Aviation Industry definition
Examples of Aviation Industry in a sentence
In the mid-to late 1990s, the China Aviation Industry Corporation (“AVIC II”) entered into a joint venture with Eurocopter SA, a subsidiary of the European Aeronautic Defense and Space Co. and Agusta S.p.A. to develop a new helicopter called the “Chinese Medium Helicopter” or “CMH,” a twin engine, 5.5-ton helicopter.
For example, a September 6, 2002 PWC document entitled “China Aviation Industry Corporation II (AVIC II)” stated: “Market for CMH is large .
Aviation Industry ‐ Mitigating Climate Change Impacts through Technology and Policy.
The Articles of Incorporation or their equivalent of any subsidiary or Affiliate of Parent involved in the Aerospace and Aviation Industry in which LHT acquires stock or other equity interest shall provide for the preemptive rights as set forth in this Article in form and substance acceptable to LHT and effective upon acquisition by LHT of the stock or other equity interest therein.
Aviation Industry is established in the PRC and is wholly-owned by SASAC.
In the event that Newco is not financially capable of undertaking an Investment in the Aerospace and Aviation Industry and if Parent or Affiliates of Parent wish to proceed with such Investment, LHT shall have the right to participate in such Investment on similar terms as offered to Parent, or Affiliates of Parent in an amount equal to the same percentage of Shares then owned by LHT in Newco (the "Pro Rata Interest").
Aviation Industry owns as to 62.52% in AVIC International, which in turn owns 100% of Shenzhen Company, which is the controlling Shareholder.
With respect to any future Investments in the Aerospace and Aviation Industry, such Investments shall be made in Newco if (i) Newco has the reasonable financial capability to undertake such Investment and (ii) LHT approves the making of such Investment within 45 days of receiving a request to approve such Investment.
Given that the Group is ultimately controlled by Aviation Industry, the Group has established mutually beneficial relationships with Aviation Industry and/or its associates by long-term cooperation.
SECTION 5.1.2. LHT shall confirm its desire to participate with Parent or Affiliates of Parent within ninety (90) days of notice of a proposed Investment in the Aerospace and Aviation Industry, or if such Investment is proposed to be consummated within a shorter period than ninety (90) days, then at least forty-five (45) days prior to the proposed date of consummation of the Investment.