New CNC definition

New CNC means a corporation that is to be incorporated under the laws of the State of Delaware and pursuant hereto.
View Source
New CNC has established provisions for the depreciations of fixed assets in conformity with China's Enterprise Accounting Standards and Enterprise Accounting System;
View Source

Examples of New CNC in a sentence

  • Furthermore, based on the facts already known to New CNC or its directors or the Group Corporation or facts obtainable through reasonable investigation, there is no indication that New CNC might get involved in any such dispute, or that any agreed provisions or any documents signed in accordance with the Restructuring and/or CNC (HK) share listing or any matters expected to occur due to the Restructuring or CNC (HK) share listing might result in such labor dispute.

  • These replacements shall be conducted through amendment agreements or consent letters concluded between all the contractors in this contract list and New CNC.

  • After the New CNC Conversion Registration Date, there will be neither claim nor significant responsibility that may results in connection to these agreements, documents or arrangements.

  • Once signed, this Agreement will constitute a lawful and effective obligation that is binding on the Group Corporation and New CNC in accordance with the respective terms.

  • Asset Injection Agreement The Asset Injection Agreement entered into among the Group Corporation, CNC BVI, CNC (HK) and China Netcom Corporation Limited on June 29, 2004, outlining Asset Injections into New CNC through CNC BVI and CNC (HK) from the Group Corporation.

  • The Company shall not issue any preferred stock other than the New CNC Preferred Stock, Permitted Preferred Stock and Permitted Refinancing Preferred Stock.

  • All documents with New CNC as the principal party or the executing party have been properly signed and stamped and retained by New CNC.

  • Surviving Enterprises CNC Beijing Communications Corporation, CNC Tianjin Communications Corporation, CNC Hebei Communications Corporation, CNC Liaoning Communications Corporation, CNC Henan Communications Corporation, CNC Shandong Communications Corporation and CNC Guangdong Communications Corporation after the New CNC Conversion Registration Date (inclusive).

  • The Group Corporation shall bear all fees, expenses, and claims incurred in or related to the handling of the above matters, and indemnify New CNC against losses, claims thereby.

  • Except the provisions in the Accountant's Report, New CNC is required neither to assume any responsibility for the provision of services by the Transferred Employee to the Group Corporation or its Subsidiaries prior to the transfer, nor assume any responsibility for the services provided in any previous service periods.