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

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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: CITIC Group, General Electric Capital Corp

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