Similar situation definition

Similar situation means an arrangement, amalgamation, merger or compromise as specified in the Act.”.
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Examples of Similar situation in a sentence

  • Similar situation was with the battery capacity which was zero kilowatt-hours (0 kWh) in all of the best optimisation cases.

  • Similar situation is expected to be replicated on Wuhan Zhisheng where the Group will complete its buyout of Wuhan Zhisheng and increase its shareholding in Wuhan Zhisheng from 30% to 90% before disposing of the company pursuant to the Disposal Agreement.

  • Similar situation is with milk, fruit, vegetables and baby food (there are significant differences among countries.

  • Similar situation occurs when we try to value a debt as of a given valuation date which typically falls between two coupon dates making the period between the valuation date and the subsequent coupon payment date to be less than the contractual coupon period.