Authorized Capital definition

Authorized Capital or “Nominal Capital” means such capital as is authorized by the Memorandum of the Company to be the maximum amount of share capital of the Company.
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Authorized Capital of a company means the sum of the aggregate par value of all shares with par value which the company is authorized by its Memorandum to issue plus the amount, if any, stated in its Memorandum as authorized capital to be represented by shares without par value which the company is authorized by its Memorandum to issue;
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Authorized Capital has the meaning set out in Section (c) of Schedule F.
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Examples of Authorized Capital in a sentence

  • The above-mentioned Increase in Authorized Capital Stock and the Amendment of the Articles of Incorporation and By-Laws were approved by SEC on 18 June 2013.

  • Within the limits of the Authorized Capital and in accordance with the plan approved by the General Meeting, the purchase of share options may be granted to management and employees of the company itself as well as controlled companies.

  • To see where copies of these documents can be obtained, see the section entitled “Where to Obtain More Information.” Maxwell Tesla Authorized Capital Stock The authorized capital stock of Maxwell currently consists of 80,000,000 shares of Maxwell common stock, par value $0.10 per share.

  • Authorized Capital is the maximum amount of share capital that the Bank is authorized to raise as per its Memorandum and Articles of Association.

  • Prior to the sixth General Capital Increase (GCI-VI) and by its resolutions B/BG/2008/07 and B/BG/2009/05, the Board of Governors authorized two capital increases bringing the Authorized Capital of the Bank from UA 21,870 million to UA 22,120 million to allow the Republic of Turkey and the Grand Duchy of Luxembourg to become members of the Bank.


More Definitions of Authorized Capital

Authorized Capital means the authorized capital as determined under section 25; (“capital social autorisé”)
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Authorized Capital of a company means the sum of the aggregate par value of all shares with par value which the company is authorized by its Memorandum to issue;
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Authorized Capital means the authorized capital of the Company, as specified in the then-applicable Articles of Association.
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Authorized Capital means the authorized capital of the Corporation as set forth in the Articles;
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Authorized Capital means, at any time or for any period as the context requires, the aggregate amount of capital allocated to NYGB from all sources, expressed in dollars. Authorized Capital does not include $500,000 ofU.S. Department of Energy (“DOE”) funds specifically designated for providing loan loss reserve facilities to support property-assessed clean energy projects which was transferred to NYGB by NYSERDA in May 2014, given the fit of these types of activities within the Investment Portfolio. The DOE funds, together with all repayments and related fees over time, must remain segregated and available only for the particular purposes originally intended.
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Authorized Capital has the meaning set out in Clause 3.1.4(b) of this Agreement;
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Authorized Capital has the meaning set forth in Section 5.1.
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