OS Capital definition

OS Capital means all of the ordinary shares that make up the share capital of the Company as of the date of the Shareholders’ General Meeting of July 26, 2019, plus the ordinary shares created as a result of (i) free share allocation plans applicable as of the date of the Shareholders’ General Meeting of July 26, 2019, (ii) the conversion of the PS 1, and (iii) the conversion of the PS 2, with it being stipulated that this ceiling has been set without taking into account any legal, regulatory, or contractual adjustments necessary for the protection of the rights of beneficiaries of PS 2. The maximum number of PS 2 that can be issued shall be calculated by the Board of Directors and be equal to the total value of the PS 2 as calculated by an independent appraiser, divided by the unit priceper PS 2 (the “Max PS 2”) and cannot in any case be greater than 600,000, it being stipulated that this cap has been set without taking into account any legal, regulatory, or contractual adjustments necessary for the protection of the rights of beneficiaries of PS 2. Subject to the early conversions provided for in this article, the date of the PS 2 conversion into new or existing ordinary shares in the Company (the “Conversion Date”) shall be set by the Board of Directors; the Conversion Date must be no later than the one hundred and eightieth (180th) calendar day following the Shareholders’ General Meeting’s approval of the Group consolidated financial statements for the fiscal year ending on March 31, 2022. The Board of Directors is authorized to temporarily suspend conversion rights. The conversion ratio used to calculate the number of ordinary shares resulting from the conversion of existing PS 2 at the Conversion Date will be determined by the Board of Directors and based on three targets as follows:
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OS Capital means all of the ordinary shares which make up the share capital of the Company as of the date of the Shareholders' General Meeting of July 26, 2019, plus the ordinary shares created as a result of (i) free share allocation plans applicable as of the date of the Shareholders' General Meeting of July 26, 2019, (ii) the conversion of the PS 1, and
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Examples of OS Capital in a sentence

  • Upon the terms and subject to the conditions set forth in this Agreement, IPEF hereby commits to use its best efforts to cause PM to participate to O&S’s Extraordinary Shareholders Meeting in second call (and not in first call), directly or by proxy, and in the context of such meeting cast its vote in favour of O&S Capital Increase.

  • The entire authorized OS Capital Stock consists of 41,001,000 shares OS Common Stock, of which 1,000 shares are issued and outstanding and held by the OS Stockholder and 41,000,000 of which are held in escrow pursuant to the OS Escrow Agreement (as defined below).

  • The following individual funds had deficit fund equity balances as of June 30, 2010: LessMWPATInterim Loan O/S &Capital Project Funds: Fund Deficit BAN’s O/S Net Deficit Building R&M 2.9 Mill Bond$( 401,747)$ 1,000,000 * The deficit will require a future administrative plan to fund this deficit and eliminate it.

  • The entire authorized OS Capital Stock consists of -------------- 10,001,000 shares OS Common Stock, of which 1,000 shares are issued and outstanding and held by the OS Stockholder and 10,000,000 of which are held in escrow pursuant to the OS Escrow Agreement (as defined below).

  • The entire authorized OS Capital Stock consists of 5,001,000 shares OS Common Stock, of which 1,000 shares are issued and outstanding and held by the OS Stockholder and 5,000,000 of which are held in escrow pursuant to the OS Escrow Agreement (as defined below).

Related to OS Capital

  • Barclays Capital is a reference to Barclays Capital, the investment banking division of Barclays Bank PLC;

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • CET1 Capital means at any time, the common equity tier 1 capital of the Bank or the Group, respectively, as calculated in accordance with Chapter 2 (Common Equity Tier 1 capital) of Title I (Elements of own funds) of Part Two (Own Funds) of the CRR and/or Applicable Banking Regulations at such time, including any applicable transitional, phasing in or similar provisions;

  • Morgan Stanley Morgan Stanley, a Delaware corporation.

  • Goldman Sachs means Goldman Sachs & Co. LLC.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Net Capital Net Capital shall mean "net capital" as defined in Rule 15c3-1.

  • Charter Capital means the amount of capital contributed by all Shareholders and mentioned in Article 5 of this Charter.

  • Unit Capital means the aggregate of the face value of units issued under the scheme and outstanding for the time being.

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

  • Private Capital means, if the Issuer is Matching Private Investment Supported (as defined in the Definitive Agreement), the equity capital received by the Issuer or the applicable Affiliate of the Issuer from one or more non-governmental investors in accordance with Section 1.3(m) of the Definitive Agreement.

  • Mizuho means Mizuho Bank, Ltd.

  • Capital investment means an investment in real property, personal property, or both, at a

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Junior Capital collectively, any Indebtedness of any Parent or the Borrower that (a) is not secured by any asset of the Borrower or any Restricted Subsidiary, (b) is expressly subordinated to the prior payment in full of the Loans on terms consistent with those for senior subordinated high yield debt securities issued by U.S. companies sponsored by either of the Sponsors (as determined in good faith by the Borrower, which determination shall be conclusive), (c) has a final maturity date that is not earlier than, and provides for no scheduled payments of principal prior to, the date that is 91 days after the Initial Term Loan Maturity Date (other than through conversion or exchange of any such Indebtedness for Capital Stock (other than Disqualified Stock) of the Borrower, Capital Stock of any Parent or any other Junior Capital), (d) has no mandatory redemption or prepayment obligations other than (x) obligations that are subject to the prior payment in full in cash of the Loans or (y) pursuant to an escrow or similar arrangement with respect to the proceeds of such Junior Capital and (e) does not require the payment of cash interest until the date that is 91 days following the Initial Term Loan Maturity Date.

  • Corporate Finance Fee means the fee to be paid to the Agent by the Issuer in consideration of corporate finance and structuring services provided by the Agent;

  • Citigroup means Citigroup Global Markets Inc.

  • GE Capital means General Electric Capital Corporation, a Delaware corporation.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Capital means the share capital from time to time of the Company;

  • Commercial Partners means any third party with whom a contract is lawfully concluded for the exploitation of the Commercial Rights;

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • LLC means Limited Liability Company.

  • Per capita income means the average for the most recent three years for

  • Morgan Stanley Broker means a broker-dealer affiliated with Morgan Stanley.

  • initial capital or ‘Capital’: means the money that you initially subscribed to invest into the Plan.