Target Enterprise definition
Examples of Target Enterprise in a sentence
To induce Bank to establish and administer the Program, and except as Previously Disclosed, Target Corporation and Target Enterprise, Inc.
If Enterprise Revenue CAGR is between Threshold Enterprise Revenue CAGR and Target Enterprise Revenue CAGR or between Target Enterprise Revenue CAGR and Maximum Enterprise Revenue CAGR, your Revenue Performance Share Number will be equal to a percentage interpolated on a linear basis for performance between such amounts.
Party A shall hand over the assets and assets lists, title certificates, approval letters, financial statements, records, seals, engineering diagrams, technical assets of the Target Enterprise to Party B according to the Property and Material List of the Target Enterprise as referred to in clause 3.6 hereof for Party B’s inspection and acceptance.
In event of any Material Adverse Effect occurring to the Target Enterprise during the Transitional Period, Party A shall promptly notify Party B of the same and take proper actions.
Within five days after the final audit report is delivered to Party B, Party B shall pay the profits of the Target Enterprise to Party A in one lump sum.
Within 15 business days following Party B’s payment of the deposit, Party A shall complete the registration of the equity transfer of the Target Enterprise with the local industrial and commercial administration.
Where payment is delayed in excess of fifteen days, Party A shall be entitled to terminate this Contract and require Party B to assume liability for breach of contract which equals 20% of the Transfer Price of this Contract and to assume the losses thereby incurred to Party A and the Target Enterprise.
The amount of compensation shall be equal to the amount of losses that the foregoing undisclosed or omitted assets and liabilities may cause to the Target Enterprise.
The profits generated in March 2011 shall be allocated between Party A and Party B according to their respective actual number of days of controlling the Target Enterprise.
Party A shall guarantee and procure the normal operations of the Target Enterprise.