Examples of Third Party Indebtedness in a sentence
Due to the Financing Transactions, the Group may be required to assume all repayment obligations in respect of the Third Party Indebtedness in the event of payment default on the Third Party Indebtedness.
In connection with those Financing Transactions, the Company and/or certain of its subsidiaries were found to have executed certain guarantee and a mortgage in favour of banks for the Third Party Indebtedness of certain connected persons of Mr. Shi Jian.
In connection with those Financing Transactions, the Company and/ or certain of its subsidiaries were found to have executed certain guarantee and a mortgage in favour of banks for the Third Party Indebtedness of certain connected persons of Mr. Shi Jian.
The aggregate outstanding principal amount of the Third Party Indebtedness as at 31 August 2015 was approximately RMB2,382.7 million.
The Purchaser further agreed that, prior to the full settlement of the Consideration and the full repayment of the Third Party Indebtedness, the Purchaser shall give an irrevocable instruction to the Company so that the Company may exercise all of the Purchaser’s shareholder’s rights in the Target Company, including but not limited to the dividend right and voting right regardless whether the Purchaser is registered as the shareholder of the Target Company.