Share Capital as of Incorporation Sample Clauses

Share Capital as of Incorporation. (a) The Parties acknowledge that each Company shall be incorporated with an initial Share Capital, and the ownership of such shares as at the date of incorporation shall be, as set out in the tables below: (i) In the case of the Mining & Refining Company: Shareholder Shareholder Percentage Number of Shares Paid In Capital Ma’aden 74.9% 381,990 SR 3,819,900,000 Alcoa 25.1% 128,010 SR 1,280,100,000 TOTAL 100% 510,000 SR 5,100,000,000 (ii) In the case of the Smelting Company: Shareholder Shareholder Percentage Number of Shares Paid In Capital Ma’aden 74.9% 572,985 SR 5,729,850,000 Alcoa 25.1% 192,015 SR 1,920,150,000 TOTAL 100% 765,000 SR 7,650,000,000 In the case of the Rolling Company: Shareholder Shareholder Percentage Number of Shares Paid In Capital Ma’aden 74.9% 292,110 SR 2,921,100,000 Alcoa 25.1% 97,890 SR 978,900,000 TOTAL 100% 390,000 SR 3,900,000,000 (b) Each Share shall entitle the holder thereof to one (1) vote on each matter coming before the Shareholders. (c) Notwithstanding anything to the contrary contained in the Articles of Association of each Company, each Share shall entitle the holder thereof to receive Share Distributions in accordance with Clause 11 of this Agreement.”
Sample 1
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Share Capital as of Incorporation. (a) The Parties acknowledge that each Company shall be incorporated with an initial Share Capital, and the ownership of such shares as at the date of incorporation shall be, as set out in the tables below: (i) In the case of the Mining & Refining Company: (ii) In the case of the Smelting Company: (iii) In the case of the Rolling Company: (b) Each Share shall entitle the holder thereof to one (1) vote on each matter coming before the Shareholders. (c) Notwithstanding anything to the contrary contained in the Articles of Association of each Company, each Share shall entitle the holder thereof to receive Share Distributions in accordance with Clause 11 of this Agreement.
Sample 1
Share Capital as of Incorporation a. The Parties acknowledge that each Company shall be incorporated with an initial Share Capital, and the ownership of such shares as at the date of incorporation shall be, as set out in the tables below: (i) In the case of the Mining & Refining Company: (ii) In the case of the Smelting Company: Shareholder Shareholder Percentage Number of Shares Paid In Capital (iii) In the case of the Rolling Company: Shareholder Shareholder Percentage Number of Shares Paid In Capital Ma'aden 74.9% 292,110 SR 2,921,100,000 Alcoa 25.1% 97,890 SR 978,900,000 TOTAL 100% 390,000 SR 3,900,000,000 (b) Each Share shall entitle the holder thereof to one (1) vote on each matter coming before the Shareholders.
Sample 1
Share Capital as of Incorporation. (a) The Parties acknowledge that each Company shall be incorporated with an initial Share Capital, and the ownership of such shares as at the date of incorporation shall be, as set out in the tables below: (i) In the case of the Mining & Refining Company: Ma’aden 74.9% 381,990 SR 3,819,900,000 Alcoa 25.1% 128,010 SR 1,280,100,000 TOTAL 100% 510,000 SR 5,100,000,000 (ii) In the case of the Smelting Company: Ma’aden 74.9% 572,985 SR 5,729,850,000 Alcoa 25.1% 192,015 SR 1,920,150,000 TOTAL 100% 765,000 SR 7,650,000,000 In the case of the Rolling Company: Ma’aden 74.9% 292,110 SR 2,921,100,000 Alcoa 25.1% 97,890 SR 978,900,000 TOTAL 100% 390,000 SR 3,900,000,000 (b) Each Share shall entitle the holder thereof to one (1) vote on each matter coming before the Shareholders. (c) Notwithstanding anything to the contrary contained in the Articles of Association of each Company, each Share shall entitle the holder thereof to receive Share Distributions in accordance with Clause 11 of this Agreement.”
Sample 1

Related to Share Capital as of Incorporation

  • Due Incorporation The Company and each of its subsidiaries is a corporation duly organized, validly existing and in good standing under the laws of the respective jurisdictions of their incorporation and have the requisite corporate power to own their properties and to carry on their business as now being conducted. The Company and each of its subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in each jurisdiction where the nature of the business conducted or property owned by it makes such qualification necessary, other than those jurisdictions in which the failure to so qualify would not have a material adverse effect on the business, operations or prospects or condition (financial or otherwise) of the Company.

  • Articles of Incorporation; Bylaws (a) At the Effective Time, the Articles of Incorporation of Company, as in effect immediately prior to the Effective Time, shall be the Articles of Incorporation of the Surviving Corporation until thereafter amended as provided by law and such Articles of Incorporation of the Surviving Corporation. (b) The Bylaws of Company, as in effect immediately prior to the Effective Time, shall be, at the Effective Time, the Bylaws of the Surviving Corporation until thereafter amended.

  • Articles of Incorporation The articles of incorporation of the Company in effect at the Effective Time shall be the articles of incorporation of the Surviving Corporation until amended in accordance with applicable law.

  • Certificate of Incorporation of the Surviving Corporation The Certificate of Incorporation of the Company, as in effect immediately prior to the Effective Time, shall be the Certificate of Incorporation of the Surviving Corporation.

  • Certificate of Incorporation; Bylaws (a) At the Effective Time, the Certificate of Incorporation of Merger Sub, as in effect immediately prior to the Effective Time, shall be the Certificate of Incorporation of the Surviving Corporation until thereafter amended as provided by Delaware Law and such Certificate of Incorporation. (b) The Bylaws of Merger Sub, as in effect immediately prior to the Effective Time, shall be the Bylaws of the Surviving Corporation until thereafter amended.

  • Articles of Incorporation; By-laws At the Effective Time, the Articles of Incorporation, as amended, of the Acquiror (the "Acquiror Articles") and the By-Laws, as amended, of the Acquiror ("Acquiror By-Laws"), as in effect immediately prior to the Effective Time, shall be the Articles of Incorporation and the By-Laws of the Surviving Corporation.

  • State of Incorporation; Name; No Changes Seller’s state of incorporation is the State of Nevada. Seller’s exact legal name is as set forth in the first paragraph of this Agreement. Seller has not changed its name whether by amendment of its Articles of Incorporation, by reorganization or otherwise, and has not changed its state of incorporation within the four months preceding the Closing Date.

  • Certificate of Incorporation; By-laws (a) At the Effective Time the certificate of incorporation of the Company, as in effect immediately prior to the Effective Time (as amended as provided for in Section 3.3), shall be the certificate of incorporation of the Surviving Corporation until thereafter amended as provided by law and such certificate of incorporation. (b) The by-laws of the Company, as in effect immediately prior to the Effective Time, shall be the By-laws of the Surviving Corporation until thereinafter amended as provided by the certificate of incorporation, the Surviving Corporation and such by-laws.

  • Certificate of Incorporation and By Laws of the Surviving Corporation

  • The Certificate of Incorporation of the --------- Corporation shall not be amended in any manner which would materially alter or change the powers, preferences or special rights of the Series A Junior Participating Preferred Stock so as to affect them adversely without the affirmative vote of the holders of at least seventy-five percent of the outstanding shares of Series A Junior Participating Preferred Stock, voting together as a single class.

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