Examples of CNC HK in a sentence
Unless otherwise specified by the clauses or context in this Agreement, the following terms shall have the meanings set out below: CNC HK China Netcom Croup Corporation (Hong Kong) Limited, a limited company incorporated and validly existing under Hong Kong laws with its registered address at F/59, Bank of Xxxxx Xxxxx, 0 Xxxxxx Xxxx, Xxxx Xxxx.
LISTING Means the global IPO of CNC HK and listing on the Stock Exchange of Hong Kong Limited and American Stock Exchange.
The transactions contemplated in Sections 2 and 3 above have been or will be approved by the board of directors and shareholders of CNC (HK) and have been or will be acknowledged by China Netcom Communication Group Corporation, in each case with full disclosure of any interests or prospective interests of employees, officers and/or directors of CNC(HK) in CNET, and will be disclosed in Listco's IPO prospectus, as appropriate.
STATE SHAREHOLDER OF CNC HK Means the Chinese Academy of Science, Information and Network Center of State Administration of Radio, Film and Television, China Railways Telecommunications Center, Shanghai Alliance Investment Limited, Shandong Provincial State-owned Assets Supervision and Administration Commission and CNC BVI as the shareholders of CNC HK.
If CNC (BVI) or CNC (HK) fails to perform any of its obligations under the Share Purchase and Exchange Agreement, CNET and the Fund shall consult and agree in good faith on appropriate modifications to this Agreement and the Instrument.
The obligations of the Fund under this Agreement and the Instrument are subject to the performance in full by CNC (BVI) and CNC (HK) of their obligations under the Share Purchase and Exchange Agreement.
The parties acknowledge that the purpose of this clause is to enable due and careful consideration to be given to the nature and extent of the obligations of China Netcom under the CNC HK Non-Competition Agreement, and to afford China Netcom an opportunity to comply fully with its obligations thereunder.
Each of the Facility Agent and the Arranger may, without any liability to account to the Lenders, accept deposits from, lend money to, and generally engage in any kind of banking or trust business with, the Borrower, CNC HK or any other member of the Group or any of the Lenders as if it were not the Facility Agent or the Arranger (as the case may be).
Accordingly, CNC China is deemed to be interested in 1,188,621,377 Shares held by CNC HK.
Seller desires to consent to the substitution of CNC HK as the Purchaser under the Note and the assignment and delegation to CNC HK of all of Purchaser's rights, benefits, liabilities obligations thereunder, and upon such substitution, assignment and assumption, to release Purchaser of its obligations and liabilities under the Note.