Disposed Company definition

Disposed Company means an entity or going business sold by the Borrower or any of its Subsidiaries by way of sale of equity or substantially all of the assets of such entity and otherwise permitted by this Agreement.
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Disposed Company. Confident Echo Holdings Limited, a company incorporated in the BVI with limited liability
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Examples of Disposed Company in a sentence

  • Prior to a disposal in accordance with paragraph (a)(i) above, the Issuer shall provide to the Security Agent a certificate signed by authorized signatories of the Issuer setting out and certifying the EBITDA of the Disposed Company and the Substitute Company (each on a consolidated basis).

  • The Security Agent shall not release any Security over the shares in a Disposed Company until the conditions set out in paragraph (a)(i) or (a)(ii) have been fulfilled.

  • The Disposed Company is a company established in the PRC with limited liability which owns the Land and is engaged in the Project.

  • Vendor’s Loans As at 30 April 2020, the Disposed Company was indebted to the Vendor in the total amount of RMB45,156,000 (equivalent to approximately HK$48,768,000).

  • Upon and after the Completion, the Loan, the Project Debt I and the Construction Contracts Debts shall be borne by the Purchaser and/or the Disposed Company.

  • The actual gain on the Disposal may be different from the above and will be determined based on the financial position of the Disposed Company on the date of the Completion and be subject to audit.

  • THE PURCHASING AGREEMENT On 25 August 2021, Kenford Industrial (an indirectly wholly-owned subsidiary of the Company) and Dongguan Kario (an indirectly wholly-owned subsidiary of the Disposed Company and a connected person of the Company at the subsidiary level after Completion) entered into the Purchasing Agreement.

  • INFORMATION ON THE DISPOSAL GROUP The Disposed Company, which was incorporated in BVI, is an investment holding company and is owned as to 51% by the Company.

  • Upon the Disposal Completion, the Disposed Company will be wholly-owned by the Disposal Purchaser and cease to be a subsidiary of the Company.

  • The Disposed Company holds the Group’s entire interests in the Qinhuangdao Business.

Related to Disposed Company

  • Restricted Company means any of the foregoing.

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Exposed group means all employees at a work location, working area, or a common area at work, where an employee COVID-19 case was present at any time during the high-risk exposure period. A common area at work includes bathrooms, walkways, hallways, aisles, break or eating areas, and waiting areas. The following exceptions apply:

  • Restricted Entity means (a) the Borrower and (b) each Restricted Subsidiary.

  • Restricted companies means companies that boycott Israel.

  • Controlled Company means a company having not more than fifty members and controlled, in the manner described by section 139, by not more than five persons;

  • Restricted Business has the meaning set forth in Section 6.7(a).

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Material Restricted Subsidiary any Restricted Subsidiary other than one or more Restricted Subsidiaries designated by the Borrower that in the aggregate do not constitute Material Subsidiaries.

  • Material Group Company means the Issuer or a Subsidiary representing more than 5.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the net profit of the Group on a consolidated basis according to the latest Financial Report.

  • Restricted Group means, collectively the Company, its subsidiaries, the members of the Sponsor Group and their respective Affiliates.

  • Company Subsidiary means a Subsidiary of the Company.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Consultant Company means for an individual consultant, a company or partnership of which the individual is an employee, shareholder or partner;

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Combined Company means Holdco and its consolidated subsidiaries after giving effect to the Business Combination.

  • Qualified business means an eligible business that:

  • Company Group Member means Company or any Company Affiliate;

  • Plan Affiliate means any other Person with whom the First Person constitutes or has constituted all or part of a controlled group, or which would be treated or have been treated with the First Person as under common control or whose employees would be or have been treated as employed by the First Person, under Section 414 of the Code or Section 4001(b) of ERISA and any regulations, administrative rulings and case law interpreting the foregoing.

  • Controlled unaffiliated business means a company:

  • Excluded Entity means each of the Hong Kong Disneyland Entities, the Shanghai Project Entities and the Specified Project Entities.

  • subsidiary entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Controlled group of corporations has the meaning set forth in Code Section 1563.