Examples of Chindex Contributed Companies in a sentence
There are no pending or, to Chindex’s knowledge, threatened, Actions against any of the Chindex Contributed Companies or affecting any of the properties or assets of the Chindex Contributed Companies, which, if adversely determined, would be reasonably likely to have a Material Adverse Effect.
Exhibit I sets forth a true and complete list of all Patents held by or licensed to the Chindex Contributed Companies, indicating with respect to each such Patent, the owner thereof.
Chindex has delivered to Fosun a true and correct copy of each environmental audit, assessment, survey, report or investigation in the control of, or otherwise carried out by or on behalf of Chindex or any of the Chindex Contributed Companies in relation to the Properties or otherwise relevant to the business of any Chindex Contributed Company.
Prior to the JV Closing, Chindex shall cause the ownership structure of the Chindex Contributed Companies to be restructured so that the ownership thereof will be as set forth on Exhibit E.
Each of the Chindex Contributed Companies has taken reasonable steps to obtain and maintain in force all licenses and other permissions under Intellectual Property Rights of third parties necessary to conduct its businesses as heretofore conducted by it, and now being conducted by it, and as expected to be conducted, and none of the Chindex Contributed Companies is or has been in material breach of any such license or other permission.
None of the Chindex Contributed Companies has received notice or otherwise has any knowledge that Chindex is charged with, threatened with or under investigation with respect to, any violation of any applicable Law that if proven would reasonably be likely to have a Material Adverse Effect.
The Chindex Parties (i) have engaged an appraisal firm to value the Chindex Contributed Companies, (ii) shall deliver to the Fosun Parties at or prior to the JV Closing a copy of the draft report of such appraisal firm and (iii) shall deliver to the Fosun Parties promptly after the receipt of the final appraisal report a copy of such final report.
In the event the net book value on a consolidated basis of the Chindex Contributed Companies as of the JV Closing is less than Thirty Million United States Dollars (US$30,000,000), then New BVI shall contribute, and Chindex shall ensure that New BVI has sufficient funds to contribute, to JVCO an amount equal to the shortfall.
Each of the Chindex Contributed Companies possesses all material Permits from all Governmental Authorities required or necessary to own or lease, as the case may be, and to operate its properties and to carry on its businesses as now conducted.
No Related Person is indebted to any of the Chindex Contributed Companies (other than debts incurred in the ordinary course of business in an amount less than USD 75,000), nor is any of the Chindex Contributed Companies indebted (or committed to make loans or extend guarantee) to any Related Person.