Controlled Entities. The Chinacomm Agreements require the formation of certain entities, including Trussnet Gulfstream and Gulfstream Capital and the formation of two wholly owned foreign investment enterprises or WOFIEs (as previously defined). Trussnet Gulfstream and Gulfstream Capital are or will be 100% owned subsidiaries of Trussnet, and Chinacomm Cayman, Chinacomm Shanghai and Yunji are or on the Closing Date shall be partially-owned subsidiaries of Trussnet. Such Chinacomm Parties are sometimes collectively referred to herein as the “Trussnet Subsidiaries”.
Appears in 4 contracts
Samples: Stock Purchase Agreement (China Tel Group Inc), Agreement and Plan of Merger (Asia Special Situation Acquisition Corp), Agreement and Plan of Merger (China Tel Group Inc)
Controlled Entities. The Chinacomm Agreements require the formation of certain entities, including Trussnet Gulfstream and Gulfstream Capital and the formation of two wholly owned foreign investment enterprises or WOFIEs WOFEs (as previously defined). Trussnet Gulfstream and Gulfstream Capital are or will be 100% owned subsidiaries of Trussnet, and Chinacomm Cayman, Chinacomm Shanghai and Yunji are or on the Closing Date shall be partially-owned subsidiaries of Trussnet. Such Chinacomm Parties are sometimes collectively referred to herein as the “Trussnet Subsidiaries”.
Appears in 2 contracts
Samples: Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (Asia Special Situation Acquisition Corp)
