Capital Reduction definition

Capital Reduction means the proposed reduction of the share capital of the Target under Sections 72 and 74 of the Act, which forms part of the Scheme.

Capital Reduction means a reduction in capital by ANZ of its Ordinary Shares in any way permitted by the provisions of Part 2J of the Corporations Act.

Capital Reduction means the proposed reduction of the share capital of Eagle under Sections 72 and 74 of the Act, which forms part of the Scheme.

Examples of Capital Reduction in a sentence

• Stated Capital Reduction The Stated Capital Reduction may be required prior to the implementation of the Plan or as a step in the Plan, to ensure that the Company meets CBCA solvency requirements post-Recapitalization Transaction.

• EBITDA reduced by the amount of the Capital Reduction, profit tax, as well as the Capital Expenditures financed with own funds in the Last Reporting Period and adjusted by the difference in the Working Capital at the end and beginning dates of the Last Reporting Period.

• CBCA Matters The Company will seek to continue into the federal jurisdiction of Canada under the CBCA (the "Federal Continuance"), and may seek to reduce its stated capital in respect of the Common Shares (the "Stated Capital Reduction") prior to the implementation of the Plan, in order to implement the Plan pursuant to the CBCA.

• EBITDA reduced by the amount of the Capital Reduction, profit tax, as well as the Capital Expenditures financed with own funds in the Last Reporting Period and adjusted by the difference in the Net Working Capital at the end and beginning dates of the Last Reporting Period.

• Therefore, the transactions under the Capital Reduction Agreement would constitute connected transactions of the Company under Chapter 14A of the Listing Rules.

More Definitions of Capital Reduction

Capital Reduction means the capital reduction of the Company to reduce

Capital Reduction means the proposed reduction of King’s share capital under Sections 84 to 86 of the Act, associated with the cancellation of the Scheme Shares;

Capital Reduction means a reduction in capital initiated by MBL in its discretion in respect of MBL Ordinary Shares in any way permitted by the provisions of Part 2J of the Australian Corporations Act;

Capital Reduction means the reduction in Enodis’ share capital pursuant to section 135 of the Companies Act 1985, involving the reduction and cancellation and extinguishing of the Scheme Shares as provided for by the Scheme;

Capital Reduction means the proposed reduction of the par value of each issued share from HK$0.10 each to HK$0.01 each by cancelling HK$0.09 paid-up capital on each issued share upon the Share Consolidation becoming effective;

Capital Reduction means the selective reduction of 2,14,42,343 (Two Crore Fourteen Lakhs Forty-Two Thousand Three Hundred and Forty-Three) fully paid-up equity shares of face value INR 10 (Indian Rupees Ten) each of the Company held by EBWT, without payment of any consideration to EBWT;

Capital Reduction means a reorganisation or restructure of the capital of Kiwibank which results in the reduction on the number of Ordinary Shares on issue, and includes an acquisition by Kiwibank in accordance with the Companies Act.