Section 551 Amount definition

Section 551 Amount means for any prescribed period, the amount stated in the relevant ordinary or special resolution;

Section 551 Amount means US$1 for the first Allotment Period and for any other Allotment Period means the amount specified as such by the Relevant Ordinary Resolution;

Section 551 Amount means the amount specified as such by the Relevant Ordinary Resolution;

Examples of Section 551 Amount in a sentence

• Authority to allot new shares THAT the authority conferred on the Directors by Article 8(B)(i) of the Company’s Articles of Association be renewed for the period ending at the conclusion of the Company’s Annual General Meeting in 2022 or at the close of business on 30 June 2022, whichever is the earlier, and for such period the Section 551 Amount shall be £26,832,194.

• The £2,242,829 nominal amount of the ordinary shares to which this authority relates (referred to as the Section 551 Amount) represents approximately 33% of the nominal amount of issued share capital of the Company as at the date hereof.

• Staff in the evaluation workshop valued the new equipment, for example the having the opportunity to test VR headsets and justifying the investment, then use in the Abbey project and at the Berkshire Show.

• Neither Mobilitie nor the Commission followed Commission rules requiring service of the original petition on any state or local government, the actions of which are specifically cited as a basis for requesting preemption.

• The £1,890,907 nominal amount of the ordinary shares to which this authority relates (referred to as the Section 551 Amount) represents approximately 33% of the nominal amount of issued share capital of the Company as at the date hereof.

More Definitions of Section 551 Amount

Section 551 Amount means £55,330,800 for the First Allotment Period and, for any other Allotment Period, the amount specified as such by the Relevant Ordinary Resolution;

Section 551 Amount means, for any prescribed period, the amount stated in the relevant ordinary or special resolution, or in this document, as the amount which the Directors are authorised to allot for the purposes of Section 551 of the Act;

Section 551 Amount means for any prescribed period, the amount stated inthe relevant ordinary or special resolution, pursuant to which shareholders have provided the Directors with authority in respect of section 551 of the Act;

Section 551 Amount means, for the first period, £353,030,892 and USD2,090,000 and, for a subsequent section 551 period, the amount stated in the relevant ordinary or special resolution;

Section 551 Amount means, for any prescribed period, the amount stated as such in the most recent ordinary or special resolution applicable to that prescribed period; and

Section 551 Amount means for any prescribed period the amount stated in the relevant ordinary or special resolution of the Company or any increased amount fixed by ordinary or special resolution,

Section 551 Amount means £50,000 for the first Allotment Period and for any other Allotment Period means the amount specified as such by the Relevant Ordinary Resolution;