Examples of French Subsidiary in a sentence
In May 2010, the Court of Appeal of Rouen did not change the decision rendered by the Labor Court of Evreux on January 2009 and ruled that Aspocomp Group Plc has to pay to thirteen former employees of its French Subsidiary, Aspocomp S.A.S., approximately EUR 527 000 including the interest.
The increase in revenues is due to the progress of the existing order book and in particular to the advancement of the activities of projects in Saudi Arabia, Denmark and some projects acquired from the French Subsidiary.
However, no assurance can be given that the SPPICAV and each French Subsidiary which elected for the SIIC Regime will continue to comply with such requirements and therefore avail of the corporate tax exemption.
During the Revolving Commitment Period, the Borrower or any Foreign Subsidiary Borrower (other than the French Subsidiary) may use the Revolving Commitments by borrowing, prepaying the Dollar Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.
Having considered the litigation with the French Subsidiary’s various legal counsels, the Board of Directors believes that the French Subsidiary is unlikely to be liable to the litigation.