Paid-in Capital. JVC shall have a paid-in capital of US Five Million Dollars (USD 5,000,000) consisting of five million shares (5,000,000) of common stock. HHI shall subscribe to and pay US Three Million Dollars (USD 3,000,000) for three million shares (3,000,000) amounting to sixty percent (60%) of JVC common stock shares and ENOVA shall subscribe to and pay US Two Million Dollars (USD 2,000,000) for two million shares (2,000,000) amounting to forty percent (40%) of JVC common stock shares. The subscription shall take place in the following manner:
Paid-in Capital. Subject to the terms and conditions set forth herein, Rex will contribute 60%, YEN 6,000,000, of the total initial paid in xxxital of the JV Company, YEN 100,000,000. Tesco will contribute 40%, YEN 4,000,000. Capital shall be paid in to the designated company account by wire transfer on the specified closing date as required by Japanese Commercial Code, (the "CLOSING DATE").
Paid-in Capital. The Company will have received from the Parties the Initial Contributions as total payment for the Units.
Paid-in Capital. During the Supplying Period, ASE shall cause the Company to maintain an amount of paid-in capital of greater than three hundred million Japanese yen (JPY 300,000,000) in order to prevent the Company from being categorized as a Subcontractor (shitauke jigyousha) under the Subcontractors Act. In the event that Article 2, Section 4 of the Subcontractors Act should be amended, then ASE shall cause the Company to maintain an amount of paid-in capital so that the Company will not be categorized as a Subcontractor (shitauke jigyosha) in relation to both NECY and NECEL under the Subcontractors Act.
Paid-in Capital. The amount of paid-in capital, with which the Corporation is beginning business, is $100,000.00.
Paid-in Capital. The Attorney in Fact shall issue a Certificate to each Subscriber in receipt and evidence for any amounts, as paid in capital. The Board of Directors of the Attorney in Fact shall determine the amount, if any, of paid in capital for each subscriber.
Paid-in Capital. The Company will at all times limit its “Paid-in-Capital” (as determined in accordance with GAAP) in NCB Financial Corporation to an amount not greater than 25% of Consolidated Adjusted Net Worth determined as of the end of the fiscal year of the Company ending on, or most recently ended prior to, such time.
Paid-in Capital. When Licensee has obtained paid in capital (i.e., cash provided by investors or their agents to purchase equity securities from Licensee) or grant funding of at least two hundred fifty thousand dollars ($250,000), Licensee will allocate a minimum of five percent (5%) of any additional paid in capital or grant funding to pay first, toward any outstanding patent costs and expenses at the time such paid in capital or grant funding is received by Licensee, and second, toward any patent costs and expenses incurred after the time such paid in capital or grant funding is received by Licensee. The foregoing is neither intended to nor does waive or excuse any failure to strictly comply with Sections 6.1 or 6.2 and without limitation, failure to strictly comply with Sections 6.1 or 6.2 shall be considered a payment default under Section 8.3(a).
