Examples of Merging company in a sentence
Other Loans - (Loan from Merging company See Note below) 591.3Total 121.8 592.1Note:The Company had received a loan from Mahindra Ugine Steel Limited ("MUSCO") in the previous year.
DE R.L. DE C.V. (the "Merged Company") held on September 30, 2022; and (iii) the resolutions contained in the Merger Agreement dated September 30, 2022 signed by the Merging Company and the Merged Company (collectively the "Merger Agreements"), it was agreed to approve the absorption of the Merged company into the Merging company, with the latter as the successor (the "Merger").
Specifically, in terms of the Merged company, the transfer of the latter’s equity to the Merging company does not originate capital gains or capital losses hidden in the transferred assets or liabilities.
In determining the income of the Merging company, the surplus or deficit recorded in the financial statements as a result of the Share Swap Ratio was not taken into consideration, and the higher values entered in the financial statements as a result of the allocation of the deficit, if any, to the Merged company’s equity items, are not taxable towards the Merging company and are not fiscally acknowledged.
Outline of the Merger- Method of merger TMD will merge TMM- Merging company TMDThe corporate name will be changed to “TOKYU MALLS DEVELOPMENT Corp.” on the day of merger.- Dissolved company TMM- Capital 1,550 million yen- President Motoo Kume (Current president of TMD)- Date of merger April 1, 2006 2.