Capital support. As of the date of this Agreement and as of Closing Date, other than disclosed in Schedule 10.15.6 no capital support or capital commitment has been offered to BaFin supporting the capital and/or financial solvency of any Target Company for periods starting January 1, 2008 which has not been consummated by December 31, 2013. 47/88
Capital support the WFOE shall assist the Operating Company in arranging necessary financing in order for the Operating Company to provide Financial Product Commission Sale Services. The amount of necessary financing and method of providing such financing are jointly determined by the Parties.
Capital support. Upon the terms and subject to the conditions of this Agreement, on the third business day following satisfaction or waiver of all of the conditions to the obligations of the parties set forth in Section 2 of this Agreement, or at such other time as Loews, CNAF and CCC may agree (the “Closing Date” which shall refer to the date of closing for the transactions described in paragraph A. and B. below, it being understood that such transactions need not close on the same date) Loews, CNAF and CCC will consummate the following transactions:
A. Purchase of CNAF Preferred Stock by Loews. CNAF will sell to Loews and Loews will purchase from CNAF the number of additional newly issued shares of a new class of CNAF Series I Convertible Participating Preferred Stock (the “Preferred Stock”), determined by dividing $750 million by the Per Share Purchase Price. The “Per Share Purchase Price” for the Preferred Stock will be one thousand (1000) times the volume weighted average of the daily trading prices of CNAF common stock based on trading between 9:30 a.m. and 4:00 p.m. Eastern Time, as reported by Bloomberg Financial L.P. for the five trading days from and including November 17, 2003 through November 21, 2003 (the “Pricing Period”). In the event that CNAF’s announcement of earnings for the third quarter of 2003 is released on a day following November 12, 2003, the Pricing Period will be moved forward one business day for each business day that occurs after November 12, 2003 until such announcement occurs. The Preferred Stock shall have the designation, powers, preferences and rights and the qualifications, limitations and restrictions set forth in the certificate of designation with respect to such series (as validly amended, modified or supplemented from time to time, the “Series I Certificate”) substantially in the form of Exhibit 1 attached hereto and made a part hereof. Subject to the satisfaction or, to the extent permitted by applicable law, waiver of the conditions set forth in Section 2 hereof, at the closing of the transactions contemplated by this Agreement, Loews shall pay such purchase price, against delivery of a certified copy of the Series I Certificate or other evidence of the issuance of such shares reasonably acceptable to Loews, by wire transfer in immediately available funds and CNAF shall promptly contribute the net proceeds of this issuance of Preferred Stock as capital to CCC. Any term or provision of this Agreement to the contrary notwithstandin...
Capital support. The Company will not waive any provision of any Support Agreement if to do so would result in a Rating Event.
Capital support. Parent shall, contribute to the Company the following cash amounts of immediately available funds in U.S. Dollars: (a) on or prior to the maturity of the Company 2018 Notes, $600,000,000, to be used to retire such outstanding debt obligations; and (b) on or prior to the consummation of the Unstacking, $525,000,000 that, together with the $175,000,000 that the Company has previously committed to make available for this purpose, will be used to facilitate the Unstacking.
Capital support. To the extent permitted by the PRC laws, based on iASPEC’s needs for its development and operation, IST agrees, from time to time, at its sole discretion, to provide iASPEC with capital support in the form, including but not limited to (i) entrustment loans to iASPEC and (ii) loans or advances to the Shareholder for the injection of capital into iASPEC; provided, that, with respect to clause (ii) above, the Shareholder is obligated to enter into an agreement in substantially the form attached as Exhibit B (an “Advance Agreement”) each time that XXX XXXXX HUAI receives loans or advances from IST for such purpose.
Capital support
