Grupo TMM definition

Grupo TMM means Grupo TMM, S.A. de C.V., a limited liability company with variable capital (sociedad anonima de capital variable) organized under the laws of Mexico, and its successors.
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Grupo TMM means Grupo TMM, S.A., a Mexican corporation.
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Grupo TMM or "Company" It means Grupo TMM, S.A.B.
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Examples of Grupo TMM in a sentence

  • Mexico City, March 1, 2021 – Grupo TMM, S.A.B. (OTC: GTMAY and BMV: TMM A; “TMM” or the “Company”), a Mexican Maritime-management transportation and logistics Company, reported today its financial results for the fourth quarter and full year 2020.

  • As of the date of this Agreement, Grupo TMM owns directly, beneficially and of record, all right, title and interest in and to all but one (1) share of the Stock, free and clear of any Stock Lien, except as set forth on Schedule 3.01(c), and Inmobiliaria owns directly, beneficially and of record, all right, title and interest in and to one (1) share of the Stock, free and clear of any Stock Lien, except as set forth on Schedule 3.01(c).

  • Earnings per common unit and Adjusted Earnings per common unit, basic and diluted, are calculated on the basis of a weighted average number of 35,735,752 common units outstanding during the period and in the case of Adjusted Earnings per common unit after reflecting the impact of the non-cash items presented in Appendix B of this press release.

  • Serrano, Chairman of Grupo TMM, said, “Thanks to our proven experience, the determination of our General Management to reinvent the Company, and the work of our collaborators, Grupo TMM remains the best option for maritime transport, logistics, warehousing and distribution, offering clients quality integrated services.

  • Following the Closing Date, Sellers will assist, and will cause Grupo TMM to assist, the Company, TMMPT and the TMMPT Subsidiaries in maintaining their respective stevedoring accounts and customers, in maintaining their respective interests in and to the Intellectual Property and the transfer and use of the TMMPT NOL's.

  • Upon the execution of this Agreement by each Purchaser and each Seller, the Letter of Intent will terminate and will be of no further force or effect among the Company, Grupo TMM and FSC.

  • Headquartered in Mexico City, Grupo TMM is a Latin American maritime transportation company.

  • As additional consideration for Purchasers agreeing to purchase the Stock, Sellers will cause Grupo TMM to guaranty any and all obligations and agreements made or assumed by Sellers under this Agreement, any Ancillary Agreement to which a Seller is a party or any of the transactions contemplated by this Agreement or any Ancillary Agreement to which a Seller is a party by executing and delivering to Purchasers a guaranty in the form or substantially in the form of Exhibit F (the "Grupo TMM Guaranty").

  • Sellers shall have delivered to Purchasers copies of the Contribution Documents duly executed and delivered by Grupo TMM, DNE and any other Person required to execute such Contribution Documents, and written evidence of The Bank of New York's approval of the final form and substance of the Contribution Documents.

  • As of the date of this Agreement, Grupo TMM owns, beneficially and of record, all right, title and interest in and to fifty-one percent (51%) of the issued and outstanding capital stock of API Acapulco, free and clear of any Stock Lien and SSA Mexico owns, beneficially and of records, all right, title and interest in and to forty-nine percent (49%) of the issued and outstanding capital stock of API Acapulco, free and clear of any Stock Lien.

Related to Grupo TMM

  • Luxco is defined in the Preamble.

  • Topco has the meaning set out in the Preamble;

  • CEC means the California Energy Commission or its successor agency.

  • SONIAi-pLBD means, in respect of any London Banking Day falling in the relevant Interest Period, the SONIA Reference Rate for the London Banking Day falling "p" London Banking Days prior to the relevant London Banking Day "i".

  • LEI means a legal entity identifier;

  • verge means the portion of a thoroughfare which lies between the boundary of a carriageway and the adjacent property line but does not include a footpath.

  • Qualified Stockholder means: (a) the record holder of a share of Class B Common Stock as of the IPO Date; (b) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the IPO Date pursuant to the exercise or conversion of any Option or Convertible Security that, in each case, was outstanding as of the IPO Date; (c) each natural person who, prior to the IPO Date, Transferred shares of capital stock of the Corporation to a Permitted Entity that is or becomes a Qualified Stockholder; (d) each natural person who Transferred shares of, or equity awards for, Class B Common Stock (including any Option exercisable or Convertible Security exchangeable for or convertible into shares of Class B Common Stock) to a Permitted Entity that is or becomes a Qualified Stockholder; and (e) a Permitted Transferee.

  • VIE of any Person means any entity that controls, is controlled by, or is under common control with such Person and is deemed to be a variable interest entity consolidated with such Person for purposes of U.S. GAAP. As used herein, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such entity, whether through ownership of voting securities or other interests, by contract or otherwise.

  • HHI ’ means the Herfindahl-Hirschman Index, a commonly accepted measure of market concentration. It is calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers. For example, for a market consisting of four firms with shares of thirty, thirty, twenty, and twenty percent, the HHI is 2600 (302 + 302 + 202 + 202 = 2600).

  • 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;

  • OpCo has the meaning set forth in the Preamble.

  • SoftBank means Softbank Group Corp.

  • Sub-Distributor means any sub-distributor appointed by the Distributor in accordance with the requirements of the Central Bank Notices as a sub-distributor of the Company.

  • BRRD II means Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • UPC means the Uniform Plumbing Code.

  • Acquireco means 2620756 Ontario Inc., a wholly-owned subsidiary of the Corporation incorporated under the OBCA for the purpose of carrying out the Amalgamation.