TVBC definition
Examples of TVBC in a sentence
Dated : June 20, 2016 Union Representatives: Company Representatives: MEMORANDUM OF AGREEMENT BETWEEN LIFT LINE, INC.
TVBC and any nonbank subsidiary shall not, directly or indirectly, incur, increase, or guarantee any debt without the prior written approval of the Reserve Bank.
If the relevant insurer does not so indemnify TVBC or the Board, the Consultant shall use all insurance monies received by him to indemnify TVBC and the Board in respect of any claim and shall make good any deficiency from his own resources.
Since October 2012, TVBI and TVBO have had similar arrangements with TVB (Overseas), a direct wholly-owned subsidiary of TVBC.
The fee payable by TVBC under the Supply Agreement was determined after arm’s length negotiations between the parties thereto and with reference to, among other things, the historical transaction amounts under the Existing Supply Agreement (i.e. HK$17,716,000, HK$17,716,000 and HK$4,429,000 for the years ended 31 December 2016 and 2017 and the three months ending 31 March 2018, respectively) and the potential inflation during the Supply Period.
The vacuum breaker valve allows air to enter the condenser to reduce the coast down time of the steam turbine generator after shutdown.
TVBC shall have priority over other third parties to renew the Licensing Agreement on same or similar terms upon expiry of the Supply Period, subject to the relevant requirements under the Listing Rules.
As at the date hereof, TVB (Overseas) is a direct wholly-owned subsidiary of TVBC.
As at the date hereof, TVBC is a connected subsidiary of the Company.
If TVBC accepts the Substitute, the Consultant shall continue to invoice TVBC in accordance with clause 4 and shall be responsible for the remuneration of the Substitute.