Examples of Spanish Capital Companies Act in a sentence
The Company is regulated under the Spanish Capital Companies Act.
The Company has complied with the requirements of Article 509 of the Spanish Capital Companies Act, which establishes that the par value of acquired shares listed on official secondary markets, together with those already held by the Parent Company and its subsidiaries, must not exceed 10% of the share capital.
Árima Real Estate SOCIMI, S.A. (hereinafter, the “Company” or the “dominant Company”) was incorporated in Spain on 13 June 2018 under the Spanish Capital Companies Act.
The dividend has been paid in full on January 31, 2014, and therefore the complementary dividend to achieve the proposed final gross dividend amounts to EUR 0.325 per share with dividends rights.WorldReginfo - 56aa438e-02b1-4564-944b-efc19bdb14b6In accordance with article 277 of the Spanish Capital Companies Act, the following table shows the provisional statement issued by the Directors to substantiate the Company had sufficient liquidity at that time interim dividend was distributed.
The table below shows the leveraging, understood as the ratio between financial debt and net equity: Share premium account The revised Text of the Spanish Capital Companies Act expressly permits the use of the balance of the share premium to increase capital and places no specific restrictions on the availability of said balance.
Reference was made to the Revenue Support Grant settlement which had recently been announced, and in particular the loss of nearly £6m in Cumbria’s Formula Spending Share (FSS) for highways maintenance.
This reserve has been set aside under the terms of Article 274 of the Spanish Capital Companies Act, which establishes that companies must in all cases allocate an amount equal to 10% of their profits for the year to this reserve, until the total reaches at least 20% of the share capital figure.
Without prejudice to the limitations set forth above in this Section 10.06(a)(8), in no event shall the obligations of a Spanish Guarantor pursuant to any Note Guarantee include or extend to any amounts that would render such obligations in contravention of articles 143.2, 150 or 401, as applicable, of the Spanish Capital Companies Act (Real Decreto Legislativo 1/2010, de 2 de xxxxx, por el que se aprueba el texto refundido de xx Xxx de Sociedades de Capital).
The resolutions shall be adopted by the absolute and not relative majority of those attending the meeting and the Chairperson shall hold the casting vote in the event of a draw, notwithstanding the provisions in the Article 249.2 of the Spanish Capital Companies Act.
ORGANISATIONAL STRUCTURE AND OPERATION Castellana Properties Socimi, S.A. (Castellana Properties) was incorporated in Spain on 19 May 2015 under the Spanish Capital Companies Act.