Examples of MII Group in a sentence
The purchase of the Purchased Common Shares was funded from the working capital of MII Group Limited.
On October 31, 2015, MII Group Limited exercised the Option and purchased from Solar Power for an aggregate purchase price of US$10,000,000.8 a total of 3,703,704 shares of common stock of Solar Power (the “Second Batch Common Shares” and collectively with the First Batch Common Shares, the “Purchased Common Shares”).
The funds for the purchase of such shares of Ordinary Shares came from the working capital of MII Group Limited.
The scarcity of gold jewellery may be one plausible explanation for this situation.36 Interestingly, the expenditure on food items is very low in absolute terms for the poorer income deciles although as a percentage of their total expenditure it has reached a staggeringly high level of more than90 percent.37 This distribution of expenditure has two implications.
Pursuant to the Option Agreement, MII Group Limited has an option to purchase from Solar Power up to 9,260,000 shares of common stock of Solar Power at a total purchase price of US$25,002,000 (the “Option”) on or prior to November 4, 2015.
On the same date, MII Group Limited entered into a supplemental agreement (the “Supplemental Agreement”) with Solar Power, pursuant to which MII Group Limited may exercise the Option to purchase the remaining 5,556,296 shares of common stock of Solar Power on or prior to June 30, 2016.
Pursuant to the Purchase Agreement, MII Group Limited purchased from Solar Power for an aggregate purchase price of $25,002,000 a total of 9,260,000 shares of common stock of Solar Power (the “First Batch Common Shares”).
MII Group Limited purchased a total of 152,557 shares of Ordinary Shares in the open market from April 14, 2016 to October 13, 2016, for an aggregate price of US$9,715,268.59, exclusive of commissions and fees, and sold a total of 152,557 shares of Ordinary Shares in the open market from April 25, 2016 to September 28, 2020, for an aggregate price of US$1,650,317.74, exclusive of commissions and fees.
MII Group Limited is the direct owner of 1,296,370 shares of Ordinary Shares of the Issuer and Jilun He is the indirect owner of such shares.
Any remaining funds would be applied to the children's undergraduate college expenses.Regarding plaintiff's support obligation, the arbitrator found that he had proven that his income declined for the years 2009 and 2010, but no other years were evaluated and there was no sufficient basis to make adjustments relative to other years.