Examples of equity investee in a sentence
In view of continuous losses and non availability of any financial information of Equity Investee, the management has decided to write off the value of investment.
Of these seven loans, which had an aggregate principal balance at September 30, 2000 of $21.0 million, net of allowance for credit losses, three loans, secured by the Mifflin, Coquina Place and Oaks facilities, were made to wholly-owned subsidiaries of Genesis, three loans, secured by the Lehigh, Berkshire and Sanatoga facilities, were made to wholly-owned subsidiaries of Multicare and one loan, secured by the Harbor Place facility, was made to a Genesis Equity Investee.
Each issued and outstanding share of Capital Stock of each Subsidiary and Equity Investee of the Company (a) has been duly authorized and validly issued and is fully paid and nonassessable and free of preemptive rights and (b) except for any Capital Stock of any Equity Investee not owned directly or indirectly by the Company as shown on Schedule 4.03, is owned by the Company, directly or through Subsidiaries, free and clear of any Lien other than the Liens established under the Credit Agreement.
In view of continuous losses and non availability of any financial information of Equity Investee, the management has written off the value of investment during the financial year ended March 31, 2012.
Equity Investee UNIMICRON HOLDING LIMITED Equity Investee HSUN CHIEH INVESTMENT CO., LTD.