Payment of Capital Contribution. The respective capital contribution by each of the Company, China Poly, Poly Technology, Poly Holdings, Poly Real Estate, Poly Energy and Credit Suisse to the JV Company have been duly completed on 6 September 2011. The capital contribution by the Company was funded from internal resources of the Group. SHAREHOLDING STRUCTURE OF JV COMPANY AFTER INCREASE IN REGISTERED CAPITAL Set out below is the shareholding structure of the JV Company before and after completion of the increase in registered capital of RMB350,000,000 to RMB700,000,000 pursuant to the terms of the Capital Increase Agreement: Shareholder of the JV Company Contribution to the registered capital to the JV Company before completion of the increase in registered capital Equity interest in the JV Company prior to the increase in registered capital Total contribution to the registered capital to the JV Company after completion of the increase in registered capital Equity interest in the JV Company after completion of the increase in registered capital The Company RMB31,500,000 9% RMB63,000,000 9% China Poly RMB122,500,000 35% RMB245,000,000 35% Poly RMB52,500,000 15% RMB105,000,000 15% Technology Poly RMB35,000,000 10% RMB35,000,000 5% Southern Poly RMB21,000,000 6% RMB42,000,000 6% Holdings Poly Real RMB35,000,000 10% RMB70,000,000 10% Estate Poly Energy - - RMB35,000,000 5% Credit Suisse RMB52,500,000 15% RMB105,000,000 15% Total RMB350,000,000 100% RMB700,000,000 100% As shown above, upon completion of the transactions contemplated under the Capital Increase Agreement, the proportion of shareholding held by the Company would remain unchanged, representing 9% of the enlarged capital of the JV Company.
Payment of Capital Contribution. After the approval of the Capital Increase is granted by relevant authorities and all conditions precedent (as set out below) contained in the Capital Increase Agreement are fulfilled, the respective capital contribution by each of the Company, China Poly, Poly Technologies, Poly Southern, Poly Holdings, Poly Real Estate, Poly Energies, Poly Culture and Credit Suisse to Poly Finance is required to settle within five working days after receipt of notice with respect to authorities approving the Capital Increase from Poly Finance (the fifth working day is known as “Payment Due Date”). The capital contribution in cash by the Company will be funded by internal resources of the Group. Conditions precedent The obligation to make capital contribution to Poly Finance for all relevant parties to the Capital Increase Agreement will only become effective after the following conditions precedent have been fulfilled:
Payment of Capital Contribution. Subject to this entire paragraph, Investor shall either with the Manager’s express permission:
Payment of Capital Contribution. 6.4 All payments in respect of Capital Contributions shall be made by the relevant Limited Partner in immediately available funds in Sterling on the agreed due date for credit to the Partnership Account or such other account as may be notified by the General Partner.
Payment of Capital Contribution a） As of the execution date of this Contract, the Original Shareholders, [*] and [*] have completed the capital contribution in full, including contribution in cash, equipment and intellectual property, in accordance with the Joint Venture Contract, the Supplementary Contracts to the Joint Venture Contract or other relevant agreements or legal documents. （b） The New Investors shall pay the subscription price to the account designated by the Company in accordance with the Capital Increase Agreement.
Payment of Capital Contribution. 3.3.1 The General Partner Shouchuang Huaxia shall pay its Subscribed Capital Contribution of RMB ten million (in figures: RMB10,000,000.00) before October 31, 2013. The Limited Partner Shouchuang Wealth Gengyin shall pay its Subscribed Capital Contribution of RMB twenty million (in figures: RMB20,000,000.00) before December 31, 2012. The Limited Partner Beijing Xxxxxx Company shall pay RMB fifty-three million (in figures: RMB53,000,000.00) before October 31, 2011 and the remaining portion of its Subscribed Capital Contribution shall be paid up before October 31, 2013.
Payment of Capital Contribution. The obligation to pay the contribution of the subject equity interest, except for the part that has been actually paid by Party B as agreed in 14.3 of this Agreement, shall be performed by Party A within the payment period stipulated in the Articles.
Payment of Capital Contribution. The Capital Contribution of the Investor Interestholders, made with respect to the initial offering of Interests, shall be payable in cash upon subscription.
Payment of Capital Contribution. On each occasion on which the Members are required to make Capital Contributions to the Company, each Member shall deposit its required Capital Contribution, by wire transfer of immediately available funds, in the depositary institution and account designated by the Manager.
