HEDNO definition
Examples of HEDNO in a sentence
PPC will not be under an obligation to sell its shares in HEDNO or lose the control of the Company.
The list of warranties have been reviewed and commented on by HEDNO.
The Seller warranties cover topics including: (a) historical accounts and events since the accounts date; (b) indebtedness, material assets, insurance, IP/IT and material contracts of HEDNO; (c) compliance with law, including data protection and anti-bribery and corruption laws; (d) permits and licenses; (e) litigation and regulatory investigations; (f) tax; (g) real estate; (h) employees and pensions, and accommodate the comments of bidders which were thought to be acceptable.
The Seller will give a range of warranties in respect of the assets to be transferred to HEDNO pursuant to the Hive-Down, as well as HEDNO, at the SPA signing date.
The Board of Directors of HEDNO will comprise of 11 members, 6 of which will be nominated by PPC, 4 will be appointed by the Investor and 1 by the employees.