BAK definition
Examples of BAK in a sentence
The address for such notices and communications shall be as follows: If to the Company: China BAK Battery, Inc.
Since September 30, 2004, there has been no material adverse change in the financial condition of the Company or BAK from the financial condition stated in such financial statements.
The signature page of this Agreement is contained as part of the applicable Subscription Package, entitled "Signature Page." SUBSCRIPTION AGREEMENT GENERAL INSTRUCTIONS ------------------------------------------- General Instructions These Subscription Documents contain all documents necessary to subscribe for Common Shares ("Common Shares"), of BAK International, Ltd., a Hong Kong corporation (the "Company").
If the Audited NI exceeds Guaranteed NI during each Make Good period, BAK can immediately take possession of the Penalty Pool portion for that respective Make Good period.
Information contained in this Business Plan 2004 has been obtained from BAK, and from other sources deemed reliable, as of the date of its publishing, but no representation or warranty is made as to its accuracy or completeness.
BAK agrees to put 10% of its entire post reverse merger and financing stock position in the public company ("Penalty Pool") into escrow at the Closing to satisfy any future shortfall between final audited numbers ("Audited NI") and the Guaranteed NI.
BAK disclaims any obligations to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments.
BAK owns acreage of 250,000m(2) and has an option on another 100,000m(2) (about 86 acres total) on which to complete its facilities.
Going forward, BAK will also concentrate on development of Li-polymer batteries, high power batteries and HEV batteries.
The Company has incurred the debt primarily to support construction of its new infrastructure and manufacturing capacity at BAK Industrial Park.