Examples of Target Company in a sentence
As at the date of this announcement, the Target Company held the Qixian Project and the Anyang Project through two wholly-owned subsidiaries, namely Qixian Subsidiary and Anyang Subsidiary, respectively.
On 12 May 2016, the Subsidiary and the Owners entered into the Equity Transfer Agreement pursuant to which the Subsidiary agreed to purchase, and the Owners agreed to sell, the entire equity interest of the Target Company pursuant to the terms thereof.
On 12 May 2016, the Subsidiary, the Owners and the Target Company entered into the Cooperation Framework Agreement in relation to (i) the arrangement regarding the transfer of the entire equity interest of the Target Company; (ii) the arrangement regarding the Qixian Project; and (iii) the arrangement regarding the Anyang Project.
The Target Company shall be responsible for the payment of any placement agent’s fees, financial advisory fees, or brokers’ commissions (other than for Persons engaged by any Purchaser), in each case payable to third parties retained by the Target Company, relating to or arising out of the transactions contemplated by this Agreement and the Other Subscription Agreements, if any.
The Company and, to the Company’s knowledge, the Target Company, have all requisite corporate power and authority to enter into the Merger Agreement and to carry out and perform their respective obligations under the terms of the Merger Agreement.