Examples of WOP SPV in a sentence
WOP SPV has the right, power and authority, and has taken all action necessary to execute, deliver, exercise its rights and perform its respective obligations, under this Agreement and each document to be executed at or before the Initial Completion, and to carry out the transactions contemplated hereby and thereby.
Upon APG requesting for such termination, each of WOP SPV and the Company shall promptly take all actions and do all things to terminate such Asset Management Agreement in accordance with this Clause 21.1 and the terms of such Asset Management Agreement.
The execution and delivery by WOP SPV of this Agreement will not result in any (a) breach or violation of, or default under, any contract or arrangement to which WOP SPV is a party, or (b) violation of any applicable Law.
WOP SPV is an entity duly organised and validly existing under the laws of the British Virgin Islands.
APG and WOP SPV wish to establish a joint venture to operate as an investment vehicle for the acquisition, development and re-development of residential properties in Hong Kong which meet the Approved Investment Criteria (as defined below).
The issued Share is legally and beneficially owned by WOP SPV and there is no direct or indirect Encumbrance over such issued Share.
There are no outstanding Securities issued by the Company except for the Share held by WOP SPV as at the date of this Agreement.
The obligations of WOP SPV under this Agreement and each document to be executed at or before the Initial Completion constitutes, or when the relevant document is executed will constitute, valid, legal and binding obligations and are enforceable in accordance with their terms.
Upon APG requesting for such termination, each of WOP SPV and the Company shall promptly take all actions and do all things to terminate the Promote Agreement in accordance with this Clause 21.2 and the terms of the Promote Agreement.
As at the Initial Completion, WOP SPV has obtained all necessary consents, approvals and authorisations from each applicable Governmental Agency and other person in relation to the transaction contemplated under this Agreement (if applicable) and no other consents, approvals or other authorisations is required from any Governmental Agency under the applicable Law in relation to such transaction.