THE CAPITAL INCREASE AGREEMENT Sample Clauses

THE CAPITAL INCREASE AGREEMENT. The principal terms of the Capital Increase Agreement are summarized as below: 31 May 2020
Sample 1
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THE CAPITAL INCREASE AGREEMENT. As disclosed in the paragraph headed “3. The Debt Assignment Agreement” above, A2 Company intends to repay the debt owed to the Land Holding Companies with the proposed capital injection from A1 Company which will be funded by the First Capital Increase from the Land Holding Companies pro rata to the corresponding interests each Land Holding Company holds in A1 Company. Furthermore, as disclosed in the announcement made by the Company dated 24 December 2018, pursuant to the Land Restructuring Agreement, the New Land will be granted to A2 Company for the purpose of developing the Qianhai-Shekou Free Trade Zone with affiliates of QHSH through the establishment of another joint venture company. It is proposed that A1 Company and B1 Company will jointly form C1 Joint Venture Company in the PRC for the purpose of jointly developing the Qianhai-Shekou Free Trade Zone. The registered capital of C1 Joint Venture Company will be contributed by A1 Company and B1 Company on a 50:50 basis, of which the capital contribution by A1 Company will comprise 100% of the equity interest of A2 Company and up to RMB15 billion (equivalent to approximately HK$17.1 billion) in cash and the capital contribution by B1 Company will be 100% of the equity interest of B2 Company. A1 Company intends to fund the cash portion of the capital contribution in C1 Joint Venture Company with the Second Capital Increase from the Land Holding Companies pro rata to the corresponding interests each Land Holding Company holds in A1 Company. On 11 January 2019, the Land Holding Companies entered into the Capital Increase Agreement with A1 Company to increase the registered capital of the A1 Company. The key terms of the Capital Increase Agreement are set out below: 11 January 2019 (1) The Land Holding Companies, including Antongjie, Ansujie, CMSA, CMSK and the CMSK Subsidiaries (as shareholders) (2) A1 Company (as company) Pursuant to the Capital Increase Agreement, the Land Holding Companies agreed to inject a total of approximately RMB43.21 billion (equivalent to approximately HK$49.3 billion) in cash for the First Capital Increase in A1 Company, of which Xxxxxxxxx will contribute 11.3136% (i.e. RMB4,888,616,906, equivalent to approximately HK$5,580,612,906), Ansujie will contribute 2.6864% (i.e. RMB1,160,795,897, equivalent to approximately HK$1,325,109,471), CMSA will contribute 2.8866% (i.e. RMB1,247,302,500, equivalent to approximately HK$1,423,861,301) and CMSK and the CMSK Subsidiaries will con...
Sample 1
THE CAPITAL INCREASE AGREEMENT. On 1 March 2018, HOWO Auto Finance Company entered into the Capital Increase Agreement with the Company and Ji’nan Power in relation to the Capital Increase. Details of the Capital Increase Agreement are set out below: Date: 1 March 2018 Parties: (1) the Company;
Sample 1
THE CAPITAL INCREASE AGREEMENT. On 6 November 2017 (after trading hours), Chongqing Yuecheng, a consolidated affiliated entity of the Company, entered into the Capital Increase Agreement with Chongqing Chuangsite and the Target School, pursuant to which Xxxxxxxxx Xxxxxxxx agreed to make a capital contribution of RMB125 million to the Target School. Upon completion of such capital contribution, 51% of the school sponsor’s interest in the Target School will be owned by Chongqing Yuecheng. The principal terms of the Capital Increase Agreement are as follows:
Sample 1
THE CAPITAL INCREASE AGREEMENT. On 27 October 2011, the Board approved the proposal of entering into the Capital Increase Agreement by the five wholly-owned subsidiaries of the Company with COSCO, its eight subsidiaries and COSCO Finance on or around 15 November 2011 in order to increase the registered capital of COSCO Finance from RMB800 million to RMB1,600 million with the following principal terms: Five subsidiaries of the Company (including COSCON, COSCO Bulk, XXXXX Xxxxxxx, PENAVICO and COSFRE) COSCO and the COSCO Subsidiaries (including COSCO Dalian, COSCO Guangzhou, COSCO Shipping, COSCO Shipbuilding, COSCO Shipyard, CHIMBUSCO, COSCO Tally and COSCO Xiamen) COSCO Finance
Sample 1
THE CAPITAL INCREASE AGREEMENT. On 22 December 2015, CDM entered into the Capital Increase Agreement with Guangxi Jinmeng and Dushan Jinmeng pursuant to which CDM and Guangxi Jinmeng have agreed to make the capital contributions of RMB172,922,600 (approximately HK$211,069,000) and RMB351,085,300 (approximately HK$428,535,000) respectively to the registered capital of Dushan Jinmeng. Details of the Capital Increase Agreement are set out as follows:
Sample 1
THE CAPITAL INCREASE AGREEMENT. On 11 March 2024, Shenzhen Qianhai entered into the Capital Increase Agreement with Capital Eco Group and Capital Environmental Sanitation, pursuant to which Capital Eco Group shall subscribe for the corresponding equity interest of RMB33,640,700 (representing approximately 49% of its enlarged registered capital) in the newly increased registered capital of Capital Environmental Sanitation. Upon completion of the Capital Increase, the equity interest of Shenzhen Qianhai in Capital Environmental Sanitation will be diluted to 51%. The major terms of the Capital Increase Agreement are set out below: Date: 11 March 2024 (1) Shenzhen Qianhai; (2) Capital Eco Group; and (3) Capital Environmental Sanitation Subject matter of the Capital Increase Agreement: Pursuant to the terms and conditions of the Capital Increase Agreement, Capital Environmental Sanitation has agreed to increase its registered capital by RMB33,640,700, which Capital Eco Group has agreed to subscribe. Consideration and its basis: The consideration for the Capital Increase is RMB33,640,700, which has been determined after arm’s length negotiations between Shenzhen Qianhai and Capital Eco Group with reference to the valuation on Capital Environmental Sanitation as at 31 March 2023 by the Independent Valuer adopting the income approach. The appraised value of the total shareholders’ equity of Capital Environmental Sanitation as at 31 March 2023 was RMB35,013,800. On this basis, the Directors are of the view that the amount of the Capital Increase is fair and reasonable. The consideration for the Capital Increase shall be settled by Capital Eco Group in cash and shall be paid into the account of Capital Environmental Sanitation on or before 30 June 2024.
Sample 1
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THE CAPITAL INCREASE AGREEMENT 
Sample 1

Related to THE CAPITAL INCREASE AGREEMENT

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of April 21, 2011 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Limited Amendment Each of the amendments set forth in this Amendment shall be limited precisely as written and shall not be deemed (a) to be an amendment of any other term or condition of the Loan Agreement or the other Loan Documents, to prejudice any right or remedy which Agent or any Lender may now have or may have in the future under or in connection with the Loan Agreement or the other Loan Documents or (b) to be a consent to any future amendment.

  • Investment Agreement AUGUST.2017 12

  • Modification, Amendment and Waiver The authority of the Trustees hereunder to authorize the Trust to enter into contracts or other agreements or arrangements shall include the authority of the Trustees to modify, amend, waive any provision of supplement, assign all or a portion of, novate, or terminate such contracts, agreements or arrangements. The enumeration of any specific contracts in this Section 5.12 shall in no way be deemed to limit the power and authority of the Trustees as otherwise set forth in this Declaration of Trust to authorize the Fund to engage, contract with or make payments to such Persons as the Trustees may deem desirable for the transaction of the business of the Fund.

  • Interim Extension Amendment a. Prior to or on the expiration date of this Contract, the Parties agree that this Contract can be extended as provided under this Section. b. The System Agency will provide written notice of interim extension amendment to the Grantee under one of the following circumstances: 1. Continue provision of services in response to a disaster declared by the governor; or 2. To ensure that services to clients continue without interruption. c. The System Agency will provide written notice of the interim extension amendment that specifies the reason and length of time for the extension. d. Grantee will provide and invoice for services in the same manner as stated in the Contract. e. An interim extension under Section (b)(1) above will extend the term of the contract not longer than 30 days after governor's disaster declaration is declared unless the Parties agree to a shorter period of time. f. An interim extension under Section (b)(2) above will be a one-time extension for time determined by the System Agency.

  • Term of Agreement; Amendment This Agreement shall become effective as of the date first written above and will continue in effect for a period of three (3) years. This Agreement may be terminated by either party upon giving 90 days prior written notice to the other party or such shorter period as is mutually agreed upon by the parties. Notwithstanding the foregoing, this Agreement may be terminated by any party upon the breach of the other party of any material term of this Agreement if such breach is not cured within 15 days of notice of such breach to the breaching party. This Agreement may not be amended or modified in any manner except by written agreement executed by USBFS and the Trust, and authorized or approved by the Board of Trustees.

  • Limited Waiver 3.1 Solely during the Waiver Period (as defined below) and not at any other time, the Lenders hereby agree to temporarily waive the Anticipated Defaults and the right to accelerate the Obligations as a result thereof. During the Waiver Period, the Anticipated Defaults shall be deemed not to have occurred or be continuing, and the Administrative Agent and the Lenders shall have no right to enforce rights or exercise remedies with respect to the Anticipated Defaults. The waivers provided pursuant to the terms of this Agreement shall automatically and without further action or notice by any party expire on the Limited Waiver Termination Date (as defined below). 3.2 No waiver provided herein shall remain in effect after the Limited Waiver Termination Date. Upon the Limited Waiver Termination Date, the Anticipated Defaults shall be deemed to be Events of Default in full force and effect, having occurred as of September 30, 2012 and continuing uninterrupted thereafter for all purposes, including, without limitation, for purposes of calculating and charging default interest under Section 2.9(c) of the Credit Agreement, and the Administrative Agent and the Lenders shall retain all of the rights and remedies related thereto. This Agreement shall not have the effect of tolling or extending any applicable cure period beyond the period that would have applied absent this Agreement. Nothing in this Agreement shall be deemed to constitute a waiver by the Administrative Agent or the Lenders of any Default, whether now existing or hereafter arising, or of any right or remedy the Administrative Agent or the Lenders may have under any of the Loan Documents or applicable law, except to the extent expressly set forth herein, nor shall the Lenders’ execution and delivery of this Agreement establish a course of dealing among the Lenders and the Borrower or in any way obligate the Lenders to hereafter provide any further waiver of any kind, to provide any further time prior to the enforcement of their rights or to provide any other financial accommodations to or on behalf of the Borrower or any other Loan Party. 3.3 Notwithstanding anything to the contrary herein, the Lenders do not now waive, nor do they agree that they will waive in the future, any further Default or Event of Default. Neither this Agreement nor any course of dealing or delay or failure of the Lenders in exercising any right, remedy, power or privilege under or in connection with any Event of Default shall affect any other or future exercise thereof or the existence of any other right, remedy, power or privilege, except to the extent expressly set forth herein; nor shall any single or partial exercise of any such right, remedy, power or privilege or any abandonment or discontinuance of the steps to enforce any such right, remedy, power or privilege (pursuant to this Agreement or otherwise) preclude any further exercise thereof or of any other right, remedy, power or privilege, except to the extent expressly set forth herein. For the purposes hereof,

  • Agreement Amendment If either party hereto requests to amend this agreement, it shall notify the other party in writing, and the other party shall respond within one week. All amendments of this agreement must be made in writing by both parties, and such amendments shall be deemed as inseverable parts of this agreement.

  • Independent Agreement Notwithstanding any other provision of this Agreement, including the recitals hereof, the parties agree that the Lease Agreement executed between the parties thereto shall be a separate and independent document from this Agreement, and irrespective of whether any provision of this Agreement or the entirety hereof shall be held invalid or unenforceable by any court of competent jurisdiction, the Lease Agreement shall be construed, interpreted, and otherwise regarded separate and apart from this Agreement. The parties hereto specifically note that the considerations and terms provided for in this Agreement and provided for in the Lease Agreement are the only considerations and terms for which the parties thereto have executed this Agreement.

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