Absorbed Company definition

Absorbed Company means a company which has merged prior to Submission Date with the Tenderer or Member, as demonstrating the Professional Threshold Requirement(s) (“the Surviving Company”), in such a manner as to bring about the transfer of all its assets and liabilities to the Surviving Company and the extinction of the absorbed company.

Absorbed Company means a company or a specific company's line of business which has merged prior to the Pre-Qualification Submission Date with the

Absorbed Company or “Pherecydes” means Pherecydes Pharma, a public limited liability company (société anonyme), having its registered office at 22, boulevard Benoni Goullin, 44200 Nantes, registered in the Nantes Trade and Companies Register under number 493 252 266.

Examples of Absorbed Company in a sentence

• Taking into account that the partial division transaction mentioned above was performed with accounting effects as of 1 January 2009, the Absorbed Company has booked the subsidies thus transferred in income since then.

• The Absorbed Company is fully owned by the Absorbing Company, such that the merger will make it possible to rationalise and simplify the BBVA Group's holding and operating structure and optimise its management, bringing the administrative structures of the Absorbed Company within the organisation of the Absorbing Company without altering its capacity to do business.

• There are no industry contributions or ancillary benefits in the Absorbed Company, such that no compensation needs to be granted.

• The property of the Absorbed Company (assets and liabilities) was transferred to the Absorbing Company, based on its property condition which appears in the Merger Balance Sheet of May 31st, 2014.

• The aforementioned subsidies were transferred to the Absorbed Company, Compañía Ibérica de Bienes Raíces 2009, SOCIMI, S.A.U. from Isla Canela, S.A. based on the partial division agreement which gave rise to the Absorbed Company, since all of them were allocated to the activity subject to the transfer.

• Since there will be no exercise of the right to withdraw of stockholders of the Absorbed Company, there will be no possibility of reconsideration of the Transaction due to risk to the financial stability of the Parties, as referred to by Article 137, § 3 of the Corporate Law.

• Steel’s account does not offer a role for non-epistemic values in these instances.

• After the adjustments described in Chapter 6 of the Valuation Opinion, there will be elimination of the investment of the Absorbing Company in the Absorbed Company.

• On the date when the merger is filed at the registry, all the shares of the Absorbed Company will be fully redeemed and annulled, and the Absorbed Company will be extinguished, transferring its total net assets en bloc to the Absorbing Company, which will acquire them by universal succession.

• Therefore, as a result of the merger: - The property of DCP shall vest in KCC in the state which it exists at the time of realization of the merger, it shall include all the goods, rights and assets belonging to the Absorbed Company at that time, without exception; - KCC shall become debtor to the creditors of DCP in place of these, without this substitution implicating novation with respect to them.’ ‘KCC’ in the agreement is Kamoto and the DCP is defined as the ‘Absorbed Company’.

More Definitions of Absorbed Company

Absorbed Company. A societé anonyme, domiciled in Marousi of Attica (66 Kifissias Avenue, 151 25) under the name "XXX HELLAS TELECOMMUNICATIOS A.E.B.E." and distinctive title "XXX HELLAS A.E.B.E.", with registration number 27039/01AT/B/92/1961, lawfully represented by Xx. Xxxxxxxx Xxxxxxxxx by virtue of a special authorization provided by decision 177 / 20.7.2005 of the board of Directors of the company.

Absorbed Company means PAPABULL INVESTMENTS LIMITED, a private limited liability company registered in the Republic of Cyprus under the provisions of the Companies Law, Cap. 113 under registration no. ΗΕ409071, having its registered office in Nicosia.

Absorbed Company means a company which has merged prior to the Submission Date with the Bidder or Member or Related Entity, as applicable, demonstrating the Threshold Requirement (“the Surviving Company”), in such a manner as to bring about the transfer of all its assets and liabilities to the Surviving Company and the extinction of the absorbed company. 5. GENERAL THRESHOLD REQUIREMENTS 5.1. Approvals and affidavits pursuant to the Public Entities Transaction Law [Applies only to legal entities incorporated in Israel and registered foreign companies as defined under the Corporations Law 5759-1999]The Bidder (and in the event of a Joint Venture – each one of the Members) meets all the applicable requirements under the Public Entities Transaction Law, 5736 - 1976 (‘1976-ו"לשת ,םיירוביצ םיפוג תואקסע קוח’) (hereinafter: the "Public Entities Transactions Law"), as follows:5.1.1. Has all relevant approvals pursuant to the Public Entities Transactions Law, testifying to proper bookkeeping practices, in accordance with the Income Tax Ordinance and the Value Added Tax Law, 5736 - 1975.5.1.2. Meets the requirements under Article 2B and 2B1 to the Public Entities Transactions Law.5.2. Payment of the Participation Fee The Bidder has paid the Participation Fee in accordance with the requirement set forth in Sub-Clause 2.5 of Volume 1 (Participation Fee) Part I (ITB and BDS).5.3. Tender Security The Bidder has provided a Tender Security in accordance with the provisions of Sub-Clause 3.11 of Volume 1 (Tender Requirements) Part I (ITB and BDS) and the Tender Security Form provided in Part III (Bidding Forms and Price Proposal).5.4. Mandatory Industrial Cooperation The Bidder has provided within its Bid an undertaking to comply with the Mandatory Tenders Regulations (Mandatory Industrial Cooperation) 5767 – 2007 in the event of a Successful Bid, in accordance with the forms provided in Part III (Bidding Forms and Price Proposal). PART B - DEMONSTRATING COMPLIANCE WITH THE THRESHOLD REQUIREMENTS Bidders are required to submit all documents and certificates necessary to prove their full compliance with all of the Threshold Requirements specified in Part A above, which shall include, inter alia, the following: