Examples of GloryFin HK in a sentence
The Company owns one hundred percent (100%) equity interest in UcarEase BVI (on a fully diluted basis), UcarEase BVI in turn owns one hundred percent (100%) equity interest in GloryFin HK (on a fully diluted basis) and GloryFin HK in turn owns hundred percent (100%) equity interest in Kaifeng Financing Lease and Boyu Financing Lease (on a fully diluted basis), in each case free and clear of any Encumbrance.
The Company owns one hundred percent (100%) equity interest in UcarEase BVI (on a fully diluted basis), UcarEase BVI in turn owns one hundred percent (100%) equity interest in GloryFin HK (on a fully diluted basis) and GloryFin HK in turn owns hundred percent (100%) equity interest in Kaifeng Financing Lease (on a fully diluted basis), in each case free and clear of any Encumbrance.
Unless otherwise approved by the Investors, the business of GloryFin HK shall be restricted to the holding, management and disposition of the equity interest in Kaifeng Financing Lease.
GloryFin HK owns one hundred percent (100%) of the registered capital of Kaifeng Financing Lease(on a fully diluted basis), which is free and clear of any Encumbrance.
Immediately prior to the Closing, the authorized share capital of GloryFin is HK$10,000, consisting of 10,000 ordinary shares, par value HK$1.00, of which 10,000 is issued and outstanding and UcarEase BVI owns one hundred percent (100%) of the issued and outstanding share capital of the GloryFin HK (on a fully diluted basis) which is free and clear of any Encumbrance.
UcarEase BVI was formed solely to acquire and hold an equity interest in GloryFin HK.
The corporate particulars of GloryFin HK as set forth in Part II of EXHIBIT C are complete, true and accurate.
Unless otherwise approved by the Investors, the business of UcarEase BVI shall be restricted to the holding, management and disposition of the equity interest in GloryFin HK.
There are no subscriptions, options, warrants, conversion privileges, pre-emptive or other rights or Contracts with respect to the issuance or transfer of any shares of the GloryFin HK.
There are no shares of the GloryFin HK’s outstanding share capital, or shares issuable upon exercise or exchange of any outstanding options or other shares issuable by GloryFin HK, that are subject to any preemptive rights, rights of first refusal or other rights to purchase such shares (whether in favor of GloryFin HK or any other Person).