Examples of CS Hong Kong in a sentence
Notice of any such termination or appointment and any change in the Transfer Office or the specified office of CS Hong Kong will be given to the Holders in accordance with General Condition 7.
Any such modification shall be binding on the Holders and shall be notified to them by CS Hong Kong as soon as practicable thereafter in accordance with General Condition 7.
CSCL intends to purchase, through its wholly-owned subsidiary, CSCL Hong Kong: (i) 100% equity interest in Dong Fang International, 100% equity interest in CS Nauticgreen and 100% equity interest in Helen Insurance from CS Hong Kong; (ii) 100% equity interest in Long Honour from COSCO Hong Kong; and (iii) 100% equity interest in Florens from COSCO Pacific.
Notwithstanding the foregoing, such actions shall not take place until the Holder shall have accounted to CS Hong Kong for unpaid Exercise Expenses to the extent that they were not or could not be paid on the Exercise Date.
The Issuer will procure that CS Hong Kong will, with effect from the first Business Day following the Exercise Date or the Expiry Date, as the case may be, remove from the Register the name of the person in respect of the Warrants which (i) are the subject of a valid exercise in accordance with these Product Conditions whether pursuant to an Exercise Notice or automatic exercise; or (ii) have expired worthless, and thereby cancel the relevant Warrants.
Any such modification made in accordance with this General Condition 6.2 shall be binding on the Holders and shall be notified to them by CS Hong Kong before the effective date or as soon as practicable thereafter in accordance with General Condition 7.
Independent Director and Officer Expenses include amounts paid to independent directors and for officers’ liability insurance.
On 11 December 2015, CS Hong Kong produced a resolution of its board of directors approving (i) the transfer of its 100% equity interest in Dong Fang International to CSCL Hong Kong; (ii) the transfer of its 100% equity interest in CS Nauticgreen to CSCL Hong Kong; and (iii) the transfer of its 100% equity interest in Helen Insurance to CSCL Hong Kong.
Such consideration was determined after arm’s length negotiations between CS Container, CS Hong Kong and COSCO Pacific with reference to (amongst others) the valuation of RMB7,632.4553 million at the Reference Date.
Adjustment ofConsideration:If CS Hong Kong procures Dong Fang International to declare or pay a dividend in respect of the undistributed profits as at the Reference Date between the date of the Dong Fang International Acquisition Agreement and the consideration payment date as stated above, the total consideration in relation to the sales of the entire equity interests in Dong Fang International will be reduced by the same amount accordingly.