Payment of Calls in Advance. (1) The Directors may, if they think fit, receive from any member all or any part of the amount unpaid on a share although no part of that amount has been called up and may authorize the Company to pay interest upon the whole or any part of the moneys so paid in advance until the amount becomes payable, at the 90 day bank bill rate as charged by the Company’s principal bankers at the date the advance is made, or such lesser rate as may be agreed between the Directors and the member.
Appears in 4 contracts
Samples: National Rail Corporation Agreement, National Rail Corporation Agreement Act 1992, National Rail Corporation Agreement Act 1992
Payment of Calls in Advance. (1) The Directors may, if they think fit, receive from any member all or any part of the amount unpaid on a share although no part of that amount has been called up and may authorize the Company to pay interest upon the whole or any part of the moneys so paid in advance until the amount becomes payable, at the 90 day bank bill xxxx rate as charged by the Company’s principal bankers at the date the advance is made, or such lesser rate as may be agreed between the Directors and the member.
Appears in 2 contracts
Samples: National Rail Corporation Agreement, National Rail Corporation Agreement
Payment of Calls in Advance. (1) The Yhe Directors may, if they think fit, receive from any member all or any part of the amount unpaid on a share although no part of that amount has been called up and may authorize authorise the Company to pay interest upon the whole or any part of the moneys so paid in advance until the amount becomes payable, at the 90 day bank bill xxxx rate as charged by the Company’s principal bankers at the date the advance is made, or such lesser rate as may be agreed between the Directors and the member.
Appears in 1 contract
Samples: National Rail Corporation Agreement
Payment of Calls in Advance. (1) The Directors may, if they think fit, receive from any member all or any part of the amount unpaid on a share although no part of that amount has been called up and may authorize authorise the Company to pay interest upon the whole or any part of the moneys so paid in advance until the amount becomes payable, at the 90 day bank bill xxxx rate as charged by the Company’s principal bankers at the date the advance is made, or such lesser rate as may be agreed between the Directors and the member.
Appears in 1 contract
Samples: National Rail Corporation Agreement
Payment of Calls in Advance. (1) The Directors may, if they think fit, receive from any member all or any part of the amount unpaid on a share although no part of that amount has been called up and may authorize authorise the Company to pay interest upon the whole or any part of the moneys so paid in advance until the amount becomes payable, at the 90 day bank bill rate as charged by the Company’s principal bankers at the date the advance is made, or such lesser rate as may be agreed between the Directors and the member.
Appears in 1 contract
Payment of Calls in Advance. 27 (1) The Directors may, if they think fit, receive from any member all or any part of the amount unpaid on a share although no part of that amount has been called up and may authorize the Company to pay interest upon the whole or any part of the moneys so paid in advance until the amount becomes payable, at the 90 day bank bill xxxx rate as charged by the Company’s principal bankers at the date the advance is made, or such lesser rate as may be agreed between the Directors and the member.
Appears in 1 contract
Payment of Calls in Advance. (1) The Directors may, if they think fit, receive from any member all or any part of the amount unpaid on a share although no part of that amount has been called up and may authorize authorise the Company to pay interest upon the whole or any part of the moneys so paid in advance until the amount becomes payable, at the 90 day bank bill rate as charged by the Company’s 's principal bankers at the date the advance is made, or such lesser rate as may be agreed between the Directors and the member.
Appears in 1 contract
Samples: National Rail Corporation Agreement