Common use of Single purpose company Clause in Contracts

Single purpose company. The parties agree that the sole purpose and objective of the Company is to hold AsiaSat Shares and the Company shall have no other assets and no business interests of any other nature whatsoever unless otherwise agreed between the Shareholders.

Appears in 3 contracts

Samples: Shareholder Agreements (AsiaCo Acquisition LTD), Shareholder Agreements (CITIC Group), Shareholder Agreement (General Electric Capital Corp)

AutoNDA by SimpleDocs

Single purpose company. The parties agree that the sole purpose and objective of the Company is to hold AsiaSat Shares (both directly and indirectly through Bidco) and the Company shall have no other assets and no business interests of any other nature whatsoever unless otherwise agreed between the Shareholders.

Appears in 2 contracts

Samples: Shareholder Agreement (General Electric Capital Corp), Shareholder Agreement (CITIC Group)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!