DORMANT COMPANIES definition

DORMANT COMPANIES means any Group Company which has not traded or has ceased trading (all such companies as at the date of execution of this Agreement being listed in Part 2 of Schedule 16);
DORMANT COMPANIES procure that none of the companies set out in Part ll of Schedule 3 cease being a Dormant Subsidiary, other than as a result of a liquidation of any such company which would not be a Default, and do not acquire any assets and do not assume any liabilities or if any such company ceases to be a Dormant Subsidiary, procure that such company delivers a duly executed Guarantee and Debenture to the Bank within 10 Business Days of ceasing to be a Dormant Subsidiary: and
DORMANT COMPANIES means Almatel SARL, Xxxx Sud SARL and Cabinet Brossard SARL;

Examples of DORMANT COMPANIES in a sentence

  • DORMANT COMPANIES REGION WISE STATE WISE CITY WISE (MT_PT).rpt 5.

  • DORMANT COMPANIES REGION WISE STATE WISE CITY WISE (All Over India).rpt 4.

  • FINANCIAL REPORTING FOR DORMANT COMPANIES Recommendation 4.6 Dormant non-listed companies (other than subsidiaries of listed companies) should be exempt from financial reporting requirements, subject to certain safeguards.

  • DORMANT COMPANIES...................................................

  • THE DORMANT COMPANIES THE CHARGING COMPANIES AND THE BABY BELLS.......


More Definitions of DORMANT COMPANIES

DORMANT COMPANIES means Almatel SARL, Alma Sud SARL and Cabinet Brossard SARL;
DORMANT COMPANIES means Digital Cyber Technologies Limited, Forefront International
DORMANT COMPANIES means any Group Member which at Completion is dormant as defined by s.249AA CA 1985 and “Dormant Company” shall mean each of them;
DORMANT COMPANIES means each of Synetix Limited, Katalco Limited and Tracerco Limited;
DORMANT COMPANIES means the Subsidiaries of the Borrowers specifically designated as “dormant” on Schedule 4.14 hereto.
DORMANT COMPANIES means all companies (other than the Issuer) which are subsidiaries of any Obligor (but are not themselves Obligors) as at the Initial Closing Date.
DORMANT COMPANIES it will procure that: (i) none of the members of the Group which are dormant (within the meaning of section 250 of the Act) at the date of this Agreement or hereafter become dormant shall: