Translation of "Non-cash contribution" in German

K+S will make a non-cash capital contribution to this company in the form of its potash and rock salt activities.

The transaction will take the form of a capital increase of Ströer in return for the non-cash contribution of the two companies.

Speyside Equity plans to provide 45 million Euro of the 74 million Euro syndicated loan agreement as non-cash contribution to the SKW group.

Cash contribution/non-cash capital contribution (minimum nominal capital € 35,000, at least € 17,500, to be paid in cash upon formation)

In the context of the implementation of the capital increase with subscription rights from authorized capital resolved by the Executive Board on 5 April/5 June 2019 with the approval of the Supervisory Board on 8 April/11 June 2019 to execute the optional share dividend, the Company's share capital of EUR 9.831,250.00, divided into 9,831,250 registered shares, was increased by EUR 426,818.00 to EUR 10,258,068.00 by issuing 426,818 new registered shares against non-cash contributions (contribution of proportionate dividend claims).

This leads to a positive, non-cash earnings contribution of €25 to €30 million to the EBIT after non-recurring items.

In this regard, the insolvency administrator claims that the value of the memory business contributed to Qimonda AG as a non-cash contribution in connection with two capital increases in the spring of 2006 was not only not equivalent to the price of the new shares issued in return, namely Euro 600 million in total, but was actually negative.

Together with independent auditors, Infineon has once again made a detailed examination of the value of the non-cash contribution, will continue to vigorously defend itself against the claims, and remains confident about the outcome of this lawsuit.

This leads to a positive, non-cash earnings contribution of EUR25 to EUR30 million to the EBIT after non-recurring items.

Given the scarcity of funding, non-cash contributions can facilitate the creation or development of a society.

The Board of Management is also authorized until May 29, 2010 to increase the company’s capital stock, with the prior approval of the Supervisory Board, by up to € 19.25 million by issuing, either in a single step or in several steps, new registered shares in return for cash and/or non-cash contributions, whereby the subscription rights of existing shareholders may be excluded (Authorized Capital II 2005).

According to section 5 of the Articles of Association, the Executive Board is authorised, with the approval of the Supervisory Board, to in- crease the share capital by up to a total of € 14,540,467 on one or several occasions by 16 June 2015 through the issuance of up to 14,540,467 (no-par value) registered shares against cash or non-cash contributions (as of 31 December 2011).

As the SLIM Group diagnosed, one of the real problems of the system of capital formation created by the Second Company Law Directive is the valuation of non-cash contributions.

Consequently, the shareholders present at the annual general meeting held on 12 June 2019 collectively holding at least 75 % of the Company's share capital must approve items 10 (resolution to increase the Company's share capital against contributions in cash) and 11 (resolution to increase the Company's share capital against non-cash contributions subject to the exclusion of the shareholders' subscription rights) of the agenda.

In addition, by resolution of the same Annual General Meeting, the Board of Management is authorized until April 21, 2015 to increase the company’s capital stock by up to € 5.2 million, with the prior approval of the Supervisory Board, by issuing, either in a single step or in several steps, new registered non-par-value shares in return for cash and/or non-cash contributions (Authorized capital III 2011).

The Executive Board is authorized, with the approval of the Supervisory Board, to increase the Company’s share capital by up to a total of € 10,000,000 on one or several occasions until 18 June 2009 by issuing up to 7,812,500 no-par value registered shares against cash or non-cash contributions.

The Board of Management is also authorized until May 29, 2010 to increase the company’s capital stock, with the prior approval of the Supervisory Board by up to €19,25 million (Approved Capital II), by issuing, either in a single step or in several steps, new registered shares in return for cash and/or non-cash contributions.

Subscription rights can, under these defined conditions, be excluded when bonds are issued in exchange for non-cash contributions, particularly within the framework of a merger or acquisition, and when bonds are issued in exchange for cash contributions, if the issue price is not significantly below the theoretical market price of the bonds at the time of the issue.

With 93.32 percent, the Annual Meeting also created standardized new authorized capital for 2009 of €1 billion, which can be utilized against cash and non-cash contributions by April 7, 2014 with the approval of the Supervisory Board.

At the Annual General Meeting on May 30, 2005, the Board of Management was authorized to increase the company’s capital stock by issuing new registered shares in return for cash contributions, or in return for non-cash contributions in the case of Authorized Capital II.

The court-appointed auditor confirmed to the court that the minimum issue price of the shares was covered by the value of the non-cash contributions, whereupon the capital increases were entered in the company register by the register court.

As a countermove, the previous authorized capital, separated according to cash and non-cash contributions of €500 million each, was annulled.

In accordance with the resolutions adopted by the Company’s Annual General Meeting on 19May 2014, new shares and debt instruments can be issued for cash or non-cash contributions.