THE CAPITAL Sample Clauses

THE CAPITAL. The authorized capital of the Company is comprised of NIS 950,001 divided into: 53,000,060 Ordinary Shares, par value 0.01 NIS per share, 15,000,000 Series AA Preferred Shares, par value 0.01 NIS per share, 12,137,708 Series BB-1 Preferred Shares, par value 0.01 NIS per share, 4,000,000 Series BB-2 Preferred Shares, par value 0.01 NIS per share, 5,862,292 Series BB-3 Preferred Shares, par value 0.01 NIS per share and 5,000,040 Series BB-4 Preferred Shares, par value 0.01 NIS per share.
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THE CAPITAL. The authorized capital of the Company is comprised of NIS 56,000,000 divided into: 30,000,000 Ordinary Shares, par value 1 NIS per share, 12,500,000 Series A1 Preferred Shares, par value 1 NIS per share, 3,500,000 Ordinary Preferred A Shares, par value 1 NIS per share and 10,000,000 Ordinary Preferred B Shares, par value 1 NIS per share.
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THE CAPITAL. Firm Scheme has reached Practical Completion (or in respect of a Single Claim Scheme, Completion);
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THE CAPITAL. That the capital of the firm shall be “As per books of Accounts” It is further agreed that the capital of the firm may be increased or decreased according to the magnitude and requirements of the business.
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THE CAPITAL. REORGANISATION (a) the Capital Reduction — the issued share capital of the Company shall be reduced by cancelling the paid up share capital to the extent of HK$0.0096 on each of the issued Shares such that the par value of each Share shall be reduced from HK$0.01 to HK$0.0004; (b) the Share Sub-division — upon the Capital Reduction becoming effective, each authorised but unissued Share with par value of HK$0.01 each is sub-divided into 25 Reduced Shares with par value of HK$0.0004 each; and (c) the Share Consolidation — upon the Capital Reduction and the Share Sub- division becoming effective, every 25 Reduced Shares with par value of HK$0.0004 each shall be consolidated into one (1) New Share with par value of HK$0.01 each. Upon completion of the Capital Reorganisation, the authorised ordinary share capital of the Company shall be HK$40,000,000 divided into 4,000,000,000 New Shares of HK$0.01 each, of which 852,932,780 have been issued and credited as fully paid. The table below sets out the capital structure of the Company immediately before and after the completion of the Capital Reorganisation: Before completion of the Capital Reorganisation After completion of the Capital Reorganisation Authorised Issued Authorised Issued Ordinary Shares No. of Shares 4,000,000,000 2,132,331,950 4,000,000,000 852,932,780 Par Value HK$0.01 each HK$0.01 each HK$0.01 each HK$0.01 each The credit of approximately HK$20,470,387 arising from the Capital Reduction will be transferred to the contributed surplus account of the Company and applied to set off against the accumulated losses of the Company as permitted by the laws of the Cayman Islands and the Memorandum and Articles of Association. Other than the relevant expenses incurred, the implementation of the Capital Reorganisation will not have a material adverse effect on the consolidated net asset value of the Group, nor will it alter the underlying assets, business operations, management or financial position of the Company or the proportionate interests of the Shareholders in the Company. The Capital Reorganisation will not involve any diminution of any liability in respect of any unpaid capital of the Company or the return of capital or cash to the Shareholders, nor will it result in any change in the relative rights of the Shareholders. The completion of the Capital Reorganisation is conditional upon: (a) the passing of the necessary resolutions by the Shareholders entitled to vote (in accordance with the Listing Ru...
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THE CAPITAL. Acquisition Sub shall have as its sole asset the ----------- Capital and shall have no Liability of any kind or nature, and Parent and Acquisition Sub shall have taken all other actions necessary in order to ensure that the Capital, less all amounts paid by Acquisition Sub in settlement of the outstanding debt owed by the Company to Manufacturers & Traders Trust Company, shall become an asset of the Surviving Corporation as of the Effective Time, without any Liability created by the Parent or Acquisition Sub attaching thereto.
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THE CAPITAL. Metro Project Manager shall meet with the City's Project Manager to review the contractor's progress reports and invoices for the Capital Metro portion of the subprojects before approval by the City.
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Related to THE CAPITAL

  • Net Capital You represent that you, and we represent that we, are in compliance with the capital requirements of Rule 15c-3-1 promulgated by the Commission under the Securities and Exchange Act of 1934, and we may, in accordance with and pursuant to such Rule 15c-3-1, agree to purchase the amount of Units to be purchased by you and us, respectively, under the Agreement.

