Common use of Increase of Capital Clause in Contracts

Increase of Capital. In case of capital increase of the New Company after its establishment, FACTS and SPAR shall have the pre-emptive right to new shares to be issued for such capital increase in proportion to their respective shareholdings in the New Company.

Appears in 1 contract

Samples: Joint Venture and Shareholder Agreement (Spar Group Inc)

AutoNDA by SimpleDocs

Increase of Capital. In case of capital increase of the New Company after its establishment, FACTS CEO and SPAR shall have the pre-emptive preemptive right to new shares to be issued for such capital increase in proportion to their respective shareholdings in the New Company.

Appears in 1 contract

Samples: Joint Venture Agreement (Spar Group Inc)

Increase of Capital. In case of capital increase of the New Company after its establishment, FACTS TODOPROMO and SPAR shall have the pre-emptive preemptive right to new shares to be issued for such capital increase in proportion to their respective shareholdings in the New Company.

Appears in 1 contract

Samples: Joint Venture Agreement (Spar Group Inc)

AutoNDA by SimpleDocs

Increase of Capital. In case of capital increase of the New Company after its establishment, FACTS FI, Tudor and SPAR shall have the pre-emptive preemptive right to new shares to be issued for such capital increase in proportion to their respective shareholdings in the New Company.

Appears in 1 contract

Samples: Joint Venture Agreement (Spar Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!