AGGREGATION OF AUTHORISED CAPITAL Sample Clauses

AGGREGATION OF AUTHORISED CAPITAL. (a) Consequent to and as part of the arrangement of the Transferor Company into the Transferee Company, the Authorised Capital of the Transferor Company shall stand merged into and combined with the Authorised Capital of the Transferee Company, without any further act, deed, including without payment of any stamp duty, registration or filing fee on such combined Authorised Capital under Section 403 of the Companies Act, 2013.
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AGGREGATION OF AUTHORISED CAPITAL. 9.1 The provisions of this Clause shall operate notwithstanding anything to the contrary in any other instrument, deed or writing.
AGGREGATION OF AUTHORISED CAPITAL. 14.1.1 Upon the Scheme becoming effective and with effect from the appointed date, the authorised share capital of Transferor Companies shall stand consolidated and vested in and be merged with the authorized share capital of Transferee Company and shall stand reclassified as consisting of only equity shares of Rs. 10 each, without any liability for payment of any additional fees (including fees and charges to the relevant Registrar of Companies) or stamp duty, as such fees and duties in respect of such authorized share capital of Transferor Companies have already been paid by Transferor Companies, the benefit of which stands vested in Transferee Company pursuant to the Scheme becoming effective.

Related to AGGREGATION OF AUTHORISED CAPITAL

  • Certification of Authority The undersigned certify that the persons executing this agreement on behalf of City and SDA have legal authority to enter into this agreement on behalf of City and SDA respectively and have full authority to bind City and SDA in a valid Agreement on the terms herein.

  • TERMINATION OF AUTHORITY Immediately upon the Executive terminating or being terminated from his employment with the Company for any reason, notwithstanding anything else appearing in this Agreement or otherwise, the Executive will stop serving the functions of his terminated or expired position(s) and shall be without any of the authority or responsibility for such position(s).

  • Reservation of Authority Nothing in this subpart shall limit the authority of the Secretary to take action to enforce conditions or violations of law, including actions necessary to prevent evasions of this subpart.

  • Access by and Authentication of Authorized Users Authorized Users of the Participating Institutions shall be granted access to the Licensed Materials pursuant to the following:

  • LIMITATION OF AUTHORITY No person is authorized to make any representations concerning the Funds or the Shares except those contained in the Prospectus of each Fund and in such printed information as the Distributor may subsequently prepare. No person is authorized to distribute any sales material relating to any Fund without the prior written approval of the Distributor.

  • Representation of Authority Each individual executing this Agreement on behalf of a party hereto hereby represents and warrants that he or she is, on the date he or she signs this Agreement, duly authorized by all necessary and appropriate action to execute this Agreement on behalf of such party and does so with full legal authority.

  • Revocation of Authorization 1. Either Party may revoke, suspend or limit the operating authorizations or technical permissions of an airline designated by the other Party where:

  • Scope of Authority Committee meetings will be used for communications between the parties, to share information and to address concerns. The committee will have no authority to conduct any negotiations or modify any provision of this Agreement. The committee’s activities and discussions will not be subject to the grievance procedure in Article 30.

  • Delegation of Authority The General Partner may delegate any or all of its powers, rights and obligations hereunder, and may appoint, employ, contract or otherwise deal with any Person for the transaction of the business of the Partnership, which Person may, under supervision of the General Partner, perform any acts or services for the Partnership as the General Partner may approve.

  • Evidence of Authority The Custodian shall be protected in acting upon any instructions, notice, request, consent, certificate or other instrument or paper believed by it to be genuine and to have been properly executed by or on behalf of the Fund. The Custodian may receive and accept a certified copy of a vote of the Board of Directors of the Fund as conclusive evidence (a) of the authority of any person to act in accordance with such vote or (b) of any determination or of any action by the Board of Directors pursuant to the Articles of Incorporation as described in such vote, and such vote may be considered as in full force and effect until receipt by the Custodian of written notice to the contrary.

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