EFFECTS OF THE PROPOSED VARIATION Sample Clauses

EFFECTS OF THE PROPOSED VARIATION. The pro forma effects of the Proposed Variation are set out below: 6.1 Issued share capital and substantial shareholders’ shareholdings 6.2 Net assets (“NA”) per Share and gearing (1) The pro forma consolidated retained profits of the Company after the Proposed Variation was arrived at after into consideration the following: (i) expected total net profit of approximately RM41.79 million after taking into consideration the Revised APSB Entitlement Sum of RM190.00 million and deducting (a) the cost of the Development Land of approximately RM32.33 million as at 31 May 2020 (less tax of 24%); and (b) the profit recognised from the Joint Venture up to 31 May 2020 of approximately RM78.04 million; and (ii) estimated expenses of RM300,000 to be incurred in relation to the Proposed Variation, which consist of professional fees, regulatory fees, printing and despatch costs for the Circular, costs to convene the EGM and other incidental expenses relating to the Proposed Variation. (2) Calculated based on NA over number of Shares in issue. (3) Calculated based on total interest-bearing borrowings over NA. 6.3 Earnings per Share (“EPS”)
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EFFECTS OF THE PROPOSED VARIATION. The Proposed Variation will impact the conversion terms (i.e., MCP, Conversion Limit and size of sub-tranches of the Notes) for the conversion of the Notes. As at the LPD, the Conversion Price for the Notes is yet to be determined. Thus, the effects of the conversion of the Notes pursuant to the Proposed Variation are not ascertainable at this juncture. Although the MCP is revised to RM0.10, the maximum number of Conversion Shares to be issued should remain unchanged at 833,333,333 pursuant to the Conversion Limit as set out in the Proposed Variation. For illustration purposes, the pro forma effects of the Notes Issue as a result of the Proposed Variation, on the issued share capital of SHIB, the NA and gearing of SHIB Group, the substantial shareholders’ shareholdings in the Company are set out in the ensuing section based on the assumption that all three (3) tranches of the Notes are fully issued and converted at the Conversion Limit of 833,333,333 Conversion Shares.
EFFECTS OF THE PROPOSED VARIATION. The pro forma effects of the Proposed Variation are set out below: 5.1 Issued share capital and substantial shareholders’ shareholdings 5.2 Earnings per share (“EPS”) Pro forma consolidated PAT after the Proposed Variation 183,968

Related to EFFECTS OF THE PROPOSED VARIATION

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  • Proposed Policies and Procedures Regarding New Online Content and Functionality By October 31, 2017, the School will submit to OCR for its review and approval proposed policies and procedures (“the Plan for New Content”) to ensure that all new, newly-added, or modified online content and functionality will be accessible to people with disabilities as measured by conformance to the Benchmarks for Measuring Accessibility set forth above, except where doing so would impose a fundamental alteration or undue burden. a) When fundamental alteration or undue burden defenses apply, the Plan for New Content will require the School to provide equally effective alternative access. The Plan for New Content will require the School, in providing equally effective alternate access, to take any actions that do not result in a fundamental alteration or undue financial and administrative burdens, but nevertheless ensure that, to the maximum extent possible, individuals with disabilities receive the same benefits or services as their nondisabled peers. To provide equally effective alternate access, alternates are not required to produce the identical result or level of achievement for persons with and without disabilities, but must afford persons with disabilities equal opportunity to obtain the same result, to gain the same benefit, or to reach the same level of achievement, in the most integrated setting appropriate to the person’s needs. b) The Plan for New Content must include sufficient quality assurance procedures, backed by adequate personnel and financial resources, for full implementation. This provision also applies to the School’s online content and functionality developed by, maintained by, or offered through a third-party vendor or by using open sources. c) Within thirty (30) days of receiving OCR’s approval of the Plan for New Content, the School will officially adopt, and fully implement the amended policies and procedures.

  • Amendments - Changes/Extra Work The Subrecipient shall make no changes to this Contract without the County’s written consent. In the event that there are new or unforeseen requirements, the County has the discretion with the Subrecipient’s concurrence, to make changes at any time without changing the scope or price of the Contract.‌ If County-initiated changes or changes in laws or government regulations affect price, the Subrecipient’s ability to deliver services, or the project schedule, the Subrecipient will give County written notice no later ten (10) days from the date the law or regulation went into effect or the date the change was proposed and Subrecipient was notified of the change. Such changes shall be agreed to in writing and incorporated into a Contract amendment. Said amendment shall be issued by the County-assigned Contract Administrator, shall require the mutual consent of all Parties, and may be subject to approval by the County Board of Supervisors. Nothing herein shall prohibit the Subrecipient from proceeding with the work as originally set forth or as previously amended in this Contract.

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  • Underwriter’s Review of Proposed Amendments and Supplements During the period beginning at the Applicable Time and ending on the later of the Closing Date or such date as, in the opinion of counsel for the Underwriters, the Prospectus is no longer required by law to be delivered in connection with sales by the Underwriters or selected dealers, including under circumstances where such requirement may be satisfied pursuant to Rule 172 under the Securities Act (the “Prospectus Delivery Period”), prior to amending or supplementing the Registration Statement or the Prospectus, including any amendment or supplement through incorporation by reference of any report filed under the Exchange Act, the Company shall furnish to the Underwriters for review a copy of each such proposed amendment or supplement, and the Company shall not file any such proposed amendment or supplement to which the Underwriters reasonably objects.

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