Examples of King Group in a sentence
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Mr. Cheung is one of the founders of Beauty King Group (formerly known as MobiZone Hong Kong) in 2007 and since then has been acting as the Director of MobiZone Hong Kong.
Gains or losses arising from derecognition of an intangible asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset and are recognised in the statement of profit or loss when the asset is derecognised.Brand and trademarks The Group acquired the Storage King brand and trademarks as part of the acquisition of the Storage King Group in November 2020.
Each member of the King Group holds all material Governmental Authorisations required to lawfully operate its business as currently conducted.
Road King estimates that, in connection with the Transfer, it will not recognise any material gain or loss in its consolidated income statement but will recognise a surplus in its consolidated reserves that is not material in the context of the consolidated net assets of the Road King Group.
No member of the King Group has any duty or obligation (whether present, contingent or otherwise) to deliver, license or disclose the source code for any material King Product Software to any escrow agent or other Person.
King has made available to AB: (i) accurate and complete copies of all Tax Returns of King and each member of the King Group relating to Taxable periods ended on or after December 31, 2012 that are listed in Section 6.1.11 of Part A of the King Disclosure Letter; and (ii) any audit report issued by a Governmental Body within the last three years relating to any Taxes due from or with respect to King and each member of the King Group.
The King Group was effectively managed and owned by the eponymous King brothers, Adrian, Paul and Stephen.
Licencing and management agreements The Group acquired Storage King’s licencing and management agreements as part of the acquisition of the Storage King Group in November 2020.
For a period of two years following the Effective Date, AB shall provide, or shall cause to be provided, on an aggregate (and not individual) basis across the King Group, pensions, retirement and benefits (excluding severance benefits) that are substantially comparable in the aggregate to those provided to the King Employees immediately prior to the Effective Time, subject to an aggregate increase in annual cost not to exceed 10% to such King Employees’ employers.