Investment in Subsidiaries. If any Default or Event of Default shall have occurred and is continuing or during any period in which the aggregate principal amount of Senior Debt shall exceed the Borrowing Base then in effect, the Borrower shall not, and shall not permit any of its Subsidiaries which are not Subject Subsidiaries to, incur any Contingent Liabilities for any Indebtedness or other obligations of any Subject Subsidiary, make any loan or advance to, or assume, redeem, purchase, defease, pay or forgive any Indebtedness or other obligation of, or make any equity investment in, or incur any Indebtedness on behalf of, any Subsidiary and the Borrower shall not, and shall not permit any of its Subsidiaries which are not Subject Subsidiaries to, apply any of its funds, property or assets to the purchase, redemption, sinking fund for or other retirement of any shares of any class of capital stock of a Subsidiary or warrants, options or other rights with respect to any shares of any class of such capital stock or any Indebtedness or obligations of any Subsidiary.
Investment in Subsidiaries. 9.1 Details of investment in subsidiaries as presented in separate financial statements are as follows: Company’s name Paid-up capital (In Thousand Baht) Shareholding percentage both directly and indirectly owned Cost (In Thousand Baht) As at March 31, 2022 As at December 31, 2021 As at March 31, 2022 As at December 31, 2021 As at March 31, 2022 As at December 31, 2021 (Percent) (Percent) JKN Global Content Pte. Ltd., USD 7.6 million USD 7.6 million 100 100 249,093 249,093 JKN Channel Company Limited 100,000 100,000 100 100 100,000 100,000 JKN News Company Limited 80,000 80,000 100 100 80,000 80,000 JKN IMC Company Limited 10,000 10,000 100 100 10,000 10,000 JKN MNB Company Limited 34,000 34,000 80.4 80.4 27,000 27,000 JKN Best Life Company Limited 500,000 500,000 100 100 1,049,983 1,049,983 MN Beverage Company Limited 93,000 93,000 60 60 77,360 77,360 Less: Allowance for impairment of investment in subsidiaries (6,000) (6,000) Total 1,587,436 1,587,436
Investment in Subsidiaries. Details of investment in subsidiaries as presented in separate financial statements are as follows: (Unit: Thousand Baht) Company’s name Paid-up capital Shareholding percentage Cost As at March As at December As at March As at December As at March As at December 31, 2021 31, 2020 31, 2021 31, 2020 31, 2021 31, 2020 (Percent) (Percent) JKN Global Content Xxx.Xxx. USD 7.6 million USD 7.6 million 100 100 249,093 249,093 JKN Channel Company Limited 100,000 100,000 100 100 100,000 100,000 JKN News Company Limited 80,000 60,000 100 100 80,000 80,000 JKN IMC Company Limited 10,000 10,000 100 100 10,000 10,000 JKN MNB Company Limited 34,000 - 51 - 27,000 - Total 466,093 439,093 During the current period, the Company additional invested in share capital in subsidiaries are as follows:
Investment in Subsidiaries. Separate financial statements Paid-up share capital (Baht) Holding portion (%) Equity method (Baht) Cost method (Baht) As at September As at December As at September As at December As at September As at December As at September As at December Companies 30, 2020 31, 2019 30, 2020 31, 2019 30, 2020 31, 2019 30, 2020 30, 2019 Chaiyapum Ram Hospital Co., Ltd. 558,000,000 558,000,000 78.04 78.04 121,688,620 134,729,790 435,490,000 435,490,000 R-Plus Asset Co., Ltd. 256,250,000 1,025,000,000 50.00 50.00 52,480,629 428,110,791 128,124,905 512,499,890 Muang Loei - Ram Hospital Co., Ltd. 207,367,500 414,735,000 77.67 77.67 202,121,114 221,146,741 282,241,000 282,241,000 Vientiane Ram International Hospital Co., Ltd. 286,000,000 100,000,000 70.00 70.00 67,653,012 69,475,348 70,000,000 70,000,000 Vibharam Hospital Co., Ltd. 2,000,000,000 - 50.00 - 3,104,521,801 - 2,628,650,901 - Total 3,548,465,176 853,462,670 3,544,506,806 1,300,230,890 Less Provision for impairment Chaiyapum Ram Hospital Co., Ltd. - - (235,900,000) (223,100,000) R-Plus Asset Co., Ltd. (84,000,000) (84,000,000) Total investment in subsidiaries 3,548,465,176 853,462,670 3,224,606,806 993,130,890 Dividend from subsidiaries companies for the nine-month periods ended September 30, 2020 and 2019 were as follows: Baht Separate financial statements Hospital Shareholders/co-directors - - Hospital Shareholders/co-directors - 333,124,987 Hospital Shareholders/co-directors - - Hospital Shareholders/co-directors - - Hospital Shareholders/co-directors 100,000,000 100,000,000 333,124,987 Companies Type of Business Relationship 2020 2019 Chaiyapum Ram Hospital Co., Ltd. R-Plus Asset Co., Ltd. Muang Loei-Ram Hospital Co., Ltd. Vientiane Ram International Hospital Co., Ltd. Vibharam Hospital Co., Ltd. Investment in Chaiyapum Ram Hospital Co., Ltd. In the separate financial statements for the nine-month periods ended September 30, 2020 and 2019, the Company recorded provision for impairment of investment in Chaiyapum Ram Hospital Co., Ltd. in the amount of Baht 12.80 million and Baht 5.20 million, respectively due to the operation loss of the subsidiary. Investment in R-Plus Assets Co., Ltd. According to the resolution of the Extraordinary Shareholders’ meeting of R-Plus Asset Co., Ltd. No. 1/2019 held on November 21, 2019, the shareholders had a special resolution to approve the registered capital reduction in 3/4 of the registered capital by reducing the number of shares from 200 million shares to 150 million share...
Investment in Subsidiaries. 134,598 113,232 Other assets ....................................... 1,821 600 ---------------------- Total assets ................................... $ 152,578 $ 133,715 ====================== Liabilities: Other liabilities .................................. $ 573 $ 328 Borrowings ......................................... 20
Investment in Subsidiaries. The Company is the ultimate controlling party of the following companies, whose results are consolidated in these financial statements: Company Company registration number Country of incorporation Date of incorporation % Ownership DP Aircraft Guernsey I Limited 56958 Guernsey 10 July 2013 100 DP Aircraft Guernsey II Limited 56959 Guernsey 10 July 2013 100 DP Aircraft Ireland Limited 529455 Ireland 27 June 2013 100
Investment in Subsidiaries. The Borrower shall not, and shall not -------------------------- permit any of the Subsidiary Guarantors to, directly or indirectly, make any loan or advance to any of their respective Subsidiaries that is not a Subsidiary Guarantor, or purchase or otherwise acquire, any Stock, Stock Equivalents, other equity interest, obligations or other securities of, or any assets constituting the purchase of a business or line of business, or make any capital contribution to, or otherwise invest in, any such Subsidiary that is not a Subsidiary Guarantor; provided that the Borrower may make such investments (a) in ACCA -------- Networks Co., Ltd., in an amount necessary to pay the customary fees, discounts and expenses of a broker unaffiliated with the Borrower in connection with the sale of the Borrower's indirect interest therein, but in any event an amount not to exceed $1,500,000, (b) to the extent resulting from the grant of one or more (i) non-exclusive licenses of rights in intellectual property or (ii) exclusive licenses (which exclude all Persons including the Borrower and all of its Subsidiaries) of rights in intellectual property to non-United States Subsidiaries of the Borrower, such rights only being exercisable with respect to territories outside of the United States and Mexico, and in either case, granted in the ordinary course of business and that do not in any way hinder or restrict the assignability to or assumption by the Lender of the Borrower's interests in the intellectual property that is the subject of any such license and (c) in DishnetDSL Limited in an aggregate amount not to exceed $500,000.
Investment in Subsidiaries. Equity investments in subsidiaries are being closed down and proceeds for the parent company are not ex- pected, for which reason the equity investments are written down to DKK 0. BDO Statsautoriseret revisionsaktieselskab, a Danish limited liability company, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. This document is an unofficial translation of the original Danish text, and in case of any discrepancy between the Danish text and the English translation, the Danish text shall prevail.
Investment in Subsidiaries. Permit any Investment by -------------------------- the Borrower in Subsidiaries in an amount greater than $10,000,000 in the aggregate during any twelve-month period commencing June 17, 1999.
Investment in Subsidiaries. 1. Total Investment by Borrower in its Subsidiaries during the current twelve-month period from the twelve-month period commencing June17, 1999. =__________________ ATTACHMENT 3 to Officer's Certificate
