Transferee Companies definition

Transferee Companies means the Transferee Company 2 and the Transferee Company 3 collectively.
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Transferee Companies means and include all the four transferee companies namely, Transferee Company No. 1, Transferee Company No. 2, Transferee Company No. 3 and Transferee Company No. 4; either collectively or any of them, as the context may require.
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Transferee Companies means HCLSI, HCLCare and HCLLearning collectively.
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Examples of Transferee Companies in a sentence

  • Provided however that all stamp duty, registration charges and other transfer charges in relation to the Scheme and the matters contemplated herein shall be borne and paid by the Transferee Companies.

  • The Board of the Transferee Companies and Network18 shall mutually determine the terms and conditions of the securities to be issued.

  • The Business Transfer Consideration shall be discharged by the Transferee Companies to the Transferor Company by issue of securities to the Transferor Company.

  • The Transferor Company shall transfer the Transferred Business Undertakings to the respective Transferee Companies for a lump sum consideration equal to the net worth of the respective Transferred Business Undertakings, as computed under Section 50B of the IT Act (“Business Transfer Consideration”).

  • Effective Date would be the date on which the certified copies of the order of the NCLT sanctioning this Scheme is filed by the respective Transferor and the Transferee Companies with the Registrar of Companies.

  • For the purpose of payment of any compensation, gratuity and other terminal benefits to such employees, the past services of such employees and such benefits to which the employees are entitled shall also be taken into account, and paid (as and when payable), by the Transferee Companies.

  • It is clarified that till entry is made in the records of the Appropriate Authorities and till such time as may be mutually agreed by the relevant Parties, the Transferor Companies will continue to hold the property and/or the asset, license, permission, approval, contract or agreement and rights and benefits arising therefrom, as the case may be, in trust for and on behalf of the Transferee Companies.

  • All costs, charges, levies, and expenses of the Companies, in relation to or in connection with or incidental to this Scheme or the implementation thereof shall be borne and paid for by the Transferee Companies, unless otherwise determined by the Boards of Directors of the Companies.

  • TLM lessons are highly controlled performances of classroom sequences, many establishing competition between teams.

  • To that end and intent, the respective Transferee Companies shall accept and adopt all acts, deeds and things done and executed by Network18 in regard to the Transferred Business Undertakings as if it is done and executed by the respective Transferee Companies themselves.


More Definitions of Transferee Companies

Transferee Companies means Transferee Company-1 and Transferee Company-2 together, as referred to in clause 1.2 and 1.3 of this Scheme.All terms and words not defined in this Scheme shall, unless repugnant or contrary to the context or meaning thereof, have the same meaning ascribed to them under the Act and other applicable laws, rules, regulations, bye-laws as the case may be or any statutory modifications or re-enactment thereof from time to time.
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Transferee Companies mean the Cable Co, the ISP Co and the Digital Co collectively;
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Transferee Companies means and include all the four transferee companies namely, Transferee Company No. 1, Transferee Company No. 2, Transferee Company No. 3 and Transferee Company No. 4; either collectively or any of them, as the context may require. The expressions which are used in this Scheme and not defined in this Scheme shall, unless repugnant or contrary to the context or meaning hereof, have the same meanings ascribed to them under the Act / the 2013 Act and other applicable laws, rules, regulations, bye-laws, as the case may be, including any statutory modification or re-enactment thereof, from time to time in particular, wherever reference is made to the Courts in this Scheme, the reference would include, if appropriate, reference to the National Company Law Tribunal or such other forum or authority, as may be vested with any of the powers of the courts under the Act. Upon implementation of the provisions contained in the 2013 Act if the Scheme has been filed with the courts and is pending disposal, the procedure to be followed from the date of such implementation would be as prescribed under the rules thereunder as may be applicable.
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Transferee Companies means collectively the Transferee Company 1, Transferee Company 2, and Transferee Company 3.
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Related to Transferee Companies

  • Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.

  • Transferee’s Principals shall include Transferee's (A) managing members, general partners or principal shareholders and (B) such other members, partners or shareholders which directly or indirectly shall own a 15% or greater interest in Transferee;

  • nominee company means a corporate body registered or having an established place of business in England and Wales which holds title to property for another;

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Transferee Letter Defined in Section 13.16.

  • Transferor Company means a public gas company.

  • Business Entity/Vendor means any natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of New Jersey or any other state or foreign jurisdiction. The definition also includes (i) if a business entity is a for-profit corporation, any officer of the corporation and any other person or business entity that owns or controls 10% or more of the stock of the corporation; (ii) if a business entity is a professional corporation, any shareholder or officer; (iii) if a business entity is a general partnership, limited partnership or limited liability partnership, any partner; (iv) if a business entity is a sole proprietorship, the proprietor; (v) if the business entity is any other form of entity organized under the laws of New Jersey or any other state or foreign jurisdiction, any principal, officer or partner thereof; (vi) any subsidiaries directly or indirectly controlled by the business entity; (vii) any political organization organized under 26 U.S.C.A. § 527 that is directly or indirectly controlled by the business entity, other than a candidate committee, election fund, or political party committee; and (viii) with respect to an individual who is included within the definition of “business entity,” that individual's civil union partner and any child residing with that person. 1

  • Faculty Member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.

  • Purchaser Personnel means the Purchasers’, and each Purchaser’s Affiliates’, officers, directors (or their equivalent), employees, agents, and contractors of any kind.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Transferors means the entities acting as Transferors under the Pooling and Servicing Agreement.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Buyer has the meaning set forth in the preamble.

  • Seller has the meaning set forth in the Preamble.

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • Purchaser Parent has the meaning set forth in the preamble to this Agreement.

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Founder means, in respect of an issuer, a person who,

  • Prospective Transferee means any Person to whom a Shareholder proposes to make a Proposed Transfer, including a Proposed Transfer by FEEL pursuant to Clause 2.3.

  • Procuring Entity/Purchaser means a Entity having administrative and financial powers to undertake Procurement of Goods, Works or Services using public funds, as specified in the PCC;

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • Resident Partner means a partner who is a resident individual, a resident estate, a resident trust or a resident corporation. "Nonresident partner" means a partner other than a resident partner;

  • Purchaser means the organization purchasing the goods.