ZHD definition

ZHD has the meaning set forth in the preamble.
ZHD means Z Holdings Corporation (being its trade name as of the Execution Date, which is to be changed to LINE Yahoo Japan Corporation as of the Execution Date).

Examples of ZHD in a sentence

  • The Business Integration Agreement is enforceable against ZHD in accordance with its terms, except as the enforceability of the performance is restricted under Laws and Regulations or the principle of good faith.

  • The amounts of capital and reserves of ZHD that are to increase as a result of the Share Exchange shall be decided by ZHD in an appropriate manner in accordance with the provisions of Article 39 of the Regulation on Corporate Accounting.

  • In addition to matters set out in this Agreement, ZHD and LSP shall determine matters necessary for the Share Exchange after discussion and agreement in accordance with the intent of this Agreement.

  • The date on which the Share Exchange will take effect (the “Effective Date”) shall be [Month] [Day], 2020; provided, however, that the Effective Date may be changed after discussion and agreement between ZHD and LSP if necessary for proceeding with the procedures for the Share Exchange or for other reasons.

  • Upon the Share Exchange, ZHD shall allot the Shareholders Subject to Allotment with common shares of ZHD at a ratio of 11.75 common shares in ZHD per share of the common shares in LSP held by those shareholders.

  • If MAC occurs or becomes known on or after the LINE TOB Commencement Date, a Party may notify all other Parties to that effect (hereinafter, the “MAC Notice”) by the day before the ZHD TOB Commencement Date and request consultation.

  • ZHD and LSP may modify the terms of the Share Exchange or other details of this Agreement based on agreement among ZHD, LSP, LINE, SoftBank Corp., and NAVER Corporation.

  • Upon the Share Exchange, ZHD shall deliver to the shareholders of LSP as of immediately prior to ZHD’s acquisition of all outstanding shares of LSP through the Share Exchange (the “Shareholders Subject to Allotment”) the number of common shares in ZHD obtained by multiplying the total number of shares in LSP held by those shareholders by 11.75, in lieu of the common shares in LSP held by those shareholders.

  • ZHD and LSP shall each obtain approval for this Agreement and approval concerning the matters necessary for the Share Exchange from a general shareholders’ meeting (including cases where shareholders meeting resolutions are deemed to have been pursuant to Paragraph 1 of Article 319 of the Companies Act) by the previous day of the Effective Date.

  • Indemnifying Party shall not be responsible to indemnify any increased Loss that is increased due to the breach of obligation set forth in the preceding Paragraph by Claim Party or any of the companies within its Group (in case of SoftBank, excluding companies within ZHD Group).