Examples of SPA Completion in a sentence
The Sale Shares represent 40% of the entire issued share capital of the Target Company as at the date of the SPA and at SPA Completion.
Prior to the SPA Completion, it was principally engaged in the investment holding of the Target Company.
JV Shares The new JV Shares shall, when issued, be free and clear from all encumbrance and shall, upon the SPA Completion, be credited as fully paid and rank pari passu in all respects with the other JV Shares in issue including the rights attaching to them.
Upon the SPA Completion and the Subscription Completion, the JV will be held as to approximately 70.23% by E-House (directly and indirectly through Fangyou) and approximately 29.77% by Alibaba Investment (on the assumption that there are no changes to the issued share capital of the JV save for the Share Split) and, accordingly, the JV will become a non-wholly owned subsidiary, and its financial results will be consolidated into the accounts, of E-House.
Subject to approval from BNM to execute the SPA, Completion of the Proposed Transaction will be conditional upon the satisfaction of certain other regulatory approvals and consents, including approvals from BNM, the Minister of Finance of Malaysia and the Securities Commission of Malaysia and a statement of no objection from the Dutch Central Bank.
Immediately after SPA Completion, Mengniu and its Concert Parties are expected to beneficially own in aggregate 2,313,368,750 CMD Shares, representing approximately 39.9% of the total issued share capital of CMD.
At the JMF SPA Completion, the Company shall novate all of its rights, interests, obligations and liabilities under the JMF Intercompany Balances to the Purchaser, and the Purchaser shall assume all of such rights, interests, obligations and liabilities from the Company under the JMF Intercompany Balances on and subject to the terms of the JMF SPA and the deeds of novation to be entered into on the JMF SPA Completion in respect of the JMF Intercompany Balances.
MARUBENI BUY-BACK RIGHT AGREEMENT In connection with the Marubeni SPA, Marubeni, the Purchaser and the Company shall enter into a Marubeni Buy-back Right Agreement which delivery and execution shall be made at SPA Completion by the parties thereto.
Pursuant to the terms of the SPA, Completion shall take place on a date falling five (5) Business Days after the date on which the last of the outstanding conditions precedent set out in Section 2.6 below have been fulfilled or waived by the Company and/or the Vendors(as the case may be), or such other date as the Vendors and the Company may mutually agree in writing (“Completion Date”).
If a competent court finds that any provision of the Kiwa Regulation for Certification is inapplicable or violates public order or the law, only that provision will be disregarded and this Regulation will remain in full force in all other respects.