Examples of Chinese Subsidiary in a sentence
Directly or indirectly enter into or permit to exist any material transaction with any Affiliate of Borrower except for (i) transactions that are in the ordinary course of Borrower’s business, upon fair and reasonable terms that are no less favorable to Borrower than would be obtained in an arm’s length transaction with a non-affiliated Person; and (ii) transactions with Chinese Subsidiary pursuant to transfer pricing arrangements consistent with past practices and in the ordinary course of business.
We will have a meeting tomorrow about rooms, lockers, budget etc.
Notwithstanding anything in this Agreement to the contrary, all representations and warranties with respect to any matter related to the Chinese Subsidiary, including, without limitation, any representation or warranty regarding the grant, creation, attachment, perfection or enforceability of a security interest in any of the PRC Shares are subject to the satisfaction of and obtaining the Required Approvals and compliance with applicable laws as to the PRC Shares.
If our ongoing investment in the Chinese Subsidiary does not result in offsetting gains in the form of design and testing improvements accompanied by reduced design and testing costs, whether because of the risks and difficulties entailed by foreign operations or for other reasons, our business and financial condition will be adversely affected.
Critical moments of change in Chinese Subsidiary Currently, the company has about 480 employees, producing approxi- mately 3.8 million components per year, 90% of which are supplied to the domestic market.