HK Shares definition
Examples of HK Shares in a sentence
The offer, sale and issuance of the HK Shares have been made in compliance with all applicable securities Laws of the Hong Kong.
The Business Assets, HK Shares and Singapore Shares to be sold to Buyer pursuant to this Agreement include all the assets and rights used by the Target Group to operate the Business Assets and the business of the Target Group as at the Completion Date, in the same manner as currently conducted by the relevant member(s) of the Target Group.
No Group Company owns, directly or indirectly, any share interests in, or hold any other debt or debt securities issued by, any Person other (i) the ownership of the HK Shares by BVI HoldCo, (ii) the ownership of the Company Interests by HK Intermediate HoldCo. and (iii) the ownership by the Company of the equity of the Company Subsidiaries.
BVI HoldCo is the record and beneficial owner of, and holds valid title to, the HK Shares, free and clear of any and all Encumbrances.
NewCo will on the Closing Date legally and beneficially own, all the NTPH Shares (save for the shares that will be legally owned and held in trust by the directors of NTPH), NTEU Shares, NewCo (AM) Shares and NewCo (HK) Shares, free and clear of any Liens and will be the sole owner of these shares.
In the case of any vacancy in the office of an HK Director, including without limitation as a result of the removal of such director with or without Cause, the holders of a majority of the HK Shares shall have the right to nominate another director to fill such vacancy, and the Shareholders shall be obligated to vote to elect such nominee.
Both the Shares and the HK Shares are duly authorized, validly issued and are fully paid and non-assessable.
Shareholders hereby releases C&K HK from all obligations, liabilities and causes of action arising before, on or after the date of this Agreement, out of or in relation to any entitlement which Shareholders may have with respect to the C&K HK Shares.
The Shareholders, as of the Closing Date, are the lawful, record and beneficial owners of the number of OOB HK Shares of Common Stock and Preferred Stock .set forth opposite each Seller’s name on Annex A attached hereto.
The HK Shares are not subject to or issued in violation of any purchase option, call option, right of first refusal, pre-emptive right, subscription right or any similar right under any provision of the applicable corporate laws of Hong Kong, the HK Company’s constitutional documents or any agreement or contract to which the HK Company is a party or otherwise bound.