DDAC definition

DDAC means Dongfeng ▇▇▇▇ Axle Company Limited (Business License Registration Number 4206001351648), a Sino-foreign joint venture enterprise with limited liability duly formed under the laws of the Peoples Republic of China, with its legal address at 10th Floor, Torch Building, Hi-Tech Industry Development Zone, Xiangfan Municipality, Hubei Province, PRC. Pursuant to that certain Sale and Asset Purchase Agreement, dated as of March 10, 2005, as amended March 14, 2007, the equity of DDAC is owned by Dongfeng Motor Co., Ltd (75.23%), Dongfeng (Shiyan) Industrial Company (10.96%), Dongfeng Motor Corporation (9.81%) and ▇▇▇▇ Mauritius (4%).
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Examples of DDAC in a sentence

  • The number of shares of common stock of Regency that the stockholders of DDAC will receive on the Closing (as defined herein) will be 18,000,000 shares.

  • Simultaneously, and concurrently, DDAC will acquire all of the assets, tangible and intangible, of Digitally Distributed, LLC, a Delaware limited liability company, including certain intellectual property comprised of a web-based multi-tiered billing infrastructure as part of an integrated media encoding and content delivery platform.

  • DDAC agrees and acknowledges that Regency and its directors, officers, employees, agents and representatives will disclose business information and information about the proposed Transaction in the course of securing financings for Regency and DDAC and that Regency and its representatives may be required to disclose that information under the continuous disclosure requirements under U.S. securities laws.

  • Once all parties have signed this LOI, the due diligence team of Regency will commence due diligence investigations on DDAC and Digitally Distributed, LLC.

  • DDAC will give Regency and its representatives full access to all of its (and Digitally Distributed, LLC): (i) books, records, business plans, financial and operating data and all other information; (ii) assets and operations; and (iii) personnel.

  • Schedule A attached hereto contains a complete and accurate list of all assets of DDAC and Digitally Distributed, LLC, including but not limited to all intellectual property assets, both current and pending, in regards to patents, trademarks, and licenses.

  • Regency and DDAC submit to the jurisdiction of the courts of Nevada with respect to any matters arising out of this LOI.

  • The proposed Transaction shall be effected by a voluntary share exchange whereby Regency shall acquire all of the shares of capital stock of DDAC from its stockholders in exchange for the issuance of shares of common stock of Regency.

  • The definitive agreement pursuant to which the parties will agree to carry out the Transaction (the “Definitive Agreement”) will contain provisions that are customary for a transaction of this nature, and will include (but not be limited to) representations and warranties of both DDAC and Regency (and the Regency principal shareholders), including Regency’s status as a reporting issuer with the U.S. Securities and Exchange Commission Exchange (the “SEC”).

  • The definitive agreement pursuant to which the parties will agree to carry out the Transaction (the "Definitive Agreement") will contain provisions that are customary for a transaction of this nature, and will include (but not be limited to) representations and warranties of both DDAC and Regency (and the Regency principal shareholders), including Regency’s status as a reporting issuer with the U.S. Securities and Exchange Commission Exchange (the “SEC”).