Examples of AssetCo Group in a sentence
Following repayment in full of the external facilities described in the Financing section, each shareholder also has a right of first offer in respect of any disposals requested by the other shareholder of such shareholder’s indirect interest in any project company within the AssetCo Group, subject to any transfer restrictions which apply.
The Shareholders’ Agreement governs the terms of the KKR Investor and Equitix Xxxxxx’s shareholding in Xxxx Xxxxx Investments Limited and the rights and obligations of each shareholder in respect of the governance of Xxxx Xxxxx Investments Limited and the AssetCo Group.
Any existing letters of credit that have been issued under the existing financing arrangements of the Xxxx Xxxxx Group to support obligations relating to the AssetCo Group shall be backstopped and/or replaced by the KKR Investor and Equitix Holdco pro rata to their ownership interest in the ordinary shares of Xxxx Xxxxx Investments Limited from time to time.
Each Shareholder shall, and shall direct that its Controlled Affiliates shall, not acquire any shares or other equity interests in any of the Project Companies, directly or indirectly, other than through the Company or its Subsidiaries, other than where such acquisition gives rise to a call option in favour of the AssetCo Group as set forth in Clauses 5.3(a) or 5.3(b) of the Restructuring Agreement.
The directors consider that the ultimate parent company undertaking and ultimate controlling related party is AssetCo Group Limited, incorporated in Northern Ireland, by virtue of its 100% shareholding.The largest and smallest group of undertakings for which group accounts have been drawn up is that headed by AssetCo Group Limited.
AssetCo Group Limited was, at the time, the holding company of two companies, AS Fire and Rescue Equipment Limited (“AS Fire”), which manufactured ladders, gantries and ancillary equipment, and Todd Research Limited, which manufactured x-ray scanning equipment.
Share PremiumThe share premium account represents the excess over nominal value of the fair value of consideration received for equityshares, net of expenses of the share issue.Reverse Acquisition ReserveThe reverse acquisition reserve arises on the acquisition of Asfare Group plc by AssetCo Group Limited and represents the extent to which the reserves of AssetCo Group Limited have been capitalised as a result of the business combination.
The Arrangers will use their reasonable endeavours (and in consultation with you) to organise the syndication of the Facilities so as to minimise the disruption to the business of the Group, the Target Group and the AssetCo Group.
Being a 100% owned subsidiary, the company has taken advantage of the exemption as conformed by Financial Reporting Standard No 8 ‘Related Party Disclosures’, not to disclose transactions with other members of the Group headed by AssetCo Group Limited.
The Court acknowledged and held consistently with its prior holding in Texas Mutual Ins.