Disposed Company definition

Disposed Company means an entity or going business sold by the Borrower or any of its Subsidiaries by way of sale of equity or substantially all of the assets of such entity and otherwise permitted by this Agreement.
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Disposed Company means an entity or assets constituting a business, division, facility, product line or line of business sold by the Borrower or any of its Subsidiaries by way of sale of equity or substantially all of such assets of such entity and otherwise permitted by this Agreement.
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Disposed Company. Confident Echo Holdings Limited, a company incorporated in the BVI with limited liability
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Examples of Disposed Company in a sentence

  • Upon Completion, the Company will cease to hold any equity interest in the Disposed Company.

  • The Disposed Company, which was incorporated in BVI, is an investment holding company and is owned as to 51% by the Company.

  • As at the date of the Agreement, the net amount that the Disposed Company owed to the Company was approximately HK$1.7 million.

  • The Disposed Company is a wholly-owned subsidiary of the Company incorporated in the British Virgin Islands with limited liability.

  • Notwithstanding anything to the contrary contained herein, following the Closing, in no event shall Parent, Surviving Corporation or any of their respective Subsidiaries have any Liability with respect to any employment, severance, consulting or other compensation Contract between any Company Entity and any employee or former employee of any Disposed Company in such Person's capacity as an employee or former employee of any Disposed Company.

  • In the event where the Debt represents the liabilities due by the Company to the Disposed Company, the Purchaser shall procure the Disposed Company to, and the Disposed Company has agreed to, waive such Debt without recourse to the Company.

  • The Disposed Company is an investment holding company and its subsidiaries are principally engaged in holding and licensing of the Trademarks under the “▇▇▇▇▇▇” brandname by which royalty income from the licensees are generated for the Disposed Group.

  • If the Super Senior RCF Agent so instructs, the Security Agent shall also release any Security over any floating charges (or the equivalent in any other jurisdiction) granted by the Disposed Company.

  • In the event where the Debt represents the liabilities due by the Disposed Company to the Company, the Company will waive such Debt without recourse to the Disposed Company.

Related to Disposed Company

  • Disposed of shall have correlative meanings.

  • Disposed shall have correlative meanings.

  • Restricted Company means any of the foregoing.

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Exposed group means all employees at a work location, working area, or a common area at work, where an employee COVID-19 case was present at any time during the high-risk exposure period. A common area at work includes bathrooms, walkways, hallways, aisles, break or eating areas, and waiting areas. The following exceptions apply: