Examples of Variable Interest in a sentence
All references herein to consolidated financial statements of the Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each Non-Subsidiary Variable Interest Entity even though such Non-Subsidiary Variable Interest Entity is not a Subsidiary as defined herein.
Pursuant to Instruction ii to Item 601 of Regulation S-K, the Registrant may only file this form as an exhibit with a schedule setting forth the material details in which the executed agreements differ from this form: No. Name of VIE Shareholder Name of Variable Interest Entity (the “VIE”) Name of WFOE % of VIE Shareholder’s Equity Interest in the VIE Loan Amount Execution Date 1 Xxxxx Xxxxx Xxxxx Xxxxx Technology Group Co., Ltd.
Pursuant to Instruction ii to Item 601 of Regulation S-K, the Registrant may only file this form as an exhibit with a schedule setting forth the material details in which the executed agreements differ from this form: No. Name of VIE Shareholder Name of Variable Interest Entity (the “VIE”) Name of WFOE Version of Proxy Agreement and Power of Attorney % of VIE Shareholder’s Equity Interest in the VIE Execution Date 1 Xxxxx Xxxxx Xxxxx Xxxxx Technology Group Co., Ltd.
In January 2003, the FASB issued FIN No. 46, "Consolidation of Variable Interest Entities." The primary objective of FIN No. 46 is to provide guidance on the identification of, and financial reporting for, entities over which control is achieved through means other than voting rights; such entities are known as variable interest entities.
For the avoidance of doubt, Subsidiaries that are Variable Interest Entities are included in the consolidated financial statements of the Borrower and its Subsidiaries and are included in the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference.