Demerged Undertaking 2 definition

Demerged Undertaking 2 means the business undertaking comprising of the Mining Division (as defined hereinafter) of the Transferor Company, comprising of the assets and liabilities set out in Part B of Schedule 1 hereto, on a going concern basis, inclusive of but not limited to:
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Demerged Undertaking 2 means the business on women’s lifestyle focusing on motherhood under the brand name Mom Junction as identified by the management of the Demerged Company inclusive but not limited to all assets (movable or immovable, tangible or intangible) and all the businesses, undertakings, activities, properties, investments and liabilities, of whatsoever nature and kind and wheresoever situated shall include the following:
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Demerged Undertaking 2 means the Solvent Extraction Business of Demerged Company (as defined below) including all related properties, assets, debts, Liabilities, duties, obligations rights, benefits, incentives (including application therefor), exemptions, subsidies, concessions, refunds, and powers, on a going concern basis, representing an undertaking in compliance with Section 2(19AA) of the Income Tax Act, as on the Appointed Date, which shall be transferred to and vested in the Resulting Company 2 upon demerger from the Demerged Company in terms of Part IV of this Scheme. Without prejudice and limitation to the generality of the above, the Demerged Undertaking 2 means and includes:
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Examples of Demerged Undertaking 2 in a sentence

  • Upon the effectiveness of this Scheme, in accordance with the applicable accounting standards, Act and generally accepted accounting principles in India, the Demerged Undertaking 2 is considered acquired by the Resulting Company under Ind AS 103.


More Definitions of Demerged Undertaking 2

Demerged Undertaking 2 means the undertaking of the Demerged Company 2, pertaining to the Demerged Business 2, which shall be inclusive of, but not limited to:
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Demerged Undertaking 2 means the business undertaking comprising of acquiring content from producers and third parties of the Transferor Company 2, comprising of the assets and liabilities set out in the Demerger Agreement, on a going concern basis, inclusive of but not limited to all assets (movable or immovable, tangible or intangible) including any rights attached thereto, broadcasting rights, programming rights, telecasting rights or any other right of similar nature, records, the operations, licenses, deferred tax asset, tax credits (including service tax credit), the liabilities and obligations. It shall also include any personnel, intellectual property rights including rights registered for television formats of gaming based shows, or such other rights or tangible or intangible properties belonging to, or forming part of, or relating or appertaining to, or attributable to the content division identified as general entertainment television business of the Transferor Company 2. For the purpose of this Scheme, it is clarified that liabilities pertaining to the Demerged Undertaking 2 of the Transferor Company 2 shall include:
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Demerged Undertaking 2 means all the businesses, undertakings, activities, operations and properties, of whatsoever nature and kind and wheresoever situated, forming part of the Human API Business as a going concern, including but not limited to, the following:
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Demerged Undertaking 2 means the business undertaking comprising of acquiring content from producers and third parties of the Transferor Company 2, comprising of the assets and liabilities set out in the Demerger Agreement, on a going concern basis, inclusive of but not limited to all assets (movable or immovable, tangible or intangible) including any rights attached thereto, broadcasting rights, programming rights, telecasting rights or any other right of similar nature, records, the operations, licenses, deferred tax asset, tax credits (including service tax credit), the liabilities and obligations. It shall also include any personnel, intellectual property rights including rights registered for television formats of gaming based shows, or such other rights or tangible or intangible properties belonging to, or forming part of, or relating or appertaining to, or attributable to the content division identified as general entertainment television business of the Transferor Company 2. For the purpose of this Scheme, it is clarified that liabilities pertaining to the Demerged Undertaking 2 of the Transferor Company 2 shall include:a) The liabilities, which arise out of the activities or operations of the Demerged Undertaking 2 of the Transferor Company 2;b) Specific loans and/or other financing facilities raised, incurred and / or utilized solely for the activities or operations of the Demerged Undertaking 2 of the Transferor Company 2;c) Liabilities other than those referred to in sub-Clauses (a) and (b) above, and not directly relatable to the Remaining Business of Transferor Company 2, being the amounts of general or multipurpose borrowings of Demerged Company 2, allocated to the Demerged Undertaking 2 of Transferor Company 2 in the same proportion which the value of the assets transferred bears to the total value of the assets of Transferor Company 2 immediately before giving effect to this Scheme.
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Demerged Undertaking 2 means the entire consumer wireless mobile business, undertakings, activities and operations of the Transferor Company in the Rajasthan Circle provided under the Rajasthan Telecom License, other than the Demerged Undertaking 1, to be transferred to BHL as a going concern with effect from the Appointed Date and, unless mutually agreed to and/ or identified between the relevant Parties, includes without limitation:
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Demerged Undertaking 2 means the entire consumer wireless mobile business, undertakings, activities and operations of the Transferor Company in the Rajasthan Circle provided under the Rajasthan Telecom License, other than
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Related to Demerged Undertaking 2

  • Demerged Undertaking means the Premium Brands Business of the Demerged Company and includes related assets, liabilities, rights and powers, on a going concern basis, representing an undertaking in compliance with Sec. 2(19AA) of the Income Tax Act, as on the Appointed Date, which shall be transferred and vested with the Resulting Company upon Demerger by the Demerged Company in terms of this Scheme. Without prejudice and limitation to the generality of the above, the Demerged Undertaking means and includes,:

  • related undertaking means any undertaking in which any person has a

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • vertically integrated undertaking means an electricity undertaking or a group of electricity undertakings where the same person or the same persons are entitled, directly or indirectly, to exercise control, and where the undertaking or group of undertakings perform at least one of the functions of transmission or distribution, and at least one of the functions of generation or supply of electricity;

  • Performance Undertaking means that certain Performance Undertaking, dated as of the Closing Date, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • financial undertaking means any of the following entities:

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or a Subsidiary thereof that are reasonably customary in non-recourse securitization transactions.

  • Affidavit and Undertaking means the affidavit and undertaking provided by the Bidder substantially in form and manner as annexed in Annexure I hereto;

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with the Agreement, executed and delivered by Borrower, each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Original Obligor means an Original Borrower or an Original Guarantor.

  • Demerger means a demerger pursuant to Chapter 17 of the Finnish Companies Act (624/2006 as amended from time to time).

  • Amalgamation Agreement means the Amalgamation Agreement dated as of June 26, 2020 among Cybin, Clarmin and Subco relating to the Amalgamation, as amended on October 21, 2020, a copy of which is available under the Company’s profile on the SEDAR website at www.sedar.com.

  • subsidiary undertaking means an undertaking controlled by a parent undertaking, including any subsidiary undertaking of an ultimate parent undertaking;

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.