Three Funds means, collectively, the Company’s reserve fund, bonus and welfare fund and enterprise expansion fund.
Three Funds mean the Reserve Fund, Employee Welfare and Bonus Fund and Enterprise Expansion Fund of the JV Company.
Three Funds means the Reserve Fund, the enterprise development fund and the employee bonus and welfare fund required to be established by all Sino-foreign joint ventures pursuant to the Joint Venture Law.
Examples of Three Funds in a sentence
The amount to be allocated to the Three Funds shall be decided by the Board of Directors on a yearly basis in accordance with the financial performance of the Company, in light of the relevant laws and regulations of the PRC.
After fully making up accumulated losses of previous years, if any, and payment of taxes in accordance with the relevant laws and regulations of the PRC, the Company shall allocate a percentage of its annual after-tax profit for contribution towards the Three Funds.
More Definitions of Three Funds
Three Funds has the meaning ascribed thereto in Section 13.1.
Three Funds. Means the Reserve Fund, the Enterprise Expansion Fund and the Staff and Workers Incentive and Welfare Fund of the Joint Venture as specifiedin Section 21.1;
Three Funds means the Joint Venture Company's reserve fund, expansion fund and employee bonus and welfare fund as stipulated in the Joint Venture Regulations.
Three Funds means the reserve fund, enterprise development fund and employee bonus and welfare fund. [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.
Three Funds. Section 9.3(c)(ix)
Three Funds means collectively the Reserve Fund, the Venture Expansion Fund, and the Staff and Workers Bonus and Welfare Fund to be established by the Company in accordance with relevant PRC laws and regulations. "U.S." shall mean the United States of America.
Three Funds means the JV Company’s reserve fund, expansion fund and employee bonus and welfare fund constituted in accordance with and subject to the applicable regulations governing equity joint ventures in the PRC.