LAK definition

LAK means the currency of Lao People‟s Democratic Republic. “Lao PDR” means Lao People‟s Democratic Republic.
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LAK means Kip, the currency of the Borrower;
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LAK means the currency of the Borrower
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Examples of LAK in a sentence

  • LAK has not retained any person to act on its ---------------- behalf, nor has any person contended that such person was so retained, to assist as its broker, finder or agent in connection with this transaction.

  • Upon such notice, each Holder and LAK shall take all actions (including voting of Shares in favor for dissolution) required to dissolve and liquidate LAK in accordance with applicable laws and regulations.

  • If the Holders do not sign a written agreement regarding such matters within such sixty (60) days and if any application or petition is not submitted for the commencement of any proceedings described in Section 5.3(a)(ii), then each Holder shall have the option to cause dissolution of LAK under the Code by giving written notice of dissolution to the other Holders and LAK.

  • LAK and SKM covenant that from the date of this Agreement --------- until the Closing Date, (i) LAK shall remain as a dormant company and (ii) no shares or any other type of securities of LAK shall be issued (other than that provided under Section 2.5) nor any option or pre-emptive rights be granted to any party over any shares of LAK.

  • The other officers of LAK ------------------------------------ shall be selected by the Board.

  • On the fifth Korean banking day ("Closing Date") ------------------ after Liquid Audio's receipt of confirmation of its foreign investment report from a foreign exchange bank, designated by Liquid Audio, pursuant to the Foreign Investment Promotion Act, the Holders shall have subscribed for a total of [*] Shares in LAK as follows and the paid-in capital of the Company after such subscription shall be [*] Won: * Certain information in this Exhibit has been omitted and filed separately with the Commission.

  • If Seller or Purchaser does not select an investment bank within fifteen (15) days after the end of the 45-day good faith negotiation period (the "Negotiation Period") referred to in subsection (ii) above, such Holder or Holders shall not be entitled to retain an investment bank and shall present whatever materials it has available by the deadline regarding the valuation of LAK.

  • During reasonable office hours of LAK, the ------------------- Holders shall have full access to all properties, books of account, records and the like of LAK with the right to make copies at the offices of LAK.

  • This Agreement constitutes a valid, legally binding and enforceable obligation of Liquid Audio, assuming due authorization and delivery hereof by SKM and LAK.

  • Except for the Shares subscribed under Section 2.5, ----------------- and subject to the pertinent Korean laws, this Agreement and the Articles, each Holder shall have pre-emptive rights with respect to any new issuance of shares by LAK in the same ratio as their respective shareholding ratios immediately prior to such issuance.


More Definitions of LAK

LAK means a currency of Lao People's Democratic Republic;
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LAK means Kip, the currency of the Recipient.
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Related to LAK

  • Roomer means a person occupying a dwelling unit that lacks a major bathroom or kitchen facility, in a structure where one or more major facilities are used in common by occupants of the dwelling unit and other dwelling units. Major facility in the case of a bathroom means toilet, or either a bath or shower, and in the case of a kitchen means refrigerator, stove or sink.

  • Lake means a natural or man-made impoundment of water with more than one acre of water surface area at the high water level.

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

  • lakh means a hundred thousand (100,000) and “crore” means ten million (10,000,000);

  • Parkinson s disease" means a progressive disease of the nervous system marked by tremor, muscular rigidity, and slow, imprecise movement, chiefly affecting middle-aged and elderly people associated with degeneration of the basal ganglia of the brain and a deficiency of the neurotransmitter dopamine.