Common use of Qualifying Subsidiaries Clause in Contracts

Qualifying Subsidiaries. 9.3.1 If any Shareholder that is a Qualifying Subsidiary is about to or will cease to be a Qualifying Subsidiary it must, before ceasing to be a Qualifying Subsidiary, ensure that its interest in all and not part only of the Shares in which it is interested shall be effectively transferred to GE Equity or Able Star (as the case may be) or to another Qualifying Subsidiary.

Appears in 4 contracts

Samples: Shareholders' Agreement, AsiaCo Acquisition LTD, CITIC Group

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Qualifying Subsidiaries. 9.3.1 If any Shareholder that is a Qualifying Subsidiary is about to or will cease to be a Qualifying Subsidiary it must, before ceasing to be a Qualifying Subsidiary, ensure that its interest in all and not part only of the Shares in which it is interested shall be effectively transferred to GE Equity GEC or Able Star CITIC (as the case may be) or to another Qualifying Subsidiary.

Appears in 3 contracts

Samples: Shareholders’ Agreement (AsiaCo Acquisition LTD), Shareholders’ Agreement (General Electric Capital Corp), Shareholders’ Agreement (CITIC Group)

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Qualifying Subsidiaries. 9.3.1 8.3.1 If any Shareholder that is a Qualifying Subsidiary is about to or will cease to be a Qualifying Subsidiary Subsidiary, it must, before ceasing to be a Qualifying Subsidiary, ensure that its interest in all and not part only of the Shares in which it is interested shall be effectively transferred to GE Equity GEC or Able Star CITIC (as the case may be) or to another Qualifying Subsidiary.

Appears in 2 contracts

Samples: General Electric Capital Corp, CITIC Group

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