TBIL definition
Examples of TBIL in a sentence
If Party A is incurred any loss due to any act or omission by Party B, Party C, TBIL, LXHD and the New Company, Party A shall be entitled to directly deduct such from the outstanding transaction consideration and in that event, Party A shall not be responsible for the corresponding payment under Article 4 hereof and by no means to be blamed for breach of this Agreement.
The behavior would be deemed as attributing to Party B if such behavior is conducted by Party C and its subsidiaries or companies invested by Party C, Party B’s spouse, parents or children who takes a position in or provides counseling or consultancy services for enterprises and institutions contesting the business of TBIL or LXHD.
The behavior shall be deemed as attributing to Party B if such behavior is conducted by Party C and its subsidiaries or shareholding companies, enterprises and institutions invested or controlled by Party B’s spouse, parents or children which contest the business of TBIL, the New Company or LXHD.
In addition, Party B are able to obtain all the approvals from the relevant authorities governing LXHD, Party C(1), Party C(2) and Party C(3), TBIL and the New Company, to authorize its representative to execute other agreements and documents relating to this Agreement and to be bound by this Agreement.
Where the audited and consolidated profit of TBIL Group after taxation for the year 2004 is less than ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, the Initial Estimated Value shall be 3.5 times of such profit.
The payment shall be made in cash within 15 business days after the annual audit report of TBIL Group for the year 2005 is completed and submitted to Party A and Party C by the auditor.
At the Closing Date after the fulfillment of the Preconditions set forth in Article 6.1 or any waiver thereof in accordance with Article 6.2, Party C shall sell to Party A and Party A shall purchase from Party C the entire outstanding shares of TBIL, namely, Party A shall obtain 49% of the outstanding shares of TBIL from Party C(1), 47% from Party C(2) and 4% from Party C(3), all is accomplished upon the Closing.
The share shall be sold with all rights and interests attaching to share transfer together with the entire outstanding shares of TBIL including the rights to receive all distributions and dividends as declared, made or paid in respect of such share on or after the Closing.
To the extent permitted by Applicable Law, Takeda shall: (A) provide to TBIL a copy of all Regulatory Materials to the extent related to the Products in the Terminated Countries that are in Takeda’s possession; or (B) to the extent such Regulatory Materials are not in Takeda’s possession, grant TBIL the same right to access and reference such Regulatory Materials as held by Takeda prior to the effective date of such termination.
If requested by TBIL, Takeda shall provide [***] months prior to receipt of notice of termination.