TX China definition

TX China means Hunan TX Enterprise Co., Ltd.
TX China means Hunan TX Enterprise Co., Ltd. "Intellectual Property" shall mean patents, copyrights, trademarks and service marks, exclusive of know-how, trade secrete, and confidential and proprietary processes and technology. "Laws" shall mean all applicable statutes, rules, regulations, ordinances, orders, writs, injunctions, judgments, decrees and awards of the PRC, USA or other applicable jurisdictions. "Liabilities" of any Person shall mean all obligations of such Person (i) for borrowed money, (ii) evidenced by notes, bonds, debentures or similar instruments, (iii) for the deferred purchase price of goods or services (other than trade payables, installment payments or accruals incurred in the ordinary course of business), (iv) under capital leases, or (v) in the nature of guarantees of the obligations described in clauses (i) through (iv) above of any other Person. "Major Assets" shall mean any tangible and intangible assets owned by TX China or TX China subsidiaries worth RMB 1,000,000 or more. "Memorandum and Articles" shall mean the Memorandum and Articles of Association of TX International mutually agreed by AAAC and TX China. <PAGE> "Permits" shall mean all governmental registrations, licenses, permits, authorizations and approvals. "Person" shall mean an individual, partnership, corporation, joint venture, unincorporated organization, cooperative or a governmental entity or agency thereof. "PRC" shall mean the People's Republic of China, for the purposes of this Agreement, excluding the Hong Kong Special Administrative Region and the Macao Special Administrative Region and Taiwan. "Representatives" of either Party shall mean such Party's employees, accountants, auditors, actuaries, counsel, financial advisors, bankers, investment bankers and consultants. "RMB" shall mean the official currency of the PRC. "Securities Act" shall mean the US Securities Act of 1933, as amended. "Security Interest" shall mean any mortgage, pledge, assessment, security interest, lease, lien, adverse claim, levy, charge or other encumbrance of any kind, or any condition sale Contract, title retention Contract or other Contract to give any of the foregoing. "Tax" or "Taxes" shall mean all income, gross receipts, sales, stock transfer, excise, bulk transfer, use, employment, social security, franchise, profits, property or other taxes, <PAGE> tariffs, imposts, fees, stamp taxes and duties, assessments, levies or other charges of any kind whatsoever (whether payable directly or ...

Examples of TX China in a sentence

  • There is no litigation pending or threatened against TX China or any of the TX China Subsidiaries in connection with or as a result of the Reorganization.

  • Except as set forth in Section 3.08 of the Disclosure Schedule, TX China and TX China Subsidiaries are the legitimate owners or licensees of the Intellectual Property, free of any Security Interest.

  • However, in the event that for any reason that the transactions contemplated hereby could not be completed, TX China shall pay 75% of the cost of the auditing and AAAC shall pay 25% of the auditing, unless the auditor cannot issue a "no reservation" opinion.

  • All proceedings, corporate or otherwise, to be taken by TX China and each TX China Shareholder in connection with the consummation of the transactions contemplated by this Agreement shall have been <PAGE> duly and validly taken, and copies of all documents, resolutions and certificates incident thereto, duly certified by TX China and each TX China Shareholder, as appropriate, as of the Closing, shall have been delivered to AAAC.

  • Except as otherwise disclosed in Section 3.06 of the Disclosure Schedule, neither TX China nor any TX China Subsidiary has any Major Liabilities in excess of RMB 1,000,000 (inclusive of RMB 1,000,000) ("Major Liabilities").

  • Upon the terms and subject to the conditions hereof, at the Closing (as defined in Section 2.01), the TX China Shareholders shall sell, transfer, assign and convey to AAAC, and AAAC shall purchase from the TX China Shareholders, the TX China Equity representing all of the registered capital of TX China and all of the right, title and interest of the TX China <PAGE> Shareholders in and to the TX China Equity.

  • Except as otherwise disclosed in Section 3.03 of the Disclosure Schedule, TX China shall be the only registered and beneficial owner of all of the equity interests of each TX China Subsidiary free from all security interest, such as liens, charges and other encumbrances, and all claims of any creditor.

  • All the <PAGE> registered capital of TX China has been duly paid in full.

  • In the event of termination and abandonment by AAAC or by TX China, or both, pursuant to Section 9.01 hereof, written notice thereof shall forthwith be given to the other Party, and except as otherwise provided in this Agreement or pursuant to relevant Laws, all further obligations of the Parties shall terminate, no Party shall have any right against the other <PAGE> Party hereto.

  • No representation or warranty by AAAC contained in this Agreement and no information contained in any Schedule or other instrument furnished or to be furnished to TX China or the TX China Shareholders pursuant to this Agreement or in connection with the transactions contemplated hereby contains or will contain any untrue statement of a material fact or omits or will omit to state a material fact necessary in order to make the statements contained therein not misleading.

Related to TX China

  • China means the People’s Republic of China, excluding, for purposes of this Agreement, Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan.

  • Mainland China means the People’s Republic of China (excluding Hong Kong, Macau and Taiwan).

  • PRC means the People’s Republic of China.

  • People s Bank of China” means People’s Bank of China acting as the central bank of the People’s Republic of China pursuant to the Law of the People’s Republic of China on the People’s Bank of China promulgated by the National People’s Congress on 18 March 1995.

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • Hong Kong means the Hong Kong Special Administrative Region of the People’s Republic of China.

  • Hong Kong” the Hong Kong Special Administrative Region of the PRC;

  • HKMA means the Hong Kong Monetary Authority;

  • India means the territory of India and includes the territorial sea and airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdiction, according to the Indian law and in accordance with international law, including the U.N. Convention on the Law of the Sea;

  • Asia means Afghanistan, Australia, Bangladesh, Bhutan, Brunei, Cambodia, Mainland China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, North Korea, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.

  • Indigenous Peoples means social groups with a distinct social and cultural identity that makes them vulnerable to being disadvantaged in the development process, including the presence in varying degrees of the following characteristics: (i) a close attachment to ancestral territories and to the natural resources in these areas; (ii) self-identification and identification by others as members of a distinct cultural group; (iii) an indigenous language, often different from Pilipino, the Recipient’s national language; (iv) presence of customary social and political institutions; and (v) primarily subsistence-oriented production.

  • Korea means the Republic of Korea.

  • HKFE means the Hong Kong Futures Exchange Limited.

  • School climate means the quality and character of school life with a particular focus on the quality of the relationships within the school community between and among students and adults.

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • PMU means the Project Management Unit established in accordance with paragraph 3 of Schedule 5 to this Loan Agreement;

  • CJA means the Courts of Justice Act, RSO 1990, c C-43, as amended;

  • LTD means NMC Healthcare Limited (in administration);

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Macau means the Macau Special Administrative Region of the PRC.

  • Chile means the Republic of Chile.

  • CJI means criminal justice information collected by criminal justice agencies needed for the performance of their authorized functions, including, without limitation, all information defined as criminal justice information by the U.S. Department of Justice, Federal Bureau of Investigation, Criminal Justice Information Services Security Policy, as amended and all Criminal Justice Records as defined under §24-72-302, C.R.S.

  • hostel means a place of residence for the students of the University, or its colleges, institutions and study centers, established or recognized to be as such by the University;

  • WFOE has the meaning set forth in the Preamble.

  • Namibia means the Republic of Namibia.

  • Marihuana means that term as defined in section 7106 of the public health code, 1978 PA 368, MCL 333.7106.