Examples of Mexican Companies in a sentence
Mexican Companies must comply with the restrictions regarding foreign possession of their equity.
It is not in dispute that, if the Claimants’ contentions as regards their shareholding in the Mexican Companies are found to be correct, the aggregate shareholding held by the Additional Claimants in each of the Juegos Companies and E-Games was at all times smaller than the aggregate shareholding held by the Original Claimants, yet by no means insignificant.
According to articles One Hundred and Twenty-Eight and One Hundred and Twenty-Nine of the Mexican Companies Law, either directly or pursuant to Article 57 paragraph IV section b) of the Securities Market Law, the Company shall keep and maintain a Stock Registry, which may be kept by the Secretary of the Board of Directors of the Company, a securities deposit institution, a credit institution, or the person appointed by the Board of Directors to act as Registrar, on behalf of the Company.
The Respondent submits that the Claimants do not own the Mexican Companies because ownership requires “full ownership or virtually full ownership of the company”.259 The Claimants submit that they do because majority ownership (50% + 1) of the company’s shares is sufficient to “own” the company.260199.
The holding of stock by foreigners in Mexican Companies that participate in certain sectors, including telephone companies, is regulated by the Foreign Investment Law (Ley de Inversión Extranjera) published in the year of 1993, and by the Rules that Apply to the Foreign Investment Law and the National Registrar of Foreign Investment (Reglamento de la Ley de Inversión Extranjera y del Registro Nacional de Inversiones Extranjeras) published in the year of 1998.
Schedule 2.13 sets forth a true, complete and correct list, as of the date of this Agreement, of all pending or, to the Knowledge of MagneTek, threatened actions, suits, claims or legal, administrative or arbitration proceedings or investigations with respect to which either of the Mexican Companies have been contacted in writing by the claimant or by counsel for the claimant by or against the Mexican Companies.
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On the Closing Date, MagneTek shall cause to be delivered to Buyer duly signed resignations, effective immediately after the Closing Date, of the sole administrator or all members of the boards of directors of the Mexican Companies and the secretaries and assistant secretaries of the Mexican Companies and shall take such other action as is necessary to accomplish the foregoing.
Each Mexican Company complied with all applicable Laws in connection with the Restructuring, including without limitation any Law applicable to the transfer of employees, Contracts, or any other assets from the Prior Companies of the Mexican Companies.
The Settlors hereby deliver to the Trustee a copy, certified by an attorney-in-fact, of any Intercompany Credit Agreement and Mexican Companies Credit Agreements, that in effect as of July 31, 2012, along with a list of all Lender Rights list as of that date, and the Counterparties, hereby expressly acknowledge, accept and agree to the transfer of the ownership of the Lender Rights in accordance with the terms of this Agreement.