  • Partnership Capital (a) Except as may be otherwise specifically provided in this Agreement, no Partner shall be paid interest on any Capital Contribution to the Partnership. (b) No Partner shall have the right to withdraw all or any part of its Capital Contribution or to receive any return on any portion of its Capital Contribution, except as may be otherwise specifically provided in this Agreement. (c) Under circumstances involving a return of any Capital Contribution, no Partner shall have the right to receive property other than cash.

  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • Company Capital No Member shall be paid interest on any Capital Contribution to the Company or on such Member’s Capital Account, and no Member shall have any right (i) to demand the return of such Member’s Capital Contribution or any other distribution from the Company (whether upon resignation or otherwise), except upon dissolution of the Company pursuant to Section 18.2 hereof or pursuant to the Share Repurchase Plan or the Repurchase Arrangement, as applicable, (ii) to cause a partition of the Company’s assets, or (iii) to own or use any particular or individual assets of the Company.

  • Finance 3.1 This contract is conditional on the Buyer obtaining approval of a loan for the Finance Amount from the Financier by the Finance Date on terms satisfactory to the Buyer. The Buyer must take all reasonable steps to obtain approval. 3.2 The Buyer must give notice to the Seller that: (1) approval has not been obtained by the Finance Date and the Buyer terminates this contract; or (2) the finance condition has been either satisfied or waived by the Buyer. 3.3 The Seller may terminate this contract by notice to the Buyer if notice is not given under clause 3.2 by 5pm on the Finance Date. This is the Seller’s only remedy for the Buyer’s failure to give notice. 3.4 The Seller’s right under clause 3.3 is subject to the Buyer’s continuing right to give written notice to the Seller of satisfaction, termination or waiver pursuant to clause 3.2.

  • Financial Services Article 116

  • Investment Management Fee For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the monthly management fee rate (including performance adjustments, if any) that the Portfolio is obligated to pay the Advisor under its Management Contract with the Advisor, multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month. If in any fiscal year the aggregate expenses of the Portfolio exceed any applicable expense limitation imposed by any state or federal securities laws or regulations, and the Advisor waives all or a portion of its management fee or reimburses the Portfolio for expenses to the extent required to satisfy such limitation, the Investment Management Fee paid to the Sub-Advisor will be reduced by 50% of the amount of such waivers or reimbursements multiplied by the fraction determined in (ii). If the Sub-Advisor reduces its fees to reflect such waivers or reimbursements and the Advisor subsequently recovers all or any portion of such waivers and reimbursements, then the Sub-Advisor shall be entitled to receive from the Advisor a proportionate share of the amount recovered. To the extent that waivers and reimbursements by the Advisor required by such limitations are in excess of the Advisor's management fee, the Investment Management Fee paid to the Sub-Advisor will be reduced to zero for that month, but in no event shall the Sub-Advisor be required to reimburse the Advisor for all or a portion of such excess reimbursements.

  • Financial Management Government financing and accounting activities (e.g., billing and accounting, credit/charge, expense management, payroll, payment/settlement, debt collection, revenue management, internal controls, auditing, activity based management, currency translation). Asset/Material Management: Acquisition and management of Federal government assets (property/asset management, asset cataloging/identification, asset transfer/allocation/maintenance, facilities management, computers/automation management). Development and Integration: Development and integration of systems across diverse operating platforms (e.g., legacy integration, enterprise application integration, data integration, instrumentation/testing, software development). Human Capital/Workforce Management Development and Integration: Planning and supervisory operations surrounding government personnel (e.g., resource planning/allocation, skills management, workforce directory/locator, team/organization management, contingent workforce management).

  • Asset Management Fee The fee payable to the Advisor for day-to-day professional management services in connection with the Company and its investments in Assets pursuant to this Agreement.

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