Common use of Forfeiture of Shares Clause in Contracts

Forfeiture of Shares. 26. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2632. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 26. If a Shareholder any shareholder fails to pay any call or instalment of a call in respect of any Shares on or before the day appointed for payment, the Directors may, directors may at any time thereafter during such time as any part of such while the call or instalment remains unpaid, unpaid serve a notice on them such shareholder requiring payment of so much of the call or instalment as is unpaid, thereof together with any interest which that may have accruedaccrued and all expenses that may have been incurred by the Company by reason of such non-payment.

Forfeiture of Shares. 2630. If a Shareholder fails to pay any call or instalment of a call in respect of any partly paid Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2641. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2637. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2643. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2628. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Board of Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 26. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2636. If a Shareholder fails to pay any call or instalment of a call in respect of any partly paid Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2625. If a Shareholder any shareholder fails to pay any call or instalment of a call in respect of any Shares on or before the day appointed for payment, the Directors may, directors may at any time thereafter during such time as any part of such while the call or instalment remains unpaid, unpaid serve a notice on them such shareholder requiring payment of so much of the call or instalment as is unpaid, thereof together with any interest which that may have accruedaccrued and all expenses that may have been incurred by the Company by reason of such non-payment.

Forfeiture of Shares. 2632. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him or her requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2629. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Board of Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2636. If a Shareholder fails to pay any call or instalment of a call in respect of any partly paid Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them such Shareholder requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 26. 41 If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for paymentpayment thereof, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so such much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2636. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 26. If a Shareholder fails to pay any call or instalment of a call in respect of any partly paid Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2627. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 2640. If a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the day appointed for payment, the Directors may, at any time thereafter during such time as any part of such call or instalment remains unpaid, serve a notice on them him requiring payment of so much of the call or instalment as is unpaid, together with any interest which may have accrued.

Forfeiture of Shares. 26. If a Shareholder any shareholder fails to pay any call or instalment of a call in respect of any Shares installment on or before the day appointed for payment, the Directors may, directors may at any time thereafter during such time as any part of such while the call or instalment installment remains unpaid, unpaid serve a notice on them such shareholder requiring payment of so much of the call or instalment as is unpaid, thereof together with any interest which that may have accruedaccrued and all expenses that may have been incurred by the Company by reason of such non-payment.