Group Restructuring definition
Examples of Group Restructuring in a sentence
Following completion of the Target Group Restructuring, the Target Group will become the Company’s sub-group which will focus on the business of automotive logistics management (including automotive logistics planning consultation and transportation and warehousing services) in the PRC.
After completion of the Target Group Restructuring and other Closing Conditions being fulfilled (or, where applicable, waived), Targetco will issue to (and the Subscribers will subscribe for) New Targetco Shares.
Parent shall not take any action in connection with a Flextech Transaction or the Flextech Group Restructuring that would reasonably be expected to adversely affect in any material respect the Flextech Group or the Company’s interest therein if the Merger is not consummated.
The Target Group will undergo certain restructuring in preparation for the Subscriptions, and the completion and implementation of the Target Group Restructuring is one of the conditions precedent to the completion of the Subscription Agreement.
The Company shall not take any action in connection with a Flextech Transaction or the Flextech Group Restructuring that would reasonably be expected to adversely affect in any material respect the Flextech Group or Parent’s interest therein if the Merger is not consummated.
In this announcement, unless the context otherwise requires, the following terms shall have the meanings set out below: “A Share(s)” A share(s) of RMB1.00 each in the capital of the Company which is/are listed and traded on the Shanghai Stock Exchange “Acquisition” acquisition of part of the equity interest in New Founder Group by Ping An Life “Administrators” the liquidation team for the Founder Group Restructuring designated as the administrators.
Any payment expressly contemplated under or pursuant to, or that is required to be made in order to comply with or implement, any of the Share Purchase Documents or under the Seller Group Restructuring Plan and / or the Intra Group Loans and Intra Group Accounts Restructuring Plan.
The successful execution of the Founder Group Restructuring is subject to uncertainty As many interested entities are involved in the Founder Group Restructuring, the relevant transaction plans are complicated.
The liquidation team for the Founder Group Restructuring is designated as the Administrators.
The Founder Group Restructuring adopts the approach of “sales reorganization”.