Common use of Registered Capital Clause in Contracts

Registered Capital. The registered capital of the Project Company in cash and in-kind shall be [ ] USD ( USD) (the “Registered Capital”) consisting of [ ] USD ( USD) of cash registered capital and [ ] USD ( USD) of in-kind Registered Capital, and shall be funded in accordance with the Enterprise Law. During the Concession Period, the assets of the Project Company must not drop below the Registered Capital.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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Registered Capital. The registered capital of the Project Company in cash and in-kind shall be [ ] USD ( USD) (the USD)(the “Registered Capital”) consisting of [ ] USD ( USD) of cash registered capital and [ ] USD ( USDUSD(USD) of in-kind Registered Capital, and shall be funded in accordance with the Enterprise Law. During the Concession Period, the assets total value of the Immovable Assets and Movable Assets of the Project Company must not drop below the Registered Capital.

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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