PRC Project Company definition

PRC Project Company means any corporation, association or other business entity organized under the laws of the PRC primarily engaged in a Permitted Business which, at any time, is treated as a “subsidiary” of the Company under GAAP, other than an Unrestricted Subsidiary.
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PRC Project Company means any corporation, association or other business entity organized under the laws of the PRC primarily engaged in a Permitted Businessproperty development which, at any time, is treated as a “subsidiary” of the Company under GAAP, other than an Unrestricted Subsidiary.”
Sample 1Sample 2
PRC Project Company means any corporation, association or other business entity organised under the laws of the PRC primarily engaged in a Permitted Business which, at any time, is treated as a “subsidiary” of the Issuer under GAAP, other than an Unrestricted Subsidiary.
Sample 1

Examples of PRC Project Company in a sentence

  • The PRC Project Company is principally engaged in property holding.

  • Each Grantor will, upon the request of the Collateral Agent after the occurrence and during the continuance of an Event of Default, use commercially reasonable efforts to obtain from other Persons agreements evidencing Control of the Collateral Agent over any Collateral that are Letter-of-Credit Rights in excess of $5,000,000 individually where confirmation of the Control of the Collateral Agent over the particular Letter-of-Credit Rights is required in order to perfect a security interest therein.

  • Target Group The PRC Project Company obtained a term loan from a PRC bank secured by its property and guaranteed by personal guarantees.

  • As at the Latest Practicable Date, the PRC Project Company is the legal and beneficial owner of the Property which comprises the first 4 levels (G/F, 2/F, 3/F & 4/F) of a 6-storey complex situated in Sichuan North Road, Hongkou District, Shanghai, the PRC, and generates stable rental income to the PRC Project Company.

  • As at the Latest Practicable Date, the PRC Project Company is the legal and beneficial owner of the Property which comprises the first 4 levels (G/F, 2/F, 3/F & 4/F) of a 6-storey complex situated in Sichuan North Road, Hongkou District, Shanghai, the PRC.

  • As at the Latest Practicable Date, the PRC Project Company is the legal and beneficial owner of the Property.

  • Subsequent to the payment of the Deposits, the Company was not able to directly invest in the PRC Project Company due to the then prevailing policy restriction on foreign ownership in the telecommunication industry of the PRC government.

  • The PRC Project Company entered into tenancy agreements with various tenants ending during the range of year 2021 to 2026.

  • The principal asset of the PRC Project Company is the Property located at G/F, 2/F, 3/F & 4/F, No. 818 Sichuan North Road, Hongkou District, Shanghai, China.

  • HK$(unaudited) Turnover –Loss before taxation 7,332Loss after taxation 7,332 The unaudited net liabilities of the Target Group (excluding the Target WFOE and the PRC Project Company) as at 21 June 2018 was approximately HK$7,000.

Related to PRC Project Company

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • EPC means engineering, procurement and construction;

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Infrastructure project means any construction or acquisition of treatment works,

  • Project Buyer means the City’s employee assigned to serve as the contact person for Bidders/Sellers responding to Invitations For Bid or completing contracts herein.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • Power Project or “Project” shall mean the Solar power generation facility of Contracted Capacity of ………..[Insert capacity] MW, located at [Insert name of the place] in …. [Insert name of the District and State] having a separate control system, metering and separate points of injection into the grid at Delivery/Interconnection/Metering point at ISTS substation or in case of sharing of transmission lines, by separate injection at pooling point. This includes all units and auxiliaries such as water supply, treatment or storage facilities; bay/s for transmission system in the switchyard, dedicated transmission line up to the Delivery Point and all the other assets, buildings/structures, equipment, plant and machinery, facilities and related assets required for the efficient and economic operation of the power generation facility; whether completed or at any stage of development and construction or intended to be developed and constructed for the purpose of supply of power as per this Agreement;

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Project Contract means any agreement or agreements for the design, development, acquisition, installation, implementation and construction of all or a substantial part of the Project by and between a Contractor and the Recipient.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Project Assets means all physical and other assets relating to and forming part of the Site including:

  • Development Project means a project for the development of land within a

  • Redevelopment entity means a municipality or an entity

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Project area plan means a written plan that, after the plan's effective date, guides and controls the development within a project area.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1(b) of Schedule 2 to this Agreement.

  • Redevelopment project means a specific construction project