BVI definition

BVI means the British Virgin Islands.

BVI the British Virgin Islands

BVI means British Virgin Islands;

Examples of BVI in a sentence

• Each of the Transacting Parties acknowledges that the Purchase Price being paid by BVI NewCo 1 was negotiated at arm’s-length, may not represent the fair market value of the BVI New Co 2 Shares, and that the BVI New Co 2 Shares may have a current or future value greater or lesser than the Purchase Price.

• CNHTC As at the date of this announcement, CNHTC holds the entire issued share capital of Sinotruk (BVI) Limited, which in turn is the holder of 51% of the Shares.

• On the Closing (as defined below), subject to the terms and conditions of this Agreement, BVI NewCo 1 hereby agrees to purchase from CISO and CISO hereby agrees to transfer, sell and deliver to BVI NewCo 1, all of CISO’s right, title and interest in and to the BVI NewCo 2 Shares hereto, at the purchase price of $1 specified on Exhibit A (the “Purchase Price”) consisting in the transfer and delivery to CISO all of BVI NewCo 1’s right, title, and interest in the CISO Shares.

• The rights and obligations of CISO and BVI NewCo 1 under this Agreement may only be assigned with the prior written consent of the Company.

• BVI NewCo 1 is capable of evaluating the merits and risks of this purchase, has the ability to protect BVI NewCo 1’s own interests in this transaction and is financially capable of bearing a total loss of the Shares being purchased by BVI NewCo 1.

More Definitions of BVI

BVI means the territory of the British Virgin Islands;

BVI has the meaning set forth in the recitals to this Agreement.

BVI means Business Venture Investment No.1454 Proprietary Limited (in business rescue) with registration number 2010/021434/07, incorporated as a private company in accordance with the laws of South Africa;

BVI. British Virgin Islands; “Certificate(s)” certificate(s) representing the Bonds;

BVI the British Virgin Islands “Company” NetDragon Websoft Holdings Limited, an exempted company incorporated in the Cayman Islands with limited liability, and the issued Shares of which are listed on the Stock Exchange “Director(s)” the director(s) of the Company “Existing Tenancy Agreement” a tenancy agreement dated 19 January 2018 and entered into between NetDragon (Fujian) and Fuzhou 851 in relation to the 000 Xxx Xxxxxxxx “Fuzhou 851” Fuzhou Yangzhenhua 851 Bio-Engineering Research Inc. (福州楊振華 851 生物工程技術研究開發有限公司), a sino-foreign equity joint venture enterprise established in the PRC, and whose equity interest in the registered capital is owned as to approximately 11.61% and 88.39% by DJM Holding Ltd., a substantial shareholder of the Company and Xxx Xxxxxx, an executive Director, respectively and is a connected person of the Company under the Listing Rules “Glory More” Glory More Limited, a company incorporated in Hong Kong with limited liability on 31 January 2008 which is wholly and beneficially owned by NetDragon (BVI) “Group” the Company, its subsidiaries and such entities which are considered as subsidiaries of the Company under the applicable accounting standard and policy “HK$” Hong Kong dollars, the lawful currency of Hong Kong “Hong Kong” the Hong Kong Special Administrative Region of the PRC “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “NetDragon (BVI)” NetDragon Websoft Inc., a company incorporated in BVI on 8 January 2003, which is wholly and beneficially owned by the Company “NetDragon (Fujian)” Fujian NetDragon Websoft Co., Ltd. ( 福 建 網 龍 計 算 機 網 絡 信 息 技 術 有 限 公 司 ), a company established in the PRC with limited liability on 25 May 1999, and through the Structure Contracts, TQ Digital and TQ Online are able to control NetDragon (Fujian) and accordingly, is regarded as a subsidiary of the Company “PRC” the People’s Republic of China (for the purpose of this announcement, excluding Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan) “Renewal Tenancy Agreement” a renewal tenancy agreement dated 19 January 2021 and entered into between NetDragon (Fujian) and Fuzhou 851 in relation to the 851 New Building “RMB” Reminbi, the lawful currency of the PRC “Share(s)” the ordinary share(s) of US$0.01 each in the share capital of the Company “Structure Contracts” the structure contracts entered into among the Group’s subsidiaries and affiliates, particulars of which are set out in “Structure Co...

BVI has the meaning set forth in the Introductory Paragraph of this Deed.

BVI means Business Venture Investments No 1567 (Proprietary) Limited (RF), (Registration Number 2011/115501/07), a limited liability, private, ring-fenced company, duly incorporated in accordance with the laws of the Republic of South Africa;