital 2021 and after the expiration of the authorization period.

• The Management Board shall be authorized with approval of the Su- pervisory Board, to increase the share capital of the Company by up to EUR 30,000,000.00 by issuing, once or several times, new no par- value bearer shares against contributions in cash and/or kind until 4 May 2026 (Authorized Capital 2021).

• Transactions with Shares in the Authorized Capital of a Limited Liability Company, a Handbook.

• The above-mentioned Increase in Authorized Capital Stock and the Amendment of the Articles of Incorporation and By-Laws were approved by SEC on 18 June 2013.

More Definitions of Authorized Capital

Authorized Capital means the authorized capital of the Company, as specified in the then-applicable Articles of Association.

Authorized Capital means the authorized capital as determined under section 25; (“capital social autorisé”)

Authorized Capital means, at any time or for any period as the context requires, the aggregate amount of capital allocated to NYGB from all sources, expressed in dollars. Authorized Capital does not include $500,000 ofU.S. Department of Energy (“DOE”) funds specifically designated for providing loan loss reserve facilities to support property-assessed clean energy projects which was transferred to NYGB by NYSERDA in May 2014, given the fit of these types of activities within the Investment Portfolio. The DOE funds, together with all repayments and related fees over time, must remain segregated and available only for the particular purposes originally intended.

Authorized Capital means the numbers and classes of shares that the Corporation is authorized to issue by virtue of the Articles, currently being an unlimited number of Common Shares, and an unlimited number of Preferred Shares, as may from time to time be amended in accordance with the provisions of this Agreement and the Act;

Authorized Capital has the meaning set forth in Section 5.1.

Authorized Capital means the capital created by SSU in accordance with Section 55a of the German Limited Liability Companies Act designated to ensure a conversion pursuant to certain convertible loan instruments, inter alia, pursuant to the terms of the Convertible Loan Agreements.

Authorized Capital means paid-in and registered subscribed capital.