Offshore Group Member definition

Offshore Group Member means a Group Member which is not an Onshore Group Member.
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Offshore Group Member means any member of the Group that is established or incorporated outside the PRC.
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Offshore Group Member means each Group Member which is not an Onshore Group Member.
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Examples of Offshore Group Member in a sentence

  • The Borrower shall ensure that within 10 Business Days of the Closing Date all bank accounts of each Offshore Group Member shall be opened and maintained with a Finance Party (or an Affiliate of a Finance Party).

  • The board of directors of each Offshore Group Member (as such term is defined in the Series D Purchase Agreement) (other than the Company) shall have the same number of directors as that of the Company.

  • The Borrower shall ensure that any Report Proceeds received or recovered by or paid to the order of any Report Addressee (that is not an Offshore Group Member) shall be contributed to the Borrower through Qualifying New Shareholder Injections (Borrower) (promptly and in any case prior to the time when any such Report Proceeds are required to be applied towards any prepayment or any payment into any Mandatory Prepayment Account) for application in accordance with this Clause 8.

  • The Borrower Disposes, directly or indirectly, of any Equity Interests in (i) any Offshore Group Member; or (ii) any Onshore Material Group Member other than in connection with a Permitted Disposal.

  • Each Obligor shall ensure that all Royalty Payments made by any Onshore Group Member to any Offshore Group Member shall be paid into one or more of the Charged Accounts.

  • The Borrower shall ensure that each Offshore Group Member becomes a party to this Agreement as an Intra-Group Lender pursuant to Section 15.8 within forty-five (45) days (or such longer time as specified in any Credit Document) of the date on which such Person becomes an Offshore Group Member.

  • Each Offshore Group Member acts as a holding company and does not carry on any operating business or other trade, and only engages in activities normal and incidental to its status as a holding company.

  • To the extent that any member of the Target Group (that is an Offshore Group Member) has, as at the Closing Date, any liabilities (other than those set out in paragraphs (c)(i) to (viii) of Clause 20.29 ( Holding and Dormant Companies)), each Obligor shall, promptly upon becoming aware of the same, ensure that such liabilities are adequately reserved against in accordance with the Accounting Principles.

  • A mechanism will be included in the Facility Agreement (i) to enable any Offshore Group Member to accede as a Guarantor and (ii) after the Closing Date, to require any Offshore Group Member which becomes a Material Subsidiary to accede as a Guarantor within 30 days of it becoming a Material Subsidiary.

  • With effect from the date of the Facility AgreementParent and Holdco.After the Closing Date and on or before a deadline to be agreed MR Holdings, MR Investments and Mindray DS USA.After the Closing Date and within 21 days of the relevant Offshore Group Member becoming a Material SubsidiarySubject to the Security Principles, all Offshore Group Members who become Material Subsidiaries.


More Definitions of Offshore Group Member

Offshore Group Member means a Group Member which is incorporated or established outside of the PRC.
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Related to Offshore Group Member

  • Group Member means a member of the Partnership Group.

  • Company Group Member means Company or any Company Affiliate;

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Partnership Group Member means any member of the Partnership Group.

  • Exposed group means all employees at a work location, working area, or a common area at work, where an employee COVID-19 case was present at any time during the high-risk exposure period. A common area at work includes bathrooms, walkways, hallways, aisles, break or eating areas, and waiting areas. The following exceptions apply:

  • Group Members the collective reference to the Borrower and its Subsidiaries.

  • Buyer Group Member means (a) Buyer and its Affiliates, (b) directors, officers and employees of Buyer and its Affiliates and (c) the successors and assigns of the foregoing.

  • Borrower Party Affiliate With respect to a borrower, a mortgagor, a manager of a Mortgaged Property or a restricted mezzanine holder, (a) any other person controlling or controlled by or under common control with such borrower, mortgagor, manager or restricted mezzanine holder, as applicable, (b) any other person owning, directly or indirectly, 25% or more of the beneficial interests in such borrower, mortgagor or manager, as applicable, or (c) any other person owning, directly or indirectly 25% or more of the beneficial interests in such restricted mezzanine holder. For the purposes of this definition, “control” when used with respect to any specified person means the power to direct the management and policies of such person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with any Loan Party is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Restricted Group Collectively, the following persons and entities: the Trustee; the Underwriters; the Depositor; the Master Servicer; the Special Servicer; any Sub-Servicers; the Sponsors; each Mortgagor, if any, with respect to Mortgage Loans constituting more than 5% of the total unamortized principal balance of all the Mortgage Loans in the Trust Fund as of the Closing Date; and any and all Affiliates of any of the aforementioned Persons.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Excluded Entities has the meaning set forth in Section 2.2(b)(iv).

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions and transactions related or incidental thereto.

  • Group Member Agreement means the partnership agreement of any Group Member, other than the Partnership, that is a limited or general partnership, the limited liability company agreement of any Group Member that is a limited liability company, the certificate of incorporation and bylaws or similar organizational documents of any Group Member that is a corporation, the joint venture agreement or similar governing document of any Group Member that is a joint venture and the governing or organizational or similar documents of any other Group Member that is a Person other than a limited or general partnership, limited liability company, corporation or joint venture, as such may be amended, supplemented or restated from time to time.

  • Domestic Foreign Holding Company means any Domestic Subsidiary of the Borrower that owns no material assets (held directly or indirectly through one or more disregarded entities) other than capital stock (or capital stock and/or debt) of one or more Foreign Subsidiaries that are CFCs and/or Domestic Foreign Holding Companies.

  • Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Excluded Entity means a corporation or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation’s or other entity’s voting securities outstanding immediately after such transaction.

  • Disadvantaged Business Enterprise (DBE) means a firm certified as such by the Department in accordance with 49 CFR Part 26.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.