Common use of Call on Shares Clause in Contracts

Call on Shares. The Directors may from time to time make calls upon the Members in respect of any monies unpaid on their Shares (whether on account of the nominal value of the Shares or by way of premium or otherwise) and not by the conditions of allotment thereof made payable at fixed terms, provided that no call shall be payable at less than one month from the date fixed for the payment of the last preceding call, and each Member shall (subject to receiving at least fourteen 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 as the Directors may determine. A call may be made payable by instalments.

Call on Shares. The Directors may from time to time make calls upon the Members in respect of any monies unpaid on their Shares shares (whether on account of the nominal value of the Shares shares or by way of premium or otherwise) and not by the conditions of allotment thereof made payable at fixed terms, provided that no call shall be payable at less than one month from the date fixed for the payment of the last preceding call, and each Member shall (subject to receiving at least fourteen 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 Sharesshares. A call may be revoked or postponed as the Directors may determine. A call may be made payable by instalments.

Call on Shares. The Directors may from time to time make calls upon the Members in respect of any monies unpaid on their Shares shares (whether on account of the nominal value of the Shares shares or by way of premium or otherwise) and not by the conditions of allotment thereof made payable at fixed terms, provided that no call shall be payable at less than one month from the date fixed for the payment of the last preceding call, and each Member shall (subject to receiving at least fourteen 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 Sharesshares. A call may be revoked or postponed as the Directors may determine. A call may be made payable by instalments.