Justification for new issues of securities Sample Clauses

Justification for new issues of securities. The Board is of the opinion that the combination of ICPS and Shares are the most appropriate means to satisfy the purchase consideration of the Proposed Acquisitions, with a view to comply with the public shareholding spread requirement under Section 8.02 of the MMLR and to avoid any significant impact on the cash flow and gearing of the Company should the purchase consideration of the Proposed Acquisitions be settled in cash or bank borrowings. The issuance of the ICPS would also temporarily mitigate the dilutive effects on EPS of the Company should the entire purchase consideration be settled entirely via the issuance of new RSB Shares.
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Related to Justification for new issues of securities

  • Use of Project Development Security Buyer shall be entitled to draw upon the Project Development Security posted by Seller for Daily Delay Damages until such time as the Project Development Security is exhausted. Buyer shall also be entitled to draw upon the Project Development Security for any damages arising upon Buyer’s declaration of an Early Termination Date.

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  • Consolidation of Committees The parties to this Agreement and to the Agreement concerning drug and alcohol testing and EAP between TWU Local 250A and the SFMTA may elect to combine the joint labor- management committee established here and in the Local 250A Agreement.

  • VISIBILITY OF FUNDING FROM THE OFFICIAL DEVELOPMENT ASSISTANCE Unless the SAIDC requests or agrees otherwise, any communication or publication made by the Final Beneficiary that relates to the action, including at conferences, seminars or in any information or promotional materials (such as brochures, leaflets, posters, presentations in electronic form, etc.), including tangible assets acquired from the project must: (a) indicate that the action has received funding from the Official Development Assistance, SlovakAid and (b) display the SlovakAid logo. When displayed in association with another logo, the SlovakAid logo must have appropriate prominence. The obligation to display the SlovakAid logo does not confer on the Final Beneficiary a right of exclusive use. The Final Beneficiary may not appropriate the SlovakAid logo or any similar trademark or logo, either by registration or by any other means. For the purposes of the first, second and third subparagraphs and under the conditions specified therein, the Final Beneficiary may use the SlovakAid logo without first obtaining permission from the SAIDC.

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  • Special Offers/Promotions Generally Where Contractor generally offers more advantageous special price promotions or special discount pricing to other customers during the Contract term for a similar quantity, and the maximum price or discount associated with such offer or promotion is better than the discount or Net Price otherwise available under this Contract, such better price or discount shall apply for similar quantity transactions under this Contract for the life of such general offer or promotion; and

  • Purpose of Committee The purpose of the committee is to provide a forum for constructive engagement amongst representatives of plan participants, employers and the plan sponsor on issues of importance to the group benefits plan, including plan design, administration, and communication.

  • ADMISSION REQUIREMENTS FOR SENIOR COLLEGE PROGRAM  The A.A. degree and a minimum GPA of 2.00  Grade of C or better in a credit-bearing mathematics course worth three or more credits*  Grade of C or better in freshman composition, its equivalent, or a higher-level English course* *(Effective 10/1/08, per University policy) Students who wish to transfer but do not meet all of the above requirements or are unable to enroll within two years after graduation will receive admission consideration under our standard transfer credit policies. Total transfer credits granted toward the baccalaureate degree: 60 Total additional credits required at the senior college to complete baccalaureate degree: 60 Total credits required for the B.A. in Global History: 120

  • Promotion and Protection of Investment (1) Each Contracting Party shall encourage and create favourable conditions for investors of the other Contracting Party to make investments in its territory, and admit such investments in accordance with its laws and policy.

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