Poly Technologies definition
Examples of Poly Technologies in a sentence
Poly Technologies shall be entitled to nominate a candidate for the office of the Deputy General Manager who is in charge of relationships between the EJV and the Government Authority and the PRC compulsory certification procedures for the cars imported by the EJV.
The covenants set out in Clause 25.1 shall continue to apply to Italian Motors, CTF and/or Poly Technologies and each of their Participated Companies for a period of 24 months from the date on which Italian Motors, CTF and/or Poly Technologies, as applicable, ceases to hold any Equity Interest.
Poly Technologies shall obtain, and Ferrari shall use its reasonable endeavours to assist Poly Technologies to obtain, in a timely manner, all necessary Permits required to conduct the Business by the EJV in accordance with this Contract.
The covenants set out in Clause 25.1 shall be construed during this period by reference to the Business, customers, employees, officers or managers or contracting parties of the EJV as at the date on which Italian Motors, CTF or Poly Technologies ceases to hold any Equity Interest.
No amendment of any provision of this Contract shall be valid or binding on a Party unless made in writing and duly executed by Ferrari and Poly Technologies and, to the extent that the amendments have a material effect on the rights or obligations of CTF or Italian Motors as set out in this Contract, by CTF and Italian Motors (as the case may be) and, where required under the Relevant Laws and Regulations of the PRC and policies of the Government Authorities, approved by the relevant Approval Authorities.
The covenants set out in Clause 25.1 shall be construed during this period by reference to the Business, customers, employees, officers or managers or contracting parties of the EJV as at the date on which Italian Motors or Poly Technologies ceases to hold any Equity Interest.
The Board announces that on 17 September 2015 (after trading hours), the Company entered into the Capital Increase Agreement with China Poly, Poly Technologies, Poly Southern, Poly Holdings, Poly Real Estate, Credit Suisse, Poly Energies, Poly Culture and Poly Finance, pursuant to which the parties agreed to increase the registered capital of Poly Finance from RMB700,000,000 to RMB2,000,000,000.
In accordance with the EJV Law, the EJV Regulations and other Relevant Laws and Regulations of the PRC, Poly Technologies, Italian Motors, Ferrari arid CTF established the EJV.
Notwithstanding the provisions in the EJV Contract, each of Italian Motors, CTF and Poly Technologies agrees and acknowledges that, Ferrari or any of its Associated Companies may directly or indirectly establish or Invest In automobiles dealership in Shanghai in the PRC.
The EJV shall bear the reasonable costs incurred by each of Ferrari and Poly Technologies, respectively, in discharging their respective obligations under this Clause 11.