Common use of Maintenance of capital Clause in Contracts

Maintenance of capital. A Transaction Party must not without the Agent’s prior written consent: (a) call up or pass a resolution to call up its unpaid share capital; (b) reduce or pass a resolution to reduce its capital; (c) buy-back or pass a resolution to buy-back, any of its shares; or (d) attempt or take any steps to do anything which it is not permitted to do under clauses 9.11(a), 9.11(b) or 9.11(c).

Maintenance of capital. A Transaction Party must not without the Agent’s prior written consent: (a) call up or pass a resolution to call up its unpaid share capital; (b) reduce or pass a resolution to reduce its capital; (cb) buy-back or pass a resolution to buy-back, any of its sharesshares or member ownership interests (as applicable); or (dc) attempt or take any steps to do anything which it is not permitted to do under clauses 9.11(a), 9.11(b9.12(a) or 9.11(c9.12(b).

Maintenance of capital. A Transaction Party must not without the Agent’s prior written consent: (a) call up or pass a resolution to call up its unpaid share capital; (b) reduce or pass a resolution to reduce its capital; (c) buy-back or pass a resolution to buy-back, any of its shares; or (d) attempt or take any steps to do anything which it is not permitted to do under clauses 9.11(a10.11(a), 9.11(b10.11(b) or 9.11(c10.11(c).

Maintenance of capital. A Transaction Party must not without the Agent’s prior written consent: (a) call up or pass a resolution to call up its unpaid share capital; (b) reduce or pass a resolution to reduce its capital; (cb) buy-back or pass a resolution to buy-back, any of its sharesshares or member ownership interests (as applicable); or (dc) attempt or take any steps to do anything which it is not permitted to do under clauses 9.11(a), 9.11(b16.12(a) or 9.11(c16.12(b).

Maintenance of capital. A Transaction Party must not not, without the Agent’s prior written consent: (a) call up or pass a resolution to call up its unpaid share capital; (b) reduce or pass a resolution to reduce its capital; (cb) buy-back or pass a resolution to buy-back, any of its sharesshares or member ownership interests (as applicable); or (dc) attempt or take any steps to do anything which it is not permitted to do under clauses 9.11(a), 9.11(b9.13(a) or 9.11(c9.13(b).

Maintenance of capital. A Transaction Party must not without the Agent’s prior written consent: (a) call up or pass a resolution to call up its unpaid share capital; (b) reduce or pass a resolution to reduce its capital; (c) buy-back or pass a resolution to buy-back, any of its shares; or (d) attempt or take any steps to do anything which it is not permitted to do under clauses 9.11(a8.12(a), 9.11(b8.12(b) or 9.11(c8.12(c).

Maintenance of capital. A Transaction Party must not without the Agent’s prior written consent: (a) call up or pass a resolution to call up its unpaid share capital; (b) reduce or pass a resolution to reduce its capital; (c) buy-back or pass a resolution to buy-back, any of its shares; or or (d) attempt or take any steps to do anything which it is not permitted to do under clauses 9.11(a8.12(a), 9.11(b8.12(b) or 9.11(c8.12(c).