Common use of Power to Make Calls Clause in Contracts

Power to Make Calls. (1) Subject to Article 21, the Directors may from time to time make such calls as they think fit upon the members in respect of all or any moneys unpaid on the shares (whether on account of the nominal value of the shares or by way of premium) held by them respectively and which are not by the conditions of allotment thereof made payable at fixed times. (2) A call may be made payable by instalments.

Appears in 7 contracts

Samples: National Rail Corporation Agreement, National Rail Corporation Agreement Act 1992, National Rail Corporation Agreement Act 1992

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Power to Make Calls. (1) Subject to Article 21, the Directors may from time to time make such calls as they think fit upon the members in respect of all or any moneys unpaid on the shares (whether on account of the nominal value of the shares or by way of premium) held by them respectively and which are not by the conditions of allotment thereof made payable at fixed times. (2) A call may be made payable by instalments.

Appears in 3 contracts

Samples: National Rail Corporation Agreement, National Rail Corporation Agreement Act 1992, National Rail Corporation Agreement

Power to Make Calls. (1) Subject to Article 21, the The Directors may from time to time make such calls as they think fit upon the members in respect of all or any moneys unpaid on the their shares (whether on account of the nominal value of the shares or or, when permitted, by way of premium) held by them respectively and which are not by but subject always to the conditions terms of allotment thereof made payable at fixed times. (2) of such shares. A call shall be deemed to have been made at the time when the resolution of the Directors authorising the call was passed and may be made payable by instalments.

Appears in 1 contract

Samples: Facility Agreement (Intercontinental Hotels Group PLC /New/)

Power to Make Calls. (1) Subject to Article 21, the Directors may from time to time make such calls as they think fit upon the members in respect of all or any moneys unpaid on the shares (whether on account of the nominal value of the shares or by way of premium) held by them respectively and which are not by the conditions of allotment thereof made payable at fixed times. (2) A call may be made payable by instalments. 18(3) A call may be revoked, postponed or extended as the Directors may determine.

Appears in 1 contract

Samples: National Rail Corporation Agreement

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Power to Make Calls. (118(1) Subject to Article 21, the Directors may from time to time make such calls as they think fit upon the members in respect of all or any moneys unpaid on the shares (whether on account of the nominal value of the shares or by way of premium) held by them respectively and which are not by the conditions of allotment thereof made payable at fixed times. (218(2) A call may be made payable by instalments. 18(3) A call may be revoked, postponed or extended as the Directors may determine.

Appears in 1 contract

Samples: National Rail Corporation Agreement

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