Examples of bonded warehouse in a sentence
The Company and TEDA Holding, the controlling shareholder of the Company, propose to sign the Guarantee Letter with CIMC Capital respectively to provide guarantee in favour of Bonded Warehouse in relation to the Finance Lease Arrangement.
At the same time, Bonded Warehouse proposes to pledge the Leased Assets and the Non-leased Pledged Asset to CIMC Capital as guarantee in discharging the debts of Bonded Warehouse under the Finance Lease Agreement.
Upon expiry of the lease period and subject to fulfillment of all obligations by Bonded Warehouse under the Finance Lease Agreement, Bonded Warehouse shall have the right to acquire the ownership of the Leased Assets by paying RMB100 to CIMC Capital.
The guarantee provided by TEDA Holding in favour of Bonded Warehouse is fully exempt under Rule 20.88 of the GEM Listing Rules as it is conducted on normal or better commercial terms and it is not secured by the assets of the Group.
On the same day, Seller and Buyer shall instruct their Bank officer to immediately transfer consultancy fee to designated accounts of consultants and intermediaries as per FPA by the Transaction Code: Upon transfer of title and Ownership by the Seller to the Buyer, Buyer will take delivery of the AU Metal at the Bonded Warehouse in Hong Kong.