Examples of Divested Companies in a sentence
Delaware Divested Atomic Corporation Delaware Divested Companies Holding Company Delaware Divested Litchfield Park Properties, Inc.
Divested Companies Holding Company Divested Litchfield Park Properties, Inc.
The divestment of the Divested Companies, disposal of Thermal Limitec Pte Ltd and disposal of other assets were completed between 24 September 2007 to 6 November 2007.
The said sale was completed on 6 November 2007.Following the completion of the above-mentioned sale, Hai Leck Engineering does not have any interest in the Divested Companies and accordingly the financial statements of the abovementioned companies are classified as “Discontinued Operations”.
At the close of business on the Closing Date, there will be goods in transit from Divested Companies on route to the Asset Sellers (the “Goods”).
Sales by distribution channelYear ended December 31,Crave-out Financial StatementsConsolidated Financial StatementsNote: (1) “Others” primarily comprise sales revenue from distribution through projects, exports and distribution to the Divested Companies and related companies.
Discontinued operations (cont’d) The results of the discontinued operations for the years ended 30 June are as follows: 2008S$’000Group 2007S$’000Revenue22,200 18,636Cost of sales(6,931) (6,853)Gross profit15,269 11,783Other income379 The effect on the Group’s cash flows arising from the disposal of the Divested Companies is shown in the statement of cash flows as a single item.
At the time of each quarterly payment, GE also shall pay the Service Charges for the Company Services provided with respect to the GEFAHI Divested Companies as identified on Schedule B in the three months ending on the date the quarterly payment is due for so long as such Company Services are rendered.
Promptly after this Amendment becomes effective, the Administrative Agent will terminate the financing statements naming the Divested Companies as debtors and will deliver to the Borrower or the Macro International Buyer (as the Borrower requests) any certificates it holds evidencing the capital stock of the Divested Companies.
The Divested Companies have good and valid title to, valid leasehold interest in or a lawful right to use all of the assets and properties reflected in the Carve-Out Financial Information (other than any products and services provided pursuant to the Ancillary Agreements) and any Sold Assets reflected in such Carve-Out Financial Information, in each case, free and clear of all Encumbrances, other than Permitted Encumbrances.