Asset Management Agreements. Each Borrower (a) shall comply with and take all reasonable steps to enforce the Asset Management Side Letter and (b) shall not amend, modify, waive, terminate or revoke the Asset Management Side Letters or permit any Asset Management Agreement to be amended, modified, waived, terminated or revoked, in each case without Lender’s consent, which consent shall not be unreasonably withheld, conditioned or delayed; provided that ministerial, typographical or other clerical modifications or amendments of an Asset Management Agreement shall not require Lender’s consent.
Asset Management Agreements. No Asset Management Agreement shall be amended, terminated or modified without Lender’s consent, which consent shall not be unreasonably withheld, conditioned or delayed.
Asset Management Agreements. (a) Asset Management Agreement with China Life Insurance Asset Management Company Limited (“AMC”)
Asset Management Agreements. At the request of Buyers, Seller has agreed to cooperate with Buyers immediately following the execution date hereof in order to execute the Asset Management Agreements (between Seller (or one or more of its Subsidiaries), on the one hand