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. Confident Echo Holdings Limited, a company incorporated in the BVI with limited liability
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Examples of Disposed Company in a sentence

  • The Disposed Company and its subsidiaries (collectively the “Disposed Group”) were principally engaged in property investment and digital entertainment business.

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

  • The principal business of the Disposed Company and its subsidiaries is the provision of lottery-based mobile online game recharge service.

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

  • The Sale Share represents the entire issued share capital of the Disposed Company, which holds the Group’s entire interests in the Qinhuangdao Business.

  • FINANCIAL IMPACT OF THE DISPOSAL Upon Completion, the Disposed Company will cease to be a subsidiary of the Company and its financial results, asset and liabilities will no longer be consolidated into the financial statements of the Group.

  • The Disposed Company has been loss-making for the years ended 31 December 2020 and 31 December 2021 respectively.

  • It is estimated that the gain on disposal of the entire issued share capital of the Disposed Company calculated in accordance with the HKFRSs would be approximately HK$16.2 million, comprising the Consideration less the carrying value and exchange reserve of the Disposed Company and after deducting the expenses directly attributable to the Disposal.

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

  • Assuming Disposal Completion took place on 31 March 2016, it is expected that the net current assets of the Group (excluding those of the Disposed Company) would increase by HK$187,000,000, being the Disposal Consideration.

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:

  • Restricted Entity means any "employee benefit plan" as defined in and subject to ERISA, any "plan" as defined in and subject to Section 4975 of the Code, or any entity any portion or all of the assets of which are deemed pursuant to United States Department of Labor Regulation Section 2510.3-101 or otherwise pursuant to ERISA or the Code to be, for any purpose of ERISA or Section 4975 of the Code, assets of any such "employee benefit plan" or "plan" that invests in such entity.

  • Restricted companies means companies that boycott Israel.

  • Controlled Company means a company having not more than fifty members and controlled, in the manner described by section 139, by not more than five persons;

  • Restricted Business has the meaning set forth in Section 6.10(a).

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Material Restricted Subsidiary any Restricted Subsidiary other than one or more Restricted Subsidiaries designated by the Borrower that in the aggregate do not constitute Material Subsidiaries.

  • Material Group Company means the Issuer or a Subsidiary representing more than 5.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the net profit of the Group on a consolidated basis according to the latest Financial Report.

  • Restricted Group means, collectively the Company, its subsidiaries, the members of the Sponsor Group and their respective Affiliates.

  • Disposed EBITDA means, with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or such Converted Unrestricted Subsidiary, all as determined on a consolidated basis for such Sold Entity or Business or such Converted Unrestricted Subsidiary.

  • Company Subsidiary means any Subsidiary of the Company.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Consultant Company means for an individual consultant, a company or partnership of which the individual is an employee, shareholder or partner;

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Financially Evaluated Entity means the company which has been evaluated for the satisfaction of the financial requirement set forth in Clause 2.1.3 hereof;

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Combined Company means Holdco and its consolidated subsidiaries after giving effect to the Business Combination.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Company Group Member means each member of the Company Group.