Common use of Call on Shares Clause in Contracts

Call on Shares. 15.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear days' notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 14.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 14.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 14.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 14.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 14.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 14.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 14.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 14.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 16.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear days' notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 16.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 16.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 16.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 16.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 16.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 16.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 16.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen (14) clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him them notwithstanding the subsequent transfer of the Shares in respect of which the call was made. For the purposes of Articles 15 and 16, Director(s) that are nominated by the Member(s) whose Shares are subject to calls pursuant to this Article 15 shall be excluded from deliberating, voting and deciding on the subject matters covered hereunder. 15.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising authorizing such call was passed. 15.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay an interest equal to fifteen percent (15%) per annum on the amount unpaid from the day it became due and payable until it is paid or at such other interest rate as the Directors may determine from time to time (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles Articles, shall apply as if that amount had become due and payable by virtue of a call. 15.6 The Subject to Article ‎45 hereof, the Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by himthat Member, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 14.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen 14 clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him them notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 14.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 14.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 14.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 14.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 14.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 14.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by himthat Member, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 14.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 Subject to the terms of the allotment and issue of The Borrower shall as soon as any Shares, the Directors may make calls upon the Members call in respect of its share capital has been resolved upon by the Directors or as soon as it shall have been resolved to issue any monies unpaid on their Shares (whether unissued share capital or to create any new shares immediately give notice of such call to the Bank or give notice to the Bank of the intention of the Borrower to issue or create any such share capital as aforesaid and the proposed amount thereof and shall not until the expiration of seven clear days from the time when such notice shall have been sent to the Bank or such other time as may be required by the Bank issue any notice to the members of the Borrower in respect of par value payment of any calls or premium)issue or create any such existing or new shares respectively as aforesaid. If the Bank shall so require every notice, and each Member prospectus, application form or allotment letter sent out by the Borrower in pursuance of any such resolution shall (subject to receiving at least fourteen clear days' notice specifying direct the time members or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable applicants for calls made upon him notwithstanding the subsequent transfer allotment of the Shares in respect share of which the Borrower to pay the call was made. 15.2 A call shall be deemed to have been so made at or the time when the resolution of the Directors authorising such call was passed. 15.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 An amount moneys payable in respect of a Share on issue the said existing or allotment new shares to the Bank or at as it shall direct and if no such requisition be made by the Bank the members, applicants or allottees shall be directed to pay any fixed date, whether on call or other moneys into the Bank's office (as may be informed or notified) to the joint account of the par value Borrower and the Bank or in such manner as the Bank may direct. The Bank shall be entitled to require all such calls or moneys received by the Borrower to be applied either wholly or partly in or towards the payment or satisfaction of the Share principal sum, interest and other moneys due to the Bank but in default of the Bank requiring the said calls or premium or otherwisemoneys to be so applied as aforesaid within one month of their being paid, the Borrower may without the consent of the Bank apply the whole of the balance thereof over and above what shall be deemed required by the Bank to be a call and if it is not paid all otherwise applied to the provisions general purposes of the Articles Borrower as it shall apply as if think fit provided also that amount had become due and payable by virtue of a call. 15.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest all moneys hereunder to be paid. 15.7 The Directors may, if they think fit, receive an amount received by the Borrower from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 No such amount paid its members in advance of calls upon the shares shall entitle be held by the Member paying such amount Borrower in trust for the Bank and so as to any portion form part of a Dividend the securities and shall be dealt with in the manner hereinbefore mentioned in the case of calls or other distribution payable in respect of any period prior to moneys received by the date upon which such amount would, but for such payment, become payableBorrower.

Call on Shares. 15.1 Subject to the terms of the allotment and issue of The Borrower shall as soon as any Shares, the Directors may make calls upon the Members call in respect of its share capital has been resolved upon by the Directors or as soon as it shall have been resolved to issue any monies unpaid on their Shares (whether unissued share capital or to create any new shares immediately give notice of such call to the Bank or give notice to the Bank of the intention of the Borrower to issue or create any such share capital as aforesaid and the proposed amount thereof and shall not until the expiration of seven clear days from the time when such notice shall have been sent to the Bank issue any notice to the members of the Borrower in respect of par value payment of any calls or premium), and each Member issue or create any such existing or new shares respectively as aforesaid. If the Bank shall (subject to receiving at least fourteen clear days' so require every notice specifying prospectus application form or allotment letter sent out by the time Borrower in pursuance of any such resolution shall direct the members or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable applicants for calls made upon him notwithstanding the subsequent transfer allotment of the Shares in respect share of which the Borrower to pay the call was made. 15.2 A call shall be deemed to have been so made at or the time when the resolution of the Directors authorising such call was passed. 15.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 An amount moneys payable in respect of a Share on issue the said existing or allotment new shares to the Bank or at as it shall direct and if no such requisition be made by the Bank the members, applicants or allottees shall be directed to pay any fixed date, whether on call or other moneys into the Bank's office (as may be informed or notified) to the joint account of the par value Borrower and the Bank or in such manner as the Bank may direct. The Bank shall be entitled to require all such calls or moneys received by the Borrower to be applied either wholly or partly in or towards the payment or satisfaction of the Share principal, sum, interest and other moneys due to the Bank but in default of the Bank requiring the said calls or premium or otherwisemoneys to be so applied as aforesaid within one month of their being paid, the Borrower may without the consent of the Bank apply the whole of the balance thereof over and above what shall be deemed required by the Bank to be a call and if it is not paid all otherwise applied to the provisions general purposes of the Articles Borrower as it shall apply as if think fit provided also that amount had become due and payable by virtue of a call. 15.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest all moneys hereunder to be paid. 15.7 The Directors may, if they think fit, receive an amount received by the Borrower from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 No such amount paid its members in advance of calls upon the shares shall entitle be held by the Member paying such amount Borrower in trust for the Bank and so as to any portion form part of a Dividend the securities and shall be dealt with in the manner hereinbefore mentioned in the case of calls or other distribution payable in respect of any period prior to moneys received by the date upon which such amount would, but for such payment, become payableBorrower.

Call on Shares. 15.1 Subject to the terms of the allotment and issue of The Borrower shall as soon as any Shares, the Directors may make calls upon the Members call in respect of its share capital has been resolved upon by the Directors or as soon as it shall have been resolved to issue any monies unpaid on their Shares (whether unissued share capital or to create any new shares immediately give notice of such call to the Bank or give notice to the Bank of the intention of the Borrower to issue or create any such share capital as aforesaid and the proposed amount thereof and shall not until the expiration of seven clear days from the time when such notice shall have been sent to the Bank issue any notice to the members of the Borrower in respect of par value payment of any calls or premium), and each Member issue or create any such existing or new shares respectively as aforesaid. If the Bank shall (subject to receiving at least fourteen clear days' so require every notice specifying prospectus application form or allotment letter sent out by the time Borrower in pursuance of any such resolution shall direct the members or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable applicants for calls made upon him notwithstanding the subsequent transfer allotment of the Shares in respect share of which the Borrower to pay the call was made. 15.2 A call shall be deemed to have been so made at or the time when the resolution of the Directors authorising such call was passed. 15.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 An amount moneys payable in respect of a Share on issue the said existing or allotment new shares to the Bank or at as it shall direct and if no such requisition be made by the Bank the members, applicants or allottees shall be directed to pay any fixed date, whether on call or other moneys into the Bank's office (as may be informed or notified) to the joint account of the par value Borrower and the Bank or in such manner as the Bank may direct. The Bank shall be entitled to require all such calls or moneys received by the Borrower to be applied either wholly or partly in or towards the payment or satisfaction of the Share principal sum interest and other moneys due to the Bank but in default of the Bank requiring the said calls or premium or otherwisemoneys to be so applied as aforesaid within one month of their being paid, the Borrower may without the consent of the Bank apply the whole of the balance thereof over and above what shall be deemed required by the Bank to be a call and if it is not paid all otherwise applied to the provisions general purposes of the Articles Borrower as it shall apply as if think fit provided also that amount had become due and payable by virtue of a call. 15.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest all moneys hereunder to be paid. 15.7 The Directors may, if they think fit, receive an amount received by the Borrower from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 No such amount paid its members in advance of calls upon the shares shall entitle be held by the Member paying such amount Borrower in trust for the Bank and so as to any portion form part of a Dividend the securities and shall be dealt with in the manner hereinbefore mentioned in the case of calls or other distribution payable in respect of any period prior to moneys received by the date upon which such amount would, but for such payment, become payableBorrower.

Call on Shares. 15.1 13.1 Subject to the terms of the allotment and issue of any Shares, the Directors may from time to time make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear days' days notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, postponed as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 13.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 13.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 13.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment)determine, but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 13.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the these Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 13.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 13.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 13.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable declared in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 16.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen (14) clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him them notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 16.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 16.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 16.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 16.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 16.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 16.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by himthat Member, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 16.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 14.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 14.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 14.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 14.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-paymentnonpayment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 14.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 14.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 14.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 14.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 Subject to the terms (a) The Board of the allotment and issue of any Shares, the Directors may from time to time make calls upon the Members in respect of any monies unpaid on their Shares shares (whether in respect on account of par the nominal value of the shares or premium), by way of premium or otherwise) and not by the conditions of allotment thereof made payable at fixed terms; and each Member shall (shall, subject to receiving at least fourteen clear 14 days' notice (or some shorter period of notice as may have been authorized by the terms on issue of the shares) specifying the time or times of payment) , pay to the Company at the time or times so specified the amount called on the Sharesshares. A call may be revoked or postponed, in whole or in part, postponed as the Board of Directors may determine. A call may be required to be paid made payable by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was madeinstallments. 15.2 (b) A call shall be deemed to have been made at the time when the resolution of the Board of Directors authorising authorizing such call was passedpassed unless otherwise provided by the Board of Directors. 15.3 (c) The joint holders of a Share share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 11.2 If a call remains unpaid after it has become due and payablesum called in respect of a share is not paid before or on the day appointed for payment thereof, the person persons from whom it the sum is due shall pay interest on the amount unpaid sum from the day it became due and payable until it is paid appointed for payment thereof to the time of actual payment at such rate not exceeding fifteen percent (15%) per annum as the Board of Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment)determine, but the Board of Directors may shall be at liberty to waive payment of the such interest or expenses either wholly or in part. 15.5 An amount payable in respect 11.3 Any sum which by the terms of a Share share becomes payable on issue or allotment or at any fixed date, whether on account of the par nonfinal value of the Share share or by way of premium or otherwise, shall for the purposes of these Articles be deemed to be a call duly made, notified and if it is not paid payable on the date on which by the terms of issue the same becomes payable, and in the case of nonpayment, all the relevant provisions of the these Articles as to payment of interest, forfeiture or otherwise shall apply as if that amount such sum had become due and payable by virtue of a callcall duly made and notified. 15.6 11.4 The Board of Directors may may, on the issue Shares with different terms of shares, differentiate between the holders as to the amount and times of payment of calls, calls or the interest to be paidpaid and the times of payment. 15.7 (a) The Board of Directors may, if they think it thinks fit, receive an amount from any Member willing to advance the same, all or any part of the monies uncalled and unpaid upon any Shares shares held by him, and upon all or any of the monies so advanced may (until the amount same would otherwise but for such advances, become payable) pay interest at such rate as may be agreed upon between the Directors Company and the Member paying such amount sum in advance. 15.8 (b) No such amount sum paid in advance of calls shall entitle the Member paying such amount sum to any portion of a Dividend or other distribution payable dividend declared in respect of any period prior to the date upon which such amount sum would, but for such payment, become presently payable.

Call on Shares. 15.1 14.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear days' notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 14.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 14.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 14.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 14.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 14.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 14.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 14.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 Subject to the terms of the allotment and issue of any Shares, the Directors Board may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen (14) clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors Board may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 A call shall be deemed to have been made at the time when the resolution of the Directors Board authorising such call was passed. 15.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors Board may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors Board may waive payment of the interest or expenses wholly or in part. 15.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the these Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 The Directors Board may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 The Directors Board may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors Board and the Member paying such amount in advance. 15.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 18.1 Subject to the terms of the allotment and issue of any Shares, the Directors Board may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear (14) calendar days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors Board may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 18.2 A call shall be deemed to have been made at the time when the resolution of the Directors Board authorising such call was passed. 15.3 18.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 18.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors Board may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors Board may waive payment of the interest or expenses wholly or in part. 15.5 18.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the these Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 18.6 The Directors Board may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 18.7 The Directors Board may, if they think it thinks fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors Board and the Member paying such amount in advance. 15.8 18.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 13.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium)Shares, and each Member shall (subject to receiving at least fourteen (14) clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him or her notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 13.2 A call shall be deemed to have been made at the time when the resolution Resolution of the Directors authorising such call was passed. 15.3 13.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 13.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred or sustained by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 13.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, date shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 13.6 The Directors Company may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 13.7 The Directors Company may, by Resolution of Directors, if they the Directors think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by himhim or her, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 13.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend dividend or other distribution Distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.

Call on Shares. 15.1 19.1 Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall (subject to receiving at least fourteen clear days' ’ notice specifying the time or times of payment) pay to the Company at the time or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made. 15.2 19.2 A call shall be deemed to have been made at the time when the resolution of the Directors authorising such call was passed. 15.3 19.3 The joint holders of a Share shall be jointly and severally liable to pay all calls in respect thereof. 15.4 19.4 If a call remains unpaid after it has become due and payable, the person from whom it is due shall pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine (and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive payment of the interest or expenses wholly or in part. 15.5 19.5 An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions of the Articles shall apply as if that amount had become due and payable by virtue of a call. 15.6 19.6 The Directors may issue Shares with different terms as to the amount and times of payment of calls, or the interest to be paid. 15.7 19.7 The Directors may, if they think fit, receive an amount from any Member willing to advance all or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable) pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance. 15.8 19.8 No such amount paid in advance of calls shall entitle the Member paying such amount to any portion of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such payment, become payable.