Profit Guarantee definition

Profit Guarantee the guarantee given by the Vendor to the Company that the
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Profit Guarantee means the guarantee made by the Transferors and Xx. Xxxx to Transferee that the Company will deliver a profit after tax (audited) according to Clause 5.2.2 hereof.
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Profit Guarantee the amount of profit guaranteed by the Sellers to the Purchaser, being RMB7.17 million, pursuant to the Equity Transfer Agreement
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Examples of Profit Guarantee in a sentence

  • Variance of Actual Profit from Profit Forecast or Profit Guarantee Not applicable as there was no profit forecast or profit guarantee issued.

  • While the Board has taken reasonable steps to assess the achievability of the Profit Guarantee, there can be no assurance that the Profit Guarantee will be met.

  • The balance of the shortfall in the Profit Guarantee after deducting the proceeds received from the disposal of the Security Shares is approximately RM18.83 million (“Shortfall”).

  • Profit Forecast or Profit Guarantee Not applicable as there was no profit forecast or profit guarantee issued by the Group.

  • Profit Forecast or Profit Guarantee There was no profit forecast or profit guarantee issued in a public document for the current financial period.

  • Profit Guarantee The Company did not give any profit guarantee during the year.

  • Profit Guarantee During the financial year, there were no profit guarantees given by the Company.

  • Variance of Actual Profit from Profit Forecast and Profit Guarantee The Group has not issued any profit forecast or profit guarantee in any form of public documentation and announcement.

  • Variance of Actual Profit from Forecast Profit or Profit Guarantee Not applicable as no profit forecast or profit guarantee was issued.

  • There is no variation to the rights of the Company relating to the Profit Guarantee in respect of the Target Companies.


More Definitions of Profit Guarantee

Profit Guarantee means the several guarantees given by Vendors
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Profit Guarantee has the meaning given to it in Clause 9.2;
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Profit Guarantee. Refers to the profit guarantee made by the seller to the buyer according to Article 6 of this agreement on the audited consolidated after-tax net profit of the target group;
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Profit Guarantee the guarantee given by the Vendor to the Company that subject to the terms of the Agreement, the Net Profit for the financial years ending 31 December 2016 and 31 December 2017 shall be not less than RMB15 million and RMB18 million respectively “Property Services Framework Agreement” the framework agreement dated 7 November 2016 entered into between the Target Company and the Vendor in relation to the Continuing Connected Transaction “Purchaser” Starry Chance Limited (寶星有限公司), a limited liability company established in Hong Kong and an indirect wholly owned subsidiary of the Company “RMB” Renminbi, the lawful currency of the PRC “Sale Shares” 100% equity interest of the Target Company
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Related to Profit Guarantee

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Ceding Commission means [REDACTED]. ]

  • Board of Education means a board defined in s.s. 1(1) of the Education Act;

  • Relevant Governmental Body means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.

  • Reinsurance Agreement means any agreement, contract, treaty, certificate or other arrangement whereby any Regulated Insurance Company agrees to transfer, cede or retrocede to another insurer or reinsurer all or part of the liability assumed or assets held by such Regulated Insurance Company under a policy or policies of insurance issued by such Regulated Insurance Company or under a reinsurance agreement assumed by such Regulated Insurance Company.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

  • Nonprofit entity means any entity organized and operated exclusively for charitable purposes, or operated by the Federal Government, the State, or any political subdivision of the State.

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • State Board of Education means and refers to the Board that exercises general control and supervision over the public schools of the State of Alabama as constituted and authorized by ALA. CODE § 16-3-1, et seq. (1975).

  • Local governmental entity means a county, municipality, school district, junior college district, or other political subdivision of this state or a local government corporation, board, commission, district, or authority to which a member is appointed by the commissioners court of a county, the mayor of a municipality, or the governing body of a municipality. The term does not include an association, corporation, or organization of governmental entities organized to provide to its members education, assistance, products, or services or to represent its members before the legislative, administrative, or judicial branches of the state or federal government.

  • Local government entity means a county, incorporated city, independent school district, public junior college district, emergency services district, other special district, joint board, or other entity defined as a political subdivision under Texas law that maintains the capability to provide mutual aid.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Joint Commission means the accrediting body whose standards are referred to in these Bylaws.

  • EMA means the European Medicines Agency or any successor agency thereto.

  • Federal Energy Regulatory Commission or "FERC" means the

  • Local Mental Health Authority means a county legislative body.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Insurance Subsidiary means any Subsidiary that is licensed by any Applicable Insurance Regulatory Authority to conduct, and conducts, an Insurance Business.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Diocesan Board of Education means that body constituted under the Diocesan Boards of Education Measure 1991 for the Diocese and any successor body;

  • Applicable Insurance Regulatory Authority means, when used with respect to any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in (x) the state or other jurisdiction in which such Insurance Subsidiary is domiciled or (y) to the extent asserting regulatory jurisdiction over such Insurance Subsidiary, the insurance department, authority or agency in each state or other jurisdiction in which such Insurance Subsidiary is licensed, and shall include any Federal insurance regulatory department, authority or agency that may be created in the future and that asserts regulatory jurisdiction over such Insurance Subsidiary.

  • Ceding Company has the meaning set forth in the preamble.