CAPACITY AND POWERS. 6.1. Subject to the Act and any other British Virgin Islands legislation, the Company has, irrespective of corporate benefit: (a) full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and (b) for the purposes of paragraph (a), full rights, powers and privileges. 6.2. For the purposes of section 9(4) of the Act, there are no limitations on the business that the Company may carry on.
Appears in 4 contracts
Samples: Implementation Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Shareholders’ Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Implementation Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
CAPACITY AND POWERS. 6.15.1. Subject to the Act and any other British Virgin Islands legislation, the Company has, irrespective of corporate benefit:
(a) full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and
(b) for the purposes of paragraph (a), full rights, powers and privileges.
6.25.2. For the purposes of section 9(4) of the Act, there are no limitations on the business that the Company may carry on.
Appears in 2 contracts
Samples: Series A1 Preferred Share Purchase Agreement (Le Gaga Holdings LTD), Series a Preferred Share Purchase Agreement (Le Gaga Holdings LTD)
CAPACITY AND POWERS. 6.15.1. Subject to the Act and any other British Virgin Islands legislation, the Company has, irrespective of corporate benefit:
(a) full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and
(b) for the purposes of paragraph (a), ) full rights, powers powers, and privileges.
6.2. For the purposes of section 9(4) of the Act, there are no limitations on the business that the Company may carry on.
Appears in 2 contracts
Samples: Share Subscription Agreement (Le Gaga Holdings LTD), Share Subscription Agreement (Le Gaga Holdings LTD)
CAPACITY AND POWERS. 6.1. 5.1 Subject to the Act and any other British Virgin Islands legislation, the Company has, irrespective of corporate benefit:
(a) full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and
(b) for the purposes of paragraph (a), full rights, powers and privileges.
6.2. 5.2 For the purposes of section 9(4) of the Act, there are no limitations on the business that the Company may carry on.
Appears in 1 contract
Samples: Restructuring Agreement (Michael Kors Holdings LTD)
CAPACITY AND POWERS. 6.1. Subject to the Act and any other British Virgin Islands legislation, the Company has, irrespective of corporate benefit:
(a) full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and
(b) for the purposes of paragraph subparagraph (a), full rights, powers and privileges.
6.2. For the purposes of section 9(4) of the Act, there are no limitations on the business that the Company may carry on.
Appears in 1 contract
CAPACITY AND POWERS. 6.15.1. Subject to the Act and any other British Virgin Islands legislation, the Company has, irrespective of corporate benefit:
(a) full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and
(b) for the purposes of paragraph (a), ) full rights, powers powers, and privileges.,
6.25.2. For the purposes of section 9(4) of the Act, there are no limitations on the business that the Company may carry on.
Appears in 1 contract
CAPACITY AND POWERS. 6.1. 5.1 Subject to the Act and any other British Virgin Islands legislation, the Company has, irrespective of corporate benefit:
(a) full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and
(b) for the purposes of paragraph (a), full rights, powers and privileges.
6.2. 5.2 For the purposes of section 9(4) of the Act, Act there are no limitations limitation on the business that the Company may carry on.
Appears in 1 contract
Samples: Shareholders Agreement (Agria Corp)
CAPACITY AND POWERS. 6.1. Subject to the Act and any other British Virgin Islands legislation, the Company has, irrespective of corporate benefit:
(a) full capacity to carry on or undertake any business or activity, do any act or enter into any transaction; and
(b) for the purposes of paragraph (asub-Clause 4(a), full rights, powers and privileges.
6.2. For the purposes of section 9(4) of the Act, there are no limitations on the business that the Company may carry on.
Appears in 1 contract
