Examples of HMC Group in a sentence
If (i) a Change of Control or a Sale of the Company shall occur, (ii) the Company shall enter into an agreement providing for a Change of Control or a Sale of the Company, or (iii) any member of the HMC Group shall enter into an agreement providing for a Sale of the Company, then the Committee may declare any or all Options outstanding under the Plan to be exercisable in full at such time or times as the Committee shall determine, notwithstanding the express provisions of such Options.
The rights of HMTF under this Section 5.3 may be assigned or transferred in whole or in part by HMTF, without any consent or other action on the part of any other party hereto, to any one or more members of the HMC Group.
The net profit before tax, non-controlling interest and extraordinary items attributable to the assets acquired is based on the latest announced consolidated financial statements of the HMC Group of approximately S$4.15 million for 1Q2015 and the net profit before tax, non-controlling interest and extraordinary items of the IHC Group of approximately S$0.76 million for 1Q2015.
The Purchase Option may be assigned or transferred in whole or in part by HMTF to any one or more members of the HMC Group without any consent or other action on the part of any other party hereto.
If, prior to his election to the Board of Directors of the Company pursuant to Section 2.1.1 hereof, any HMC Group Designee shall be unable or unwilling to serve as a director of the Company, the HMC Group shall be entitled to nominate a replacement who shall then be an HMC Group Designee for purposes of this Section 2.
The right of the HMC Group to designate directors under Section 2.1.1, and the obligation of the Holders to vote their shares as provided herein, shall terminate upon the first to occur of (i) the termination or expiration of this Stockholders Agreement or this Article 2, (ii) such time as the HMC Group elects in writing to terminate its rights under this Article 2, or (iii) such time as the HMC Group cease to own any shares of Common Stock.
The brand names under the HMC Group include Island Orthopaedic Group, SBCC Baby & Child Clinic and Nobel Specialist practices.
In addition, the provisions of Section 4.1 hereof shall terminate when either of the Existing Stockholders, on the one hand, or the HMC Group, on the other hand, Beneficially Own less than 10% of the number of shares of Common Stock issued and outstanding on the date of determination.
After receipt of the Transfer Notice, HMTF (or as provided in Section 5.3.3, an assignee of HMTF who is a member of the HMC Group) shall have the option for 15 days from the date of receipt of the Transfer Notice to elect to purchase all, but not less than all, of the Offered Securities upon the same terms and conditions as those set forth in the Transfer Notice by delivering a written notice (the "Election Notice") of such election to such Holder within such 15-day period.
The HMC Group owns and operates approximately 70 medical clinics and manages approximately 30 medical clinics in Singapore.