December 2003. For the sole purpose of the above valuation adjustments, allowance shall be given in favour of the Purchasers for the diluting effect caused by the issuance of new Shares, if any, to any investor and/or its group company pursuant to the corresponding provision in the relevant subscription agreement. (Please see the formula cited hereinbelow.)
December 2003. The PRC party has not Mianyang Fulin The Management of The lease is expected obtained the LUR or Parkson Plaza Co Ltd Amsteel Group had liaised to be registered by Property Ownership (Amsteel Group’s with the PRC Party, 30 June 2004. In the Right(s) for building(s) equity holding : 60%) Sichuan Mianyang meantime, SMF has (“POR”) certificate in Fulin Real Estate given its undertaking its favour for property Development Co that it shall be leased by the PRC Party Ltd (“SMF”), to responsible to register to the JV Co or the lease register the lease of the the lease and will of the LUR or POR to building located at indemnify the JV Co the JV Co has not been No. 17, Xx Xxxxx Xx, against loss due to registered with the Mianyang City, non-registration of relevant authorities Sichuan Province, PRC. the lease. in the PRC.
December 2003. 8. Subject only to the amendments made pursuant to this Letter, the Facility Agreement shall remain in full force and effect and the security constituted by the Finance Documents shall continue and remain fully valid and enforceable and securing all the Secured Liabilities.
9. This Letter shall be governed by and construed in accordance with English law and the provisions of Clause 30 (Law and Jurisdiction) of the Facility Agreement shall extend and apply to this Letter as if the same were (mutatis mutandis) herein expressly set forth.
December 2003. (A) the Business has been carried on in the ordinary and usual course both as regards the nature, scope and manner of conducting the same and so as to maintain the same as a going concern; and
(B) there has been no material adverse change in the financial position of the Business.
December 2003. We, the undersigned Member shareholders of the Company, owning and representing 100% of the Company’s authorized, issued and fully paid up share capital, hereby sign this amended, replacement Memorandum of Association the th day of September, 2006 and indicate our unanimous consent that from said date this Memorandum of Association amends, replaces and supersedes all others; for the purposes of governing the Company in accordance with the Members’ wishes and also for the purposes of conforming the Company’s Memorandum of Association to the BVI Business Corporations Act, 2004 (Act 16 of 2004).
December 2003. We, the undersigned Member shareholders of the Company, owning and representing 100% of the Company’s authorized, issued and fully paid up share capital, hereby sign this amended, replacement Articles of Association the th day of September, 2006 and indicate our unanimous consent that from said date this Articles of Association amends, replaces and supersedes all others; for the purposes of governing the Company in accordance with the Members’ wishes and also for the purposes of conforming the Company’s Articles of Association to the BVI Business Corporations Act, 2004 (Act 16 of 2004). The fully executed and completed original resolutions of members and Directors required to Close and complete the transactions contemplated in this Agreement forms this Schedule-E and include:
December 2003. 10,234,836.36 December 2006.......... 2.56
December 2003. 6,579,018.58 November 2006........ 8.
December 2003. The Parties have received disbursements from the sale of MMBtu's Delivered during December, 2003 from the Rodessa/Sligo Interval of the Madisonville Rodessa Field in the following amounts: Redwood Hanover Gateway $626,088.00 $676,120.00 $68,538.00
December 2003. Upon advance of a Drawing under Clause 5, the Company shall apply all the proceeds thereof for the purposes described in Clause 4.1 above and for no other purpose whatsoever.
