Shareholding. The Concessionaire shall ensure that the Applicant/ members of the Consortium maintain Management Control at least until expiry of the Exclusivity Period30 as also maintain their equity holding in the Concessionaire such that31:
Shareholding. 6.1 The Lead Member of such Preferred Bidder JV/consortium shall at all time during the License Period hold equity equivalent to …………..(as per clause 6.9.2) of the subscribed and paid up capital in the special purpose company incorporated by the parties to work as the contractor. Further, other consortium members whose technical/financial eligibility shall have been used for the purpose of qualification under this TENDER shall hold (as per clause
Shareholding. CSM is (either directly or through any one or more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of the issued share capital of the Borrower and Singapore Technologies Pte Ltd is (either directly or through any one of more of its wholly-owned subsidiaries) the legal and beneficial owner of at least 51 per cent. of the issued share capital of CSM;
Shareholding. 6.1 The Lead Member of such selected Bidder (JV / Consortium) shall at all time during the contract period hold equity equivalent to % (as per clause 6.9.2 of ITB) of the subscribed and paid up capital incorporated by the parties to work as the Contractor. Further, other consortium members whose technical / financial eligibility shall have been used for the purpose of qualification under this Tender document shall hold ………..% (as per clause 6.9.3 of ITB) equity respectively, in the subscribed and paid up capital during the contract period; Provided however that the Employer may in its sole and absolute discretion permit a JV / Consortium member to divest [in full/partially] its equity shareholding in the subscribed and paid up capital of the Contractor.
Shareholding. The Concessionaire shall ensure that:
Shareholding. The Guarantor shall always remain the 100 % owner of the Shares.
Shareholding. Despite any other clause of this agreement, You may hold shares in companies listed on any recognised stock exchange without the Company’s prior written consent if You hold less than 5% of the issued shares of any class of any one company.
Shareholding upon the making of the Capital Contributions pursuant to Clause 2.6.1 of the Shareholders’ Undertaking Agreement, the Share Capital will be EUR 15,000,000 and the Shareholders will be the owner of the following Shares Number of Nominal Value of Shareholder Shares Shares Percentage SP Holding 5 EUR 27,360 63,58 % EUR 27,360 EUR 9,160 EUR 30,320 EUR 9,442,800 Number of Nominal Value of Shareholder Shares Shares Percentage RWE-IN 4 EUR 51,130 29,42 % EUR 31,100 EUR 38,970 EUR 4,291,800 MFC IH 3 EUR 27,360 7 % EUR 12,940 EUR 1,009,700 and no person will have any right to subscribe for any additional Shares in the Share Capital;
Shareholding. (i) The Shareholder ceases to be the sole direct legal and equitable shareholder of the Charterers. (ii) The Guarantor ceases to be the sole direct legal and equitable, or indirect equitable, shareholder of the Shareholder. (iii) The Permitted Holders cease to legally, equitably and directly own, or equitably and indirectly own, at least fifty percent (50%) of the issued share capital of the Guarantor. (iv) The Permitted Holders cease to be the sole direct legal and equitable, or indirect equitable, shareholders of the Approved Manager. (p)
Shareholding. Each Shareholder hereby represents and warrants that, immediately upon completion of the transactions required to be completed on the Closing Date under the Share Exchange Agreement, such Shareholder (or one or more Controlled Affiliates of CTF designated by Altimo, or one or more Controlled Affiliates of Telenor ASA designated by Telenor Mobile, as applicable) will be the registered holder and beneficial owner of the Shares described opposite its name on Schedule I.
