Capital Subscription Sample Clauses
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Capital Subscription. 4.1 At formation, the Company shall have an initial authorized capital of 3,600,000,000 Won.
4.2 The capital shall be divided into common shares of voting stock of the Company. Each share shall have a par value of 5,000 Won. Any shares issued by the Company shall be common shares of one class.
4.3 At the time of establishment of the Company, the Company shall issue 180,000 shares at a price of Won 5,000/share and the paid-in capital of the Company shall be equivalent to 900,000,000 Won.
4.4 The parties shall subscribe for the shares which shall be issued under Article
4.3 above as follows:
(a) Yahoo shall subscribe for 108,000 shares.
(b) Softbank Korea shall subscribe for 45,000 shares.
(c) Softbank shall subscribe for 18,000 shares.
(d) Yahoo Japan shall subscribe for 9,000 shares. As a result, the parties shall have the following percentage interest in the Company: (i) 60% to Yahoo, (ii) 25% to Softbank Korea, (iii) 10% to Softbank and (iv) 5% to Yahoo Japan.
4.5 Within two (2) weeks after all necessary government approvals are received in form and substance acceptable to all parties hereto, any shares subscribed for by the non-Korea based parties shall be paid in full in United States dollars corresponding to the Korean Won amount indicated in Article 4.4 above, according to the dollar selling rate mutually agreed to by the parties.
4.6 Any increase in the authorized or paid-in capital set forth in Articles 4.1 and 4.3 above, respectively, shall be done in accordance with Article 10.3(c).
4.7 The Board of Directors shall assess the Company's cash flow and financial situation on a quarterly basis. If the Board of Directors determines that the Company requires additional capital contributions, it shall by written notice to the parties call for the parties to subscribe for additional stock of the Company in proportion to their respective pro rata share based on the total number of capital stock of the Company then outstanding. To the extent a party does not fully subscribe to its pro rata share of such additional stock, the remaining parties shall be entitled to purchase any of such unsubscribed shares of stock in proportion to their respective pro rata share. Each party agrees (i) to advise the Company of its intention to subscribe to its pro rata share of any additional stock at the earliest practicable date and in any event within thirty (30) days following a determination by the Board of Directors to issue additional stock and (ii) to pay the purchase...
Capital Subscription. The total subscribed capital of the Limited Partnership, which is the sum of the respective capital subscribed by each partner, is RMB650 million. Each partner shall make the capital contribution in cash.
Capital Subscription. 4.1 The total number of shares of common capital stock to be subscribed for by KP and FP when called for by the Board of Directors, but within receipt of all necessary government approvals, shall be as follows: months from
a) KP: divided into shares at per share;
b) FP: divided into shares (including the shares of promoters other than KP and FP) at per share.
4.2 Unless the parties agree in writing otherwise, KP and FP, and their respective transferees, will, throughout the life of the JVC, hold common shares in the JVC in the following ratio:
a) KP: percent ( %);
b) FP: percent ( %).
4.3 Any shares of common stock subscribed for and accepted by KP or FP shall be paid in full in cash and/or in kind to the JVC.
4.4 Any shares issued by the JVC shall be common stock of one class, in con-bearer form evidenced by share certificates and with the full voting rights.
4.5 No additional shares of the JVC may be authorized or issued except upon the prior written agreement of KP and FP unless otherwise required by imperative law or the Articles of Incorporation of the JVC.
Capital Subscription. 5.1 The Company shall cause to be issued two hundred thirteen thousand two hundred (213,200) new shares of Preferred Company Shares having a par value Five Hundred Korean Won (KRW 500) per share and at price per share of six thousand ninety eight Korean Won (KRW 6,098),"original issued price". In accordance with the figures of Schedule 1, Celeritek shall subscribe to and purchase one hundred six thousand six hundred (106,600) Preferred Company Shares, equivalent to ten percent (10%) ownership equity in the Company, for an aggregate consideration of Six Hundred Fifty Million Korean Won (KRW 650,000,000) ("Celeritek's Purchase Price"), and UBE shall subscribe to and purchase one hundred six thousand six hundred (106,600) Preferred Company Shares, equivalent to ten percent (10%) ownership equity in the Company, for an aggregate consideration of Six Hundred Fifty Million Korean Won (KRW 650,000,000) ("UBE's Purchase Price").
5.1.1 Simultaneously with the execution of this Agreement, the Company shall immediately transfer title to one hundred six thousand six hundred (106,600) shares of the Investor Shares, constituting ten percent (10_%) of the new issue, to Celeritek, and in exchange thereof, Celeritek shall pay (by wire transfer to an account designated by the Company) Celeritek's Purchase Price within ten (10) Business Days of the Execution Date.
5.1.2 Simultaneously with the execution of this Agreement, the Company shall immediately transfer title to one hundred six thousand six hundred (106,600) shares of the Investor Shares, constituting ten percent (10%) of the new issue, to UBE, and in exchange thereof, UBE shall pay (by wire transfer to an account designated by the Company) UBE's Purchase Price within ten (10) Business Days of the Execution Date.
5.2 From time to time, the shareholding proportions of the Parties may be reduced as current Company Shares are transferred or new Company Shares are issued in accordance with the New Articles; provided, however, Celeritek and UBE will have rights to purchase new Company shares in accordance with section 6.6 so that the proportion of Company Shares held by Celeritek shall never be less than ten percent (10%) of all issued and outstanding Company Shares, on an as-converted basis, and that the proportion of Company Shares held by UBE shall never be less than ten percent (10%) of all issued and outstanding Company Shares, on an as-converted basis; provided, further, however, that under no circumstances will any ...
Capital Subscription. The share capital shall be issued at par as and when required by the company and shall be subscribed by the TF or its subsidiary company in Pak Rupees and by Techman, FiberCore and Royle in US Dollars. Equity participation ratio initially shall be as follows:
1. TF 15% 2. Foreign investors 85%
i) Techman Intentional 727 Oxford-Sturbridge Road, 40% ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇ ii) FiberCore, Inc. 30% 174 Charlton Road, Sturbridge, Mass. 01566 ii▇) ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇5% 1000 Cannonball Road, Pompton Lakes, NJ 07442.
Capital Subscription. The total subscribed capital is RMB1,050 million. ▇▇▇▇▇▇ ▇▇▇▇ shall make the capital contribution of RMB10.5 million and Tianjin Trendsters Investment Co., Ltd. shall make the capital contribution of RMB1,039.5 million.
Capital Subscription. 5.1 The Company shall cause to be issued and the Investor shall subscribe to and purchase Five Hundred Twenty-Two Thousand and Six Hundred (522,600) new shares of Preferred Company Shares having a par value of Five Hundred Korean Won (KRW 500) per share (the "Second Round Investor Shares") and at price per share of Four Thousand Nine Hundred and Seventy-Five point One Two Korean Won (KRW 4,975.12), "Original Issue Price" for an aggregate consideration of Two Billion Five Hundred Ninety-Nine Million Nine Hundred Ninety-Seven Thousand Seven Hundred and Twelve Korean Won (KRW 2,599,997,712) (the "Investor's Purchase Price").
Capital Subscription. Subject to Section 5.6, the General Partner may raise capital for the Partnership by selling and issuing Partnership Units and may determine the terms and conditions of any such sale and issuance and may do all things in that regard including preparing and filing a preliminary prospectus and a prospectus, or an offering memorandum, and such other documents as may be necessary or advisable, paying the expenses of issuing and entering into agreements with any Person providing for a commission or fee in respect of such sale, either to agents or purchasers provided that no subscription for Partnership Units may be made or shall be accepted for less than that number of Partnership Units necessary to comply with prospectus exemption requirements of applicable Securities Legislation in the provinces or territories of Canada in which Partnership Units are offered for sale.
Capital Subscription. Simultaneously with the execution hereof, the Member is contributing $800,000 to the Company in exchange for its Interest. The Member may contribute cash or other property to the Company, as it shall decide, from time to time.
Capital Subscription. On the Completion Date, NycAm shall subscribe for 25,221 Class A Ordinary Shares at a price of: (pound)2,181