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.

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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

• The Company shall use its best efforts to cause its shareholders to vote in favor of the Capital Reduction.

• 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.

• 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.

• Moreover, the entire Subscription Price payable by the WFOE and/or its designated entity and/or individual for subscription of the Capital Increase Equity is the Capital Reduction Price paid by the Company to the Existing Shareholders at the time of capital reduction.

• The Existing Shareholders, after receiving the Capital Reduction Price, shall immediately use such amount to repay the loan provided by the WFOE under the Loan Agreement.

More Definitions of Capital Reduction

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 the capital reduction of the Company to reduce

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 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 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.

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;