LWY definition
Examples of LWY in a sentence
After completing the assignment, the Seller shall quit LWY, and the Buyer shall own 25% of the equity interest in LWY.
The AOA of LWY shall be amended accordingly after the execution of this Agreement.
All the expense and cost (including the registration change fee, auditing fee, as applicable) shall be borne by LWY.
Based on this Agreement, the Buyer shall own 25% of the equity interest in LWY upon the registration by the competent government authorities enjoy the rights and undertake the obligations according to the new amended AOA of LWY.
Notary Public THIS ACCESSION AGREEMENT (this “Agreement”), dated as of , 20 , is entered into by and between (“Seller Licensee”), a corporation organized under the laws of , Lenovo (Beijing) Limited, a company established under the laws of the People’s Republic of China (“Assignor”), and [LWY], a corporation organized under the laws of the People’s Republic of China (“Assignee”).
Seller shall cause LHL to establish LWY as soon as practicable after the Closing Date.
LAI shall enter into a loan agreement with LHL (the “LHL Loan Agreement”) and loan agreements with each of the LWY Minority Shareholders (collectively, the “LWY Minority Loan Agreements”) to fund the respective contributions of LHL and the LWY Minority Shareholders to the registered capital of LWY.
As a condition precedent to the closing of the Loan, Borrower shall cause the Cash Management Bank to execute and deliver a Cash Management Agreement which provides, inter alia, that no party other than Lender and Servicer shall have the right to withdraw funds from the Cash Management Account.
The transfer of the Equity Interest contemplated under Section 1.1 shall occur as promptly as practicable after the earlier of (1) October 19, 2011, (2) the occurrence of an LWY Event of Default (as defined in the Amended Acquisition Agreement) and (3) 60 days following the date of the Notice (defined as below).
Such authorization shall remain in effect until the earlier of: (1) October 19, 2011, (2) the receipt by LWY of the Information System Integration Qualification (Level I), from the MII, and (3) the purchase by LAI or an Affiliate of LAI of all of LHL’s equity interest in LWY as contemplated in Section 5.2 below.