Examples of Target Company Employees in a sentence
The costs of employment of the existing employees of the Project Company are therefore not expected to be material to The Link.For the reasons stated above, the Manager does not expect the proposed arrangements for the Target Company Employees, the Core Function Employees and the existing employees of the Project Company to result in any significant liability or loss to The Link.
After Completion, the Target Company intends to engage not more than 5 Target Company Employees to provide certain services such as marketing, promotion, human resources, accounting and treasury services in respect of its investment in the Project Company.
The Manager considers that no additional costs or liabilities will be incurred by the Hui Xian REIT Group as a result of the proposed employment of the Chongqing Target Company Employees and such employment will not be materially prejudicial, whether financially or otherwise, to the Hui Xian REIT Group.
The Manager expects that the total employment costs, remuneration and expenses of the Chongqing Target Company Employees per annum will not exceed 1% of the net asset value of Hui Xian REIT, which the Manager considers minimal so far as Hui Xian REIT is concerned.
The Manager expects that the total employment costs, remuneration and expenses of the Chengdu Target Company Employees per annum will not exceed 1% of the net asset value of Hui Xian REIT, which the Manager considers minimal so far as Hui Xian REIT is concerned.
Further, the Manager will indemnify the Chengdu Target Company for all other costs, remuneration, expenses and liabilities that Chengdu Target Company may incur as a result of the employment of the Chengdu Target Company Employees.
The Chengdu Target Company will be reimbursed by the Manager for all employment costs, remuneration and expenses associated with the employment of the Chengdu Target Company Employees.
Further, the Manager will indemnify the Chongqing Target Company for all other costs, remuneration, expenses and liabilities that the Chongqing Target Company may incur as a result of the employment of the Chongqing Target Company Employees.
The Manager considers that the proposed employment of the Chengdu Target Company Employees will not result in any material adverse financial liability to the Hui Xian REIT Group.
The Manager considers that no additional costs or liabilities will be incurred by the Hui Xian REIT Group as a result of the proposed employment of the Chengdu Target Company Employees and such proposed employment will not be materially prejudicial, whether financially or otherwise, to the Hui Xian REIT Group.