Group Reorganisation. ’ means any reorganisation, restructuring, scheme of arrangement or analogous proceeding (a ‘‘Reorganisation’’) which effects the interposition of a limited liability company (the ‘‘Substitute’’) between the ordinary shareholders of the Guarantor immediately prior to the Reorganisation (the ‘‘Existing Shareholders’’) and the Guarantor provided that:
Group Reorganisation means the group reorganization involving the Company acquiring from Xx. Xxxx and/or Xx. Xxxx or any investment vehicle that is wholly owned, directly or indirectly, by Xx. Xxxx and/or Xx. Xxxx, 10% equity interests in Beijing New Take e-Commerce Limited and Beijing Ninetowns Times e-Commerce Limited currently, directly or indirectly, owned by Xx. Xxxx and/or Xx. Xxxx, in consideration of which Xx. Xxxx and/or Xx. Xxxx or any investment vehicle wholly owned, directly or indirectly, by Xx. Xxxx and/or Xx. Xxxx, will acquire interest in the Company through the issuance by the Company of Shares or securities, equity interest and/or warrants, options or loan stock convertible into Shares without further payment credited as fully paid, and based on a valuation of the Shares at least equal to the entry level valuation (that is, at a pre-money valuation of US$70,500,000 and a post-money valuation of US$82,500,000) in respect of the subscription of Shares by AOF and AIAB (“Reorganisation Issue”);
Group Reorganisation means the group reorganization involving the Company acquiring from Xx. Xxxx and Xx. Xxxx or any investment vehicle that is wholly owned, directly or indirectly, by Xx. Xxxx and Xx. Xxxx, 10% equity interests in Beijing New Take e-Commerce Limited and Beijing Ninetowns Times e-Commerce Limited currently, directly or indirectly, owned by Xx. Xxxx and/or Xx. Xxxx, in consideration of which Xx. Xxxx and/or Xx. Xxxx or any investment vehicle wholly owned, directly or indirectly, by Xx. Xxxx and/or Xx. Xxxx, will acquire interest in the Company through the issuance by the Company of Shares or securities, equity interest and/or warrants, options or loan stock convertible into Shares without further payment credited as fully paid and based on a valuation of the Shares at least equal to the entry level valuation (that is, at a pre-money valuation of US$70,500,000 and a post-money valuation of US$82,500,000) in respect of the subscription of Shares by AOF and AIAB (“Reorganisation Issue”);
Examples of Group Reorganisation in a sentence
The Group resulting from the Group Reorganisation is regarded as a continuing entity.
Following the Group Reorganisation, a proportion of the Bank’s income is derived from the businesses and assets of the HBOS Group.
The Group comprising the Company and its subsidiaries resulting from the Group Reorganisation is regarded as a continuing entity.
The special reserve represents the differences between the nominal amount of the share capital issued by the Company pursuant to the Group Reorganisation and the issued share capital of BWHK Limited when the Company became the holding company of the Group upon completion of the group reorganisation on 23 June 2017.
The difference between the fair value of consideration given and the carrying values of the assets and liabilities acquired by QANTM Intellectual Property Limited has been recognised within equity as part of the "Group Reorganisation Reserve".
More Definitions of Group Reorganisation
Group Reorganisation means any arrangement (by scheme of arrangement, share exchange, or otherwise) under which the shares in Axovant Sciences Ltd. are acquired by a new body corporate in terms that the shareholders of the body corporate and their respective shareholdings and percentage equity interests in that new body corporate after that acquisition are the same or substantially the same as they were immediately prior to that acquisition.
Group Reorganisation means the group reorganization involving the Company acquiring from Mr. Wang and/or Ms. Dong or any investment vehicle that is wholly owned, directly or indirectly, by Mr. Wang and/or Ms. Dong, 10% equity interests in Beijing New Take e-Commerce Limited and Beijing Ninetowns Times e-Commerce Limited currently, directly or indirectly, owned by Mr. Wang and/or Ms. Dong, in consideration of which Mr. Wang and/or Ms. Dong or any investment vehicle wholly owned, directly or indirectly, by Mr. Wang and/or Ms. Dong, will acquire interest in the Company through the issuance by the Company of Shares or securities, equity interest and/or warrants, options or loan stock convertible into Shares without further payment credited as fully paid and based on a valuation of the Shares at least equal to the entry level valuation (that is, at a pre-money valuation of US$70,500,000 and a post-money valuation of US$82,500,000) in respect of the subscription of Shares by AOF and AIAB ("REORGANISATION ISSUE");
Group Reorganisation means a group reorganisation or analogous proceeding (a “reorganisation”) which effects the interposition of one or more limited liability companies (“Newco”) between the Shareholders of the Issuer immediately prior to the reorganisation (the “Existing Shareholders”) and the Issuer; provided that
Group Reorganisation means a reorganisation of the Group by way of the Scheme,
Group Reorganisation the meaning as described in the sub-section headed “The Group Reorganisation” in this announcement “HK$” Hong Kong dollars, the lawful currency of Hong Kong
Group Reorganisation means the contemplated corporate restructuring of the Group including the following actions:
Group Reorganisation means the group reorganisation undertaken by the Comtrade Group prior to the date of this Agreement and comprised of the Demerger, the Business Transfer and the Carve-out pursuant to which the Business (other than those Company Assets that Comtrade is holding on trust for the Group and to be transferred to the Group pursuant to clause 13.6, clause 13.10(b) and clause 13.10(c)) was transferred to the Group;