Issued and Paid definition
Issued and Paid means that the full initial premium for the policy has been received by the Administrative Office, the policy has been issued and delivery requirements, if any, have been satisfied.
Examples of Issued and Paid in a sentence
The capital structure of the Company based on the proposed transactions is summarised below: Issued and Paid Up Shares Options Prior to proposed acquisition 20,532,465 20,432,465 To be issued to Dragon 10,000,000 10,000,000 Post acquisition structure 30,532,465 30,432,465 ▇▇▇▇▇▇ will nominate one person to be appointed to the Board of Mokuti and ▇▇▇▇▇▇ will nominate one person to remain on the Board.
Subsequent to the 31st March 2024, there has been no change in the Authorized, Issued and Paid- Up Share Capital of the First Transferor Company.