Examples of Grupo TFM in a sentence
For purposes of this Supplement, "Put Option Exchange Transaction" means a transaction whereby the Trustee, at the direction of the Cumulative Required Investor Certificateholders (Super Majority), releases its option and put rights with respect to the Grupo TFM Shares as set forth in the Option Agreement and the Put Agreement, in exchange for the grant on substantially identical terms of an option and put with respect to the Port Shares.
Neither Holdings nor the Borrower will, nor will they permit any Subsidiary or, to the extent within their control, Grupo TFM, to, amend, modify or waive any of its rights under (a) any indenture or other agreement or instrument governing Material Indebtedness or (b) any other material agreement or instrument, in each case in a manner that would be materially adverse to the rights or interests of the Lenders.
During 2002, 2003 and 2004 Grupo TFM has not cancelled, reissued or disposed of treasury shares.
For purposes of this Supplement, "PUT OPTION EXCHANGE TRANSACTION" means a transaction whereby the Trustee, at the direction of the Cumulative Required Investor Certificateholders (Super Majority), releases its option and put rights with respect to the Grupo TFM Shares as set forth in the Option Agreement and the Put Agreement, in exchange for the grant on substantially identical terms of an option and put with respect to the Port Shares.
Subsidiaries Subsidiaries are all entities over which Grupo TFM has the power to govern the financial and operating policies generally accompanying a shareholding of more than one half of the the voting rights.
The purchase method of accounting is used to account for the acquisition of subsidiaries by Grupo TFM, except for the acquisition of Mexrail in 2002 which was considered a business reorganization of companies under the same control group.
PricewaterhouseCoopers LLP, who have certified certain financial statements of Grupo TFM and its subsidiaries are independent public accountants with respect to Grupo TFM and its subsidiaries as required by the Securities Act.
Foreign exchange risk Grupo TFM operates internationally and is exposed to foreign exchange risk arising from exposure primarily with respect to the Mexican peso.
Unrealized gains on transactions between Grupo TFM and its associates are eliminated to the extent of Grupo TFM’s interest in the associates.
Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by Grupo TFM.