Subsidiary B definition

Subsidiary B means a subsidiary of WSG;
Subsidiary B. Xxx Xxxxx Properties Limited (盛浩置業有限公司), a limited liability company incorporated in Hong Kong, and a direct wholly-owned subsidiary of Subsidiary A “US” United States of America “US$” United States dollar, the lawful currency of the US “US Property” 0000 Xxxxxxxx Xx, Xxx Xxxxxx, XX 00000, XX “US Property Agreement” the residential purchase agreement and joint escrow instructions to be entered into between the US Purchaser and the US Vendor in relation to the Proposed Acquisition “US Purchaser” Rykadan Carlyle South LLC, a limited liability company incorporated in Delaware, US and an indirect wholly-owned subsidiary of the Company “US Vendor” Century Winner Inc, a limited liability company incorporated in California, US and owned as to 50% by each of Xx. Xxxx and Xxx. Xxxx) “US Vendor’s Guaranteed Obligations” all of the US Vendor’s obligations (including all payment obligations), commitments, undertakings, warranties and indemnities under or pursuant to the Master Agreement and the US Property Agreement “%” per cent. By order of the Board Rykadan Capital Limited Xxxx Xxxxxxx Chairman and Chief Executive Officer Hong Kong, 17 June 2022 As at the date of this announcement, the Board comprises Mr. Xxxx Xxxxxxx (Chairman and Chief Executive Officer), Xx. Xxx Xxxx Xxxx (Chief Operating Officer) and Mr. Lo Hoi Wah, Heywood (Chief Financial Officer) as executive Directors, Xx. Xx Xxx Xxxx as a non-executive Director and Mr. To Xxxx Xxx, Xxxx, Xx. Xxxx Hoi Ki and Mr. Xx Xxxx Xxx, Xxxxxx as independent non-executive Directors.
Subsidiary B means TEAL Exploration & Mining (B) Incorporated, a corporation incorporated under the law of Barbados and a direct wholly-owned subsidiary of the Company;

Examples of Subsidiary B in a sentence

  • In respect of the site selection service to be provided by the Supplier under the Cooperation Framework Agreements for each base station selected, with the assistance of the Supplier, Subsidiary A or Subsidiary B (as the case may be) (as lessee) would each enter into the Lease Agreement(s) with the respective Lessor(s).

  • The Disposal Group comprises the HK PropCo, Subsidiary A and Subsidiary B.

  • Subsidiary B is incorporated in Hong Kong with limited liability, the sole business of which is the holding of the HK Property for investment purpose.

  • The Group contracted to acquire the entire issued share capital and shareholder’s loan of Subsidiary A, the sole investment of which is Subsidiary B which in turn holds the HK Property, in July 2021 and completed such acquisition in January 2022 with the view to investing in the luxury property market in Hong Kong.

  • The HK PropCo became part of the Group on 11 June 2021, whilst Subsidiary A and Subsidiary B only became part of the Group on 27 January 2022.

  • As at the date of this announcement, both Subsidiary A and Subsidiary B are indirectly owned as to 51% by the Company.

  • Each of Subsidiary A and Subsidiary B will from time to time, and as required, enter into the Individual Agreements with the Supplier setting out the terms and conditions for the transactions to be conducted between each of Subsidiary A and Subsidiary B and the Supplier pursuant to the Cooperation Framework Agreements.

  • The sole business of Subsidiary A is the holding of the entire issued share capital of Subsidiary B.

  • Subsidiary A or Subsidiary B (as the case may be) would enter into an operating lease agreement with a third party telecommunications operator from time to time in relation to the lease of base station equipment for each base station.

  • Subsidiary A and Subsidiary B Each of Subsidiary A and Subsidiary B is a company established in the PRC with limited liability and principally engaged in leasing of communication equipment.

Related to Subsidiary B

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province thereof.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary that is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

  • Subsidiary or Subsidiaries means any corporation of which the Company owns securities having a majority of the ordinary voting power in electing the board of directors directly or through one or more subsidiaries.

  • Inactive Subsidiary means any Subsidiary of the Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $10,000 and (c) does not have any Indebtedness outstanding.

  • Foreign Subsidiary Holdco means any Guarantor Subsidiary designated as a Foreign Subsidiary Holdco by the Company, so long as such Subsidiary has no material assets other than securities, indebtedness or receivables of one or more Foreign Subsidiaries (or Guarantor Subsidiaries thereof), intellectual property relating solely to such Foreign Subsidiaries (or Guarantor Subsidiaries thereof) and/or other assets (including cash and cash equivalents) relating to an ownership interest in any such securities, indebtedness, intellectual property or Guarantor Subsidiaries.

  • Non-U.S. Subsidiary means any Subsidiary that is organized under the laws of a jurisdiction other than the United States of America or any State thereof or the District of Columbia.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement;