Common use of Stated Capital Clause in Contracts

Stated Capital. The Purchaser will add to its stated capital account maintained for its common shares an amount up to but not exceeding: (a) for Purchaser Shares issued as part of the Consideration for Elected Property, the aggregate agreed amounts in the election, less the amount of any consideration allocated to such Elected Property other than Purchaser Shares; and (b) for all other Purchaser Shares issued by the Purchaser pursuant hereto, the fair market value of the assets for which such Purchaser Shares are issued.

Appears in 5 contracts

Samples: Asset Transfer Agreement (Mondelez International, Inc.), Canadian Asset Transfer Agreement (Kraft Foods Group, Inc.), Canadian Asset Transfer Agreement (Kraft Foods Group, Inc.)

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