Examples of Grupo TFM in a sentence
For purposes of this Supplement, "Put Option Exchange Transaction" means a transaction whereby the Trustee, at the direction of the Cumulative Required Investor Certificateholders (Super Majority), releases its option and put rights with respect to the Grupo TFM Shares as set forth in the Option Agreement and the Put Agreement, in exchange for the grant on substantially identical terms of an option and put with respect to the Port Shares.
NOTE 5 - PROPERTY, MACHINERY AND EQUIPMENT: December 31, June 30, Estimated useful Pursuant to the asset purchase agreement entered between the Government and Grupo TFM, the Company obtained the right to acquire locomotives and rail cars and various materials and supplies (“Railroad equipment”) formerly owned by Ferrocarriles Nacionales de México (“FNM”).
In the event that such public offering does not occur by October 31, 2003, Grupo TFM may purchase the Mexican Government’s equity interest in TFM at a purchase price equal to the per share price initially paid by Grupo TFM, indexed based on Mexican inflation.
To illustrate, consider the case of a rock- socketed drilled shaft of length L and diameter B under a compressive force Qc as shown in Figure 1 (a).
Subsidiaries Subsidiaries are all entities over which Grupo TFM has the power to govern the financial and operating policies generally accompanying a shareholding of more than one half of the the voting rights.
Neither Holdings nor the Borrower will, nor will they permit any Subsidiary or, to the extent within their control, Grupo TFM, to, amend, modify or waive any of its rights under (a) any indenture or other agreement or instrument governing Material Indebtedness or (b) any other material agreement or instrument, in each case in a manner that would be materially adverse to the rights or interests of the Lenders.
Locomotive operating leases In May 1998 and September 1999, Grupo TFM entered into operating lease agreements for 75 locomotives each one, which expire over the next 18 and 19 years respectively.
Grupo TFM has filed a claim for the refund of approximately Ps2,111 million ($262 million) of value added tax paid in connection the acquisition of the Concession and the related assets.Grupo TFM has recorded a receivable and a full reserve for doubtful accounts in this amount in its financial statements.
Grupo TFM is a non-operating holding company whose most important operations and assets are the investment in TFM, S.
As of December 31, 2000 and June 30, 2001, Grupo TFM has received 141 and 150 locomotives, respectively.