LIAL definition

LIAL means Lenovo IT Alliance Limited, a company organized and existing under the laws of the British Virgin Islands.

Examples of LIAL in a sentence

  • LIAL acknowledges and agrees that the Forward Contract Shares that are Escrow Shares shall be delivered to the Escrow Agent pursuant to the terms of the Escrow Agreement and that the release of such shares to LIAL shall be subject to the terms thereof.

  • Under the Forward Contract, ▇▇▇▇▇▇ shall agree to provide for the forward payment of part of the Purchase Price for the Assets and settle such payment within 12 months following the Closing Date by delivery of a certain number of duly authorized, validly issued, fully paid and nonassessable AsiaInfo Shares to LIAL, pursuant to the terms and conditions set forth in the Forward Contract.

  • This Forward Contract shall not entitle LIAL to any rights as a shareholder of Purchaser or to any other rights except the rights stated herein.

  • In addition, Landlord may, at its election, obtain insurance coverages for such other risks as Landlord or its Mortgagees may from time to time deem appropriate, including earthquake, terrorism, flood and commercial general liability coverage.

  • On the Settlement Date, ▇▇▇▇▇▇ shall transfer AsiaInfo Shares that it holds free and clear of Encumbrances (other than Permitted Encumbrances or Encumbrances arising by virtue of applicable securities laws) to LIAL or the Escrow Agent, as the case may be, in order to fulfil its obligation to deliver the Forward Contract Shares under this Forward Contract.

  • As further described in this Section, in lieu of issuing the Note as contemplated in Section 2.5(a) of the Acquisition Agreement, Purchaser shall cause its Subsidiary, ▇▇▇▇▇▇, to enter into a forward contract (the “Forward Contract”) with LIAL at Closing.

  • As soon as possible after the Settlement Date (but in any event within five Business Days), ▇▇▇▇▇▇ shall deliver (i) to LIAL a certificate or certificates representing the number of Forward Contract Shares that are not Escrow Shares and (ii) to the Escrow Agent a certificate or certificates representing the number of Forward Contract Shares that are Escrow Shares, in each case, duly endorsed for transfer in blank or in the name of LIAL.

  • LIAL acknowledges that the foregoing agreement is an essential element of this Forward Contract, absent which Purchaser would not have entered into the transactions contemplated in the Amended Acquisition Agreement and hereby.

  • The delivery of certificates for the Forward Contract Shares shall be made without charge to LIAL for transfer tax (if any) in respect thereof or other cost incurred by ▇▇▇▇▇▇ in connection with the delivery of the Forward Contract Shares under this Forward Contract.

  • Pursuant to Sections 2.1(p), 2.9(l) and 6.2(h) of the Acquisition Agreement, at the Closing, LIAL shall deliver to ▇▇▇▇▇▇ share certificates representing the 51% of the ordinary shares of Han Consulting held by LIAL.