Examples of JV Contracts in a sentence
Given the decision to unwind the Existing Mengniu-Danone Relationships, Mengniu had exercised its rights to terminate the Chilled Business HoldCo JV Contract and Individual Chilled Business JV Contracts and to acquire the Chilled Business Sale Shares, in each case, in accordance with the terms of such contracts.
The Danone Mengniu Disposal triggered Mengniu’s right to terminate the Chilled Business HoldCo JV Contract and the Individual Chilled Business JV Contracts and to acquire the Chilled Business Sale Shares.
Mengniu has exercised such rights under the Chilled Business HoldCo JV Contract and the Individual Chilled Business JV Contracts.
Pursuant to the Chilled Business HoldCo JV Contract and the Individual Chilled Business JV Contracts, if the equity interests held by the Danone Group in Mengniu directly or indirectly fall below 4% of Mengniu’s total issued share capital, Mengniu shall have a right to terminate the Chilled Business HoldCo JV Contract and the Individual Chilled Business JV Contracts and acquire the Chilled Business Sale Shares, as announced in Mengniu’s announcement dated August 11, 2013.