Relevant Capital definition
Examples of Relevant Capital in a sentence
Notwithstanding the foregoing, the Voluntary Fund within the UPF and the benefits payable or prospectively or contingently payable therefrom and the contributions payable thereto shall be disregarded in determining the Relevant Capital Sum except that there shall be added to the Relevant Capital Sum that part of the Voluntary Fund which is attributable to those Transferring Members who join the Purchaser's Pension Scheme on the Scheme Change Date and who agree to the transfer of their Voluntary Fund.
If Grab or Singtel (the “Non-Contributing Shareholder”) does not make its Capital Contributions to the Company in full pursuant to the Relevant Capital Contribution Schedule (the “Outstanding Contribution”) within ten (10) Business Days of (i) the relevant payment date of such Capital Contribution or (ii) receipt of written notice by the Company of such payment date (whichever is later), the Company shall give such Non-Contributing Shareholder written notice requiring it to provide the relevant payment.
Grab and Singtel further acknowledge and agree that the Relevant Capital Contribution Schedule, as the case may be, shall be adjusted as soon as practicable to maintain the minimum paid-up capital requirements imposed or requested by MAS and the timing required to increase the total share capital of the Company to S$1.93 billion.
Where the rules so stipulate, or the Jewish Orthodox Court of Law determines at a hearing that it is preferable under Jewish Law, a percentage of more than 50% and up to and including 100% of the Relevant Capital shall be construed as an Investment.
Notwithstanding the foregoing, the Voluntary Fund within the UPF and the benefits payable or prospectively or contingently payable therefrom and the contributions payable thereto shall be disregarded in determining the Relevant Capital Sum except that there shall be added to the Relevant Capital Sum that part of the Voluntary Fund which is attributable to those Transferring Members who join the Purchaser’s Pension Scheme on the Scheme Change Date and who agree to the transfer of their Voluntary Fund.
Profits Payable: all profit return, fees and other payments payable by the Managing Partner to the Investing Partner in respect of the Relevant Capital, pursuant to the Security Documents (including any described in the Security Documents as interest).
Unless otherwise agreed between the parties, the entire amount of the stamp duty and other transfer taxes and levies (if any) in relation to the transfer of the Relevant Capital shall be borne by Melco Entertainment.