Chinese Subsidiaries means all Subsidiaries of the Borrower organized under the laws of the People’s Republic of China.
Chinese Subsidiaries means each of the following Subsidiaries: Changzhou Toledo Electronic Scale Ltd., Changzhou; Panzhihua Toledo Electronic Scale Ltd., Panzhihua; Xxxxxxx-Xxxxxx Instruments (Shanghai) Ltd., Shanghai; Xxxxxxx-Xxxxxx International Trading (Shanghai) Corp., and Xxxxxxx Xxxxxx Electronic Scale Ltd., Urumgi, each incorporated in the People's Republic of China, and their respective successors.
Chinese Subsidiaries means all Subsidiaries of the Company organized under the laws of the People’s Republic of China. “Closing Date” means August 4, 2017.
Examples of Chinese Subsidiaries in a sentence
Tranche I and Tranche II (collectively, the "Facilities") may be drawn down in accordance with the provisions of the Facilities to finance the working capital requirement of the Chinese Subsidiaries.
The Facilities are cross-guaranteed by the Chinese Subsidiaries and by Neo and contain a number of financial covenants (which include a debt to equity ratio and that minimum equity and earnings before interest, income taxes, depreciation and amortization ("EBITDA") levels be maintained – as such terms are defined in the Facilities agreement) and commercial covenants, including specific terms relating to the timing, interest payable and maturity terms of each draw on these Facilities.
The de- termination of which alternative to use will be made by FNS after consultation with the State agency.
However, it is right to record a further point relating to the value of the Chinese Subsidiaries, which was taken into account by Mr Ryan (and noted by Mr Plaha) though not by FTI.
Mr Yeap also accepted in cross-examination that the Chinese Subsidiaries were well- managed and that they had value as a going concern.
More Definitions of Chinese Subsidiaries
Chinese Subsidiaries means all Subsidiaries of the Company organized under the laws of the People’s Republic of China.
Chinese Subsidiaries means Danone Foods Trading (China) Co. Ltd., Jiangmen Danone Biscuits Co. Ltd., Danone Foods (Suzhou) Co. Ltd. and the Chinese JV.
Chinese Subsidiaries means, collectively, Guangzhou Xxxxxx Telecommunications Co., Ltd, Anshan Xxxxxx Broadcast Equipment Co. Ltd and Xxxxxx Semiconductor (Suzhou) Co. Ltd.
Chinese Subsidiaries means Subsidiaries that are not Loan Parties and that are located in, and organized under the laws of, China. “Chinese Subsidiary Secured Debt Limitation” means $250,000,000 minus the aggregate outstanding principal amount (which shall include,for purposes of this definition, the undrawn committed or available amounts under the applicable facility) of all Foreign Subsidiary Secured Obligations.
Chinese Subsidiaries collectively means the Xiamen Subsidiary and each of the Chinese Sales Companies.
Chinese Subsidiaries has the meaning specified in Section 7.17(f). “Closing Date” means the first date all the conditions precedent in Section 4.01 are satisfied or waived in accordance with Section 11.01. “Code” means the Internal Revenue Code of 1986, as amended. “Collateral” shall have the meaning assigned to “DIP Collateral” in the Final DIP Order. For the avoidance of doubt, the Collateral will include any intercompany notes from Hong Kong Debtor to GTAT Corporation and rights of GTAT Corporation and GT Advanced Equipment Holding LLC under any intercompany sales agreement, in each case, pursuant to the Intercompany Agreement and any collateral rights thereunder. “Collateral Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement. “Collateral Documents” means, collectively, the Security Agreement, the Intellectual Property Security Agreement, each Deposit Account Control Agreement and Securities Account Control Agreement, Security Agreement Supplements, Hong Kong Share Pledge Documents, Luxembourg Receivables Pledge Agreement, each of the collateral assignments, Security Agreement Supplements, IP Security Agreement Supplements, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent in respect of Collateral pursuant to Section 6.14, and each of the other agreements, instruments or documents that creates or purports to create a Lien in favor of the Collateral Agent with respect to the Collateral for the benefit of the Secured Parties. “Commitment” means, as to each Lender, its obligation to make Loans pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Commitment” (or, with respect to any Backstop Lender, as may be adjusted pursuant to Section 2.01(b) in the event that any Lender is a Defaulting Lender) or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including pursuant to Section 2.13).
Chinese Subsidiaries shall not include any Subsidiary organized in Hong Kong or Taiwan) to have more than $3,000,000 of aggregate cash or Cash Equivalents on hand at any time; provided that the Chinese Subsidiaries may have more than $3,000,000 of aggregate cash and Cash Equivalents to the extent that (i) the Chinese Subsidiaries and the Loan Parties use commercially reasonable efforts to reduce such amount to less than $3,000,000 (subject to compliance with applicable Law) and (ii) such amount in excess of $3,000,000 was obtained by the Chinese Subsidiaries in the ordinary course of business; or (g) Permit any amendment or other modification to the L/C Facility in any manner adverse to the interests of the Lenders; or (h) Apply any insurance proceeds relating to the May 26, 2015 fire at the Debtors’ Mesa Facility received in connection with any loss, damage or repair to any ASF Furnace that has not suffered a total loss to pay the Apple Repayment Amount. ARTICLE VIII