Examples of Second Vendor in a sentence
The First Vendor and the Second Vendor (collectively Promoter No.1) are the absolute and lawful owners of the property shown in RED border on Plan – “A” annexed hereto and more fully described in Part I and Part II respectively of the FIRST SCHEDULE hereto (the “SAID LAND”) as per the devolution of title of the Said Land more fully described in the SECOND SCHEDULE hereto.
Pursuant to the Sale and Purchase Agreement II, the Group will acquire from the Second Vendor its 1% equity interest in the Project Company.
Executed and Delivered by the First Vendor herein at Kolkata in the presence of: Executed and Delivered by the Second Vendor herein at Kolkata in the presence of: Executed and Delivered by the Promoter No. 2 herein at Kolkata in the presence of: Executed and Delivered by the Purchaser herein at Kolkata in the presence of: MEMO OF CONSIDERATION Received from the within named Purchaser the below mentioned sum in the manner as mentioned below.
As at the date of this announcement, the entire equity interest in the Project Company was held directly as to 99% by the Hong Kong Company and 1% by the Second Vendor.
The Second Vendor is a company established in the PRC with limited liability.
The Second Vendor is a company incorporated in the British Virgin Islands with limited liability.
Except as mutually agreed to in writing as an exception under this Agreement, Customer will not, nor allow any third party to modify, lease, lend, use for timesharing or service bureau purposes or otherwise use or allow others to use Software for the benefit of any third party.
The Second Vessel has been owned by the Second Vendor since November 2007 and its net book value as at 31 December 2007 was approximately US$59,574,000.
The Target Company is a limited liability company established in the PRC in 2002 and is owned as to 65.3846% by the First Vendor and as to 34.6154% by the Second Vendor.
The total consideration under the Sale and Purchase Agreement II is RMB2,413,800 and was determined by reference to the capital injected by the Second Vendor.