Issued Share Capital. The issued share capital of BoatCo following successful completion of the Offer will be 6 Shares.
Issued Share Capital. The capitalization of the Company immediately prior to Closing consists of an authorized share capital of HK$1,000,000.00 with the following issued share capital:
Issued Share Capital. The issued share capital of the Company is RM100.00 divided into 100 ordinary shares of RM1.00 each held or to be held by the following Shareholders in the following proportions (as may be adjusted from time to time, the “Shareholding Proportion”) on the Closing:
(i) Super Apps – Sixty (60) Shares (representing 60.0% of the total issued and paid up share capital of the Company); and
(ii) MSB – Forty (40) Shares (representing 60.0% of the total issued and paid up share capital of the Company
Issued Share Capital. In compliance with the terms and conditions of this Agreement, the Company shall issue new ordinary shares to the Subscriber and the Subscriber shall pay the consideration as stated in Clause 3 of this Agreement to subscribe for the new ordinary share(s) (free from any options, mortgages, lien, equities, encumbrances, pre-emptive rights or any other third party rights).
Issued Share Capital. (a) The copy of the extract of the register of members of the Company attached to the Officer’s Certificate indicates that the issued share capital of the Company as at [·] March 2017 comprised [·] ordinary shares of £0.001 each. The latest return of allotment of shares dated 20 December 2016 and filed with the Registrar of Companies on 8 January 2017 indicates that all shares in issue on 20 December 2016 (i.e. 424,775,092 ordinary shares of £0.001 each) are fully paid such that members have paid all amounts on account of the nominal value and share premium in respect of such shares.
(b) The 424,775,092 ordinary shares of £0.001 each in the issued share capital of the Company conform to the description of the Ordinary Shares under the heading “Description of Share Capital - Key Provisions of Our Articles of Association Shares and Rights Attaching to Them” in the Prospectus.
(c) The liability of each member of the Company (in its capacity as a member) is limited to the amount, if any, unpaid on the shares held by it, and in the event of a winding up of the Company no contribution to the Company’s assets is required from that member (in its capacity as member) exceeding the amount, if any, unpaid on the shares in respect of which that member is liable as a past or present member. The foregoing is without prejudice to any contribution of the type contemplated pursuant to s74(2)(e) (restrictions on liability of members under policies of insurance, etc.), s74(2)(f) (sums due to members by way of dividends, profits or otherwise) or s76 (payments out of capital in respect of redemption or purchase of shares) Insolvency Xxx 0000.
Issued Share Capital. The Shareholders agree that UFSB shall have an initial capitalisation of Ringgit Malaysia Two (RM2.00) only comprising of 2 ordinary shares at an issue price of RM1.00 each, to be held in accordance with the shareholding ratio. The Shareholders further agree that UFSB shall have an eventual capitalisation at a total capitalisation and numbers of issued shares, to be agreed between the Shareholders, based on the shareholding ratio and the issued share capital of UFSB shall be increased as and when required by UFSB on a pro rata basis.
Issued Share Capital. It has a paid up share capital of not less than HKD1,000,000 or an equivalent amount in any other approved currency. For the purpose of this Subclause, approved currency means a currency which is freely convertible into Hong Kong dollars or a currency approved in writing by the Registrar of Money Lenders appointed under section 4 of the Money Lenders Ordinance (Cap. 163, Laws of Hong Kong) (the MLO) for the purpose of paragraph 12 of Part 2 of Schedule 1 to the MLO.
Issued Share Capital. As at the date of this Agreement, the current issued share capital of the Buyer is 12,833,126 Common Shares and the Buyer has granted options exercisable over a further 10,000 Common Shares.
Issued Share Capital. 2.2.1. Pursuant to the Business Acquisition Agreement 9,771,986 Ordinary Shares Class A have been or will be issued to or acquired by the Existing Investor II and the New Investor I in one or more tranches at an issue price of EUR 0.614 per share on or around the date of this Agreement. In addition, pursuant to the Transaction, as a consequence of the conversion of the debt under the loan notes as assumed by the Company, 5,320,000 Ordinary Shares Class A have been issued to the Existing Investors at a conversion price of EUR 1,00 per share at the Completion Date.
2.2.2. Pursuant to the New Investor II’s commitment to provide equity funding to the Company, 1,628,664 Ordinary Shares Class A in the capital of the Company will be issued to the New Investor II at an issue price of EUR 0.614 per share on or around the date of this Agreement.
2.2.3. The issued share capital of the Company after completion of the Transaction is as set out in SCHEDULE B (Share Capital).
Issued Share Capital. On the Closing Date, the authorized capital of the -------------------- Company will be 200,000,000 shares, of which 4,961,543 shares will be issued and outstanding. In addition, the Company will have 100,000 stock options outstanding as of the Closing Date which may by the Time of Closing be exchanged or exercised into 100,000 Shares of the Company. The Company's issued and outstanding Shares are validly issued, fully paid and non-assessable and such Shares were issued in compliance with applicable federal and state securities laws, including but not limited to the registration requirements of Section 5 of the U.S. Securities Act or an exemption therefrom.
