Hong Kong Scheme definition

Hong Kong Scheme means a scheme of arrangement in respect of the Company under sections 673 and 674 of the Companies Ordinance (Cap 622) of the laws of Hong Kong.

Hong Kong Scheme means the scheme of arrangement between the Company and the Scheme Creditors pursuant to sections 673 and 674 of the Hong Kong Companies Ordinance in its present form or with or subject to any non-material modifications, additions or conditions that the Hong Kong Court may approve or impose.

Hong Kong Scheme means the scheme of arrangement proposed by the Company to be effected pursuant to sections 673 and 674 of the Companies Ordinance (Cap 622) of the laws of Hong Kong, for the purpose of implementing the Restructuring as contemplated under the this Agreement, the Term Sheet and the Steps Plan.

Examples of Hong Kong Scheme in a sentence

• The assets of the Hong Kong Scheme are held separately from those of the Group in an independently administered fund.

• The Group’s employer contributions vest fully with the employees when contributed into the Hong Kong Scheme.

• The Group operates a defined contribution Mandatory Provident Fund retirement benefits scheme (the “Hong Kong Scheme”) under the Hong Kong Mandatory Provident Fund Schemes Ordinance, for all of its employees who are eligible to participate in the Hong Kong Scheme.

• The Group operates a defined contribution mandatory provident fund retirement benefits scheme (the “Hong Kong Scheme”) under the Mandatory Provident Fund Scheme Ordinance, for those employees who are eligible to participate in the Hong Kong Scheme.

• Contributions are made based on a percentage of the employees’ basic salaries and are charged to the income statement as they become payable in accordance with the rules of the Hong Kong Scheme.

More Definitions of Hong Kong Scheme

Hong Kong Scheme means the scheme of arrangement under section 673 and 674 of the Companies Ordinance in its present form or with or subject to any modifications, additions or conditions that the High Court may approve or impose;

Hong Kong Scheme means the Reuters Hong Kong Retirement Scheme;

Hong Kong Scheme means the scheme of arrangement between the Company and the Scheme Creditors pursuant to sections 673 and 674 of the Companies Ordinance as applicable in Hong Kong, as sanctioned on [●].

Hong Kong Scheme means the scheme of arrangement to be made between the Company

Hong Kong Scheme means a scheme of arrangement between the Company and the Noteholders pursuant to sections 673 and 674 of the Companies Ordinance (Cap. 622) (as amended) as applicable in Hong Kong reflecting the terms of the Debt Restructuring as set out in the Term Sheet.

Hong Kong Scheme means collectively the schemes of arrangement under Sections 673 and 674 of the Companies Ordinance (Cap 622) of Hong Kong between the Company (in provisional liquidation), the Subsidiary Guarantor, LDK Silicon Holding and the Scheme Creditors, as sanctioned by the High Court of Hong Kong on [—], 2014. Incur means, with respect to any Indebtedness, to incur, create, issue, assume, guarantee or otherwise become liable for or with respect to, or become responsible for, the payment of, contingently or otherwise, such Indebtedness; provided that the accretion of original issue discount shall not be considered an Incurrence of Indebtedness. The terms “Incurrence,” “Incurred” and “Incurring” have meanings correlative with the foregoing.

Hong Kong Scheme means the scheme of arrangement between the Company and the