Land Use Rights. None of the Group Companies owns or has legal or equitable title in any real property.
Land Use Rights. None of the Group Companies owns or has legal or equitable title or other right or interest in any real property other than the land use rights (the “Land Use Rights”) held by the Group Companies as set forth in Schedule 3.27 or as held pursuant to Lease. True and complete copies of the certificates evidencing the Land Use Rights have been delivered to Buyer or its agents or professional advisers and any land grant premium required under applicable Law in connection with securing such Land Use Rights has been fully paid. None of the land with respect to which the Land Use Rights relate constitutes arable land that has been converted to other uses. The particulars of the Land Use Rights as set out in Schedule 3.27 are true and complete.
Land Use Rights. The Company and each Subsidiary, where relevant, has acquired the Land Use Rights in accordance with the Requirements of Law and the relevant granted land use rights contracts or land use right transfer contracts. The Land Use Rights encompass all of the real property on which the facilities of the Company and any Subsidiary are located. The relevant granted land use right contracts or land use right transfer contracts and the relevant land registration certificate contain no material restrictions on Land Use Rights that adversely affect the Company’s or any Subsidiary’s use of the relevant real property.
Land Use Rights. (a) The Company has acquired the land use rights for the Site pursuant to the Land Use Rights Grant Contract and other relevant legal documents. The Company’s land use rights of the Site and its ownership of the buildings and structures on the Site are evidenced by several Land Use Rights Certificates and Real Estate Certificates or equivalent documents issued by the relevant Chinese government authorities in the name of the Company.
Land Use Rights. The Company adopted the provisions of SFAS No. 142, Goodwill and Other Intangible Assets (SFAS 142), effective January 1 2002. Under SFAS 142, goodwill and indefinite lived intangible assets are not amortized, but are reviewed annually for impairment, or more frequently, if indications of possible impairment exist. The Company has performed the requisite annual transitional impairment tests on intangible assets and made the impairment adjustments as necessary. REVENUE RECOGNITION
Land Use Rights. 2.1 The Committee shall arrange to have the local land authority in the Hi-tech Zone (hereinafter “Land Authority”) sign a state-owned land use rights purchase contract (hereinafter “Land Use Rights Purchase Contract”) with the Company pursuant to which:
Land Use Rights. (1) where the land use rights can be applies for, both parties shall confirm the list of target assets of final handover by signing the Delivery Confirmation; the handover shall be deemed as completed when the transfer procedures of land use right certificate is completed and the certificate is handed over to the buyer.
Land Use Rights. Schedule 3.5.1 sets forth all of the land used in the Business for which Seller owns the land use rights together with copies of the land use rights certificates evidencing Seller’s ownership of the land use rights of such land. All of the land use rights relating to such land are granted land use rights and Seller has the right and power to transfer ownership of such land use rights to Buyer in the event Buyer and Seller enter into an agreement for the purchase and sale of such rights.
Land Use Rights. 20.2.1 The Joint Venture Company will obtain the rights to use the Land for a period of 50 years according to relevant PRC laws and regulations. The price for the rights to use the Land shall be stipulated in the Land Use Contract.
Land Use Rights. The Disclosure Schedule contains a true, correct and complete list of the street address and area of each parcel of real property in which any of the Group Companies holds land use rights (the “Land Use Rights”). With respect to each such parcel of real property:
