Completion of the Disposal Sample Clauses

Completion of the Disposal. Pursuant to the Equity Transfer Agreement, All Pride shall procure Shanghai Skyway to file an application for registration of the transfer of the Target Shares to Great Wall with the relevant industrial and commercial administrative authority in the PRC. Completion of such registration shall be treated as completion of the Disposal.
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Completion of the Disposal. Completion shall take place at 4:00 p.m. on any day within ten Business Days after all the conditions of the Disposal Agreement have been fulfilled or such other date as may be agreed between parties thereto. Upon Completion, the Company will no longer have any interest in the Disposed Group and the companies in the Disposed Group will cease to be subsidiaries of the Company. The financial results of the Disposed Group will cease to be consolidated into the accounts of the Group. INFORMATION OF THE DISPOSED GROUP Yongbao Resources is a company incorporated in the BVI with limited liability and is principally engaged in investment holding. Of the 13 subsidiaries of Yongbao Resources, save for the following four subsidiaries, all other subsidiaries are either investment holdings companies or were dormant in the past two years. Jianshengpan was established in the PRC in October 2003. Jiashengpan is principally engaged in mining and processing of mineral resources and holding of mining licence in the PRC. Jiashengpan is a holder of a mining right for a mine located in 中國內蒙古自治區烏拉特中旗 (Wulatezhong Qi, Inner Mongolia of the PRC#) with an aggregate mining area of 1.1014 square kilometres. As disclosed above, Xxxxxxxxxxxx has unauthorisedly executed certain guarantees for the loans of First Create. Judgments were entered into against, among others, Jiashengpan. Further, Jiashengpan also defaulted in repayment of a loan in a principal amount of RMB150 million, the mining right and certain bank accounts of Jiashengpan are subject to a freezing order. As at 30 June 2017, based on the management account of Jiashengpan, Jiashengpan recorded provision for litigation of approximately RMB1,359 million. Straight Upward Investments Limited is a company incorporated in the BVI with limited liability and it is principally engaged in trading of derivative financial instruments. Sky King Development Limited is a company incorporated in Hong Kong with limited liability and it is principally engaged in investment holding and trading of derivative financial instruments Ruirui was established in the PRC in March 2006. Ruirui is principally engaged in investment holding, trading of nonferrous metals and derivative financial instruments. Like Xxxxxxxxxxx, Xxxxxx has unauthorisedly executed certain guarantees for the loans of First Create and judgments were entered into against, among other things, Ruirui. Since the discovery of the Litigation and the Arbitration Cases in 2015, each of ...
Completion of the Disposal. Completion of the Disposal shall take place on the date which is the fifth (5th) Business Day (or such other Business Day as agreed in writing between Win Harbour and Prance Fortune or deferred by the non-defaulting party pursuant to the relevant provisions of the Disposal Agreement) after the date on which all the conditions precedent have been satisfied (or waived as the case may be) pursuant to the relevant provisions of the Disposal Agreement.

Related to Completion of the Disposal

  • Completion of the Project The Contracting Party shall complete the construction, equipping and furnishing of the Improvements in accordance with the Plans and submit to the Board a Certificate of Completion on or before November 1, 2016.

  • Completion of the Work The Contractor must obtain Material Completion as defined in Section 6.1.2 below prior to any occupancy of the Project.

  • Upon completion of the Project the Recipient shall make a full and complete accounting to the OPWC of the Eligible Project Cost.

  • CONSTRUCTION OF THE BUS TERMINAL 12.1 Obligations prior to commencement of construction Prior to commencement of Construction Works, the Concessionaire shall:

  • CONSTRUCTION OF THE PROJECT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Apartment/ Plot and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the relevant building bye-laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of this Agreement.

  • Execution of the Project Section 3.01. (a) The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out the Project with due diligence and efficiency and in conformity with appropriate administrative, financial, banking, accounting and environmental practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the Project.

  • Construction of the Agreement The Agreement sets forth the entire understanding between two sophisticated business entities with legal counsel as to its subject and supersedes all prior agreements, conditions, warranties, representations, arrangements and communications, including purchase orders issued by Client, whether oral or written, and whether with or by Accenture, any of its affiliates, or any of their employees, officers, directors, agents or shareholders. Each party acknowledges that it entered into the Agreement solely based on the agreements and representations contained herein, and has not relied upon any representations, warranties, promises, or inducements of any kind, whether oral or written, and from any source. If a court of competent jurisdiction finds any term of the Agreement to be invalid, illegal or otherwise unenforceable, such term or provision will not affect the other terms of this Agreement and will be deemed modified to the extent necessary, in the court’s opinion, to render such term enforceable while preserving to the fullest extent permissible the intent and agreements of the parties set forth in this Agreement. No waiver or modification of any provision of the Agreement will be effective unless it is in writing and signed by the party against which it is sought to be enforced. The delay or failure by either party to exercise or enforce any of its rights under this Agreement is not a waiver of that party’s right to later enforce those rights, nor will any single or partial exercise of any such right preclude any other or further exercise of these rights or any other right. There are no third-party beneficiaries to the Agreement. In the event of a conflict between these GTC and an Order Form, the Order Form controls for purposes of that Order Form only.

  • Completion of Concrete Pours and Emergency Work 24.14.1 Except as provided in this sub-clause an employee shall not work or be required to work in the rain.

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project

  • Condition of the Property THE LESSEE ACKNOWLEDGES AND AGREES THAT IT IS LEASING THE PROPERTY "AS IS" WITHOUT REPRESENTATION, WARRANTY OR COVENANT (EXPRESS OR IMPLIED) BY THE LESSOR AND SUBJECT TO (A) THE EXISTING STATE OF TITLE, (B) THE RIGHTS OF ANY PARTIES IN POSSESSION THEREOF, (C) ANY STATE OF FACTS WHICH AN ACCURATE SURVEY OR PHYSICAL INSPECTION MIGHT SHOW, AND (D) VIOLATIONS OF REQUIREMENTS OF LAW WHICH MAY EXIST ON THE DATE HEREOF OR ON THE ACQUISITION DATE. THE LESSOR HAS NOT MADE AND SHALL NOT BE DEEMED TO HAVE MADE ANY REPRESENTATION, WARRANTY OR COVENANT (EXPRESS OR IMPLIED) AND SHALL NOT BE DEEMED TO HAVE ANY LIABILITY WHATSOEVER AS TO THE TITLE (OTHER THAN FOR LESSOR LIENS), VALUE, HABITABILITY, USE, CONDITION, DESIGN, OPERATION, OR FITNESS FOR USE OF THE PROPERTY (OR ANY PART THEREOF), OR ANY OTHER REPRESENTATION, WARRANTY OR COVENANT WHATSOEVER, EXPRESS OR IMPLIED, WITH RESPECT TO THE PROPERTY (OR ANY PART THEREOF) AND THE LESSOR SHALL NOT BE LIABLE FOR ANY LATENT, HIDDEN, OR PATENT DEFECT THEREIN (OTHER THAN FOR LESSOR LIENS) OR THE FAILURE OF THE PROPERTY, OR ANY PART THEREOF, TO COMPLY WITH ANY REQUIREMENT OF LAW.

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