Absorbed Company definition

Absorbed Company means a company which has merged prior to Submission Date with the Tenderer or Member, as demonstrating the Professional Threshold Requirement(s) (“the Surviving Company”), in such a manner as to bring about the transfer of all its assets and liabilities to the Surviving Company and the extinction of the absorbed company.

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Absorbed Company means a company or a specific company's line of business which has merged prior to the Pre-Qualification Submission Date with the

Absorbed Company or “Pherecydes” means Pherecydes Pharma, a public limited liability company (société anonyme), having its registered office at 22, boulevard Benoni Goullin, 44200 Nantes, registered in the Nantes Trade and Companies Register under number 493 252 266.

Examples of Absorbed Company in a sentence

• New shares in the share capital of the Absorbing Company shall be issued and allotted to the shareholders of the Absorbed Company by application of the Exchange Ratio.

• The Absorbing Company shall assume the benefit and/or charge of any prior tax commitment made by the Absorbed Company in connection with prior transactions completed subject to a preferential tax regime with regard to registration duties and/or corporate income tax or sales tax.

• Generally speaking, the Absorbing Company will be subrogated purely and simply in all the rights, obligations and various commitments of the Absorbed Company, without any exception or reservation.

• The Cross-Border Merger is the first step of the business combination between the Absorbed Company (which is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses) and the Arrival group (the “Business Combination”).

• The rights and claims comprised in the assets of the Absorbed Company shall be transferred to the Absorbing Company with all securities, either in rem or personal, attached thereto.

• Lastly, and generally, the Absorbing Company agrees to be subrogated in all the rights and obligations of the Absorbed Company for the purpose of ensuring the payment of any and all outstanding contributions and/or taxes due by the Absorbed Company on the date of its dissolution.

• With respect to other taxes and duties, the Absorbing Company will be subrogated to all the rights and obligations of the Absorbed Company and undertakes to meet the corresponding payments and reporting obligations.

• The Absorbing Company will acquire, as a result of the Cross-Border Merger, all assets and liabilities of the Absorbed Company by way of universal succession at the Effective Time.

• In view of the foregoing, the Absorbing Company agrees to file its income statement and to pay any taxes due by it for the current financial year, in respect of both its own operations and those carried on by the Absorbed Company at the Merger Date.

• The Parties hereby agree on a merger by absorption of Cablevisión, as Absorbed Company, by Telecom Argentina as Surviving Company, pursuant and subject to the terms of Sections 82 and 83 of the GCL, and within the tax framework provided by Sections 77 et seq.

More Definitions of Absorbed Company

Absorbed Company. A societé anonyme, domiciled in Marousi of Attica (66 Kifissias Avenue, 151 25) under the name “▇▇▇ HELLAS TELECOMMUNICATIOS A.E.B.E.” and distinctive title “▇▇▇ HELLAS A.E.B.E.”, with registration number 27039/01AT/B/92/1961, lawfully represented by ▇▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ by virtue of a special authorization provided by decision 177 / 20.7.2005 of the board of Directors of the company.

Absorbed Company means PAPABULL INVESTMENTS LIMITED, a private limited liability company registered in the Republic of Cyprus under the provisions of the Companies Law, Cap. 113 under registration no. ΗΕ409071, having its registered office in Nicosia.

Absorbed Company the société anonyme (financial institution) under the corporate name “ALPHA SERVICES AND HOLDINGS S.Α.” and the distinctive title “ALPHA SERVICES AND HOLDINGS”, with its registered office in the municipality of Athens with G.E.MI. no. 000223701000 and tax identification number ▇▇▇▇▇▇▇▇▇.