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Subject: capital formation busin. this is from part of a memorandum of association of a company... i have no clue what to write here in russian and none of the translations on MT seem to fit.. or do they?
i only need the term "capital formation"
thanks for the help!context: 5. CAPITAL FORMATION
5.1 Currency
Shares in the Company shall be issued in the currency of the United States of America.
5.2 Authorized Capital
The authorized capital of the Company is Ten Thousand Dollars US $ 10,000.00 divided into 10,000 shares of US $1.00 par value each.
5.3 Classes, Number and Par Value Shares
The shares shall be divided into such number of classes and series as the directors shall by resolution from time to time determine and until so divided shall comprise one class series.
5.4 Rights, Qualifications, Designations, Powers, Preferences, Limitations, Limitations and Restrictions of Shares
The designations, powers, preferences, rights, qualifications, limitations and restrictions of each class and series of shares that the Company is authorized to issue shall be fixed by a resolution of members or directors, but the directors shall not allocate different rights as to voting, dividends, redemption or distributions on liquidation unless the Memorandum of Association shall have been amended to create separate classes of shares and all the aforesaid rights as to voting, dividends, redemption and distributions shall be identical in each separate class.
5.5 Variation of Class Rights
If at any time the authorized capital is divided into different classes or series of shares, the rights attached to any class or series (unless otherwise provided by the terms of issue of that class or series) may, whether or not the Company is being wound up, be varied with the consent in writing of the holders of not less than three-fourths of the issued shares of that class or series and of the holders of not less than three-fourths of the issued shares of any other class or series of shares which may be affected by such variation.
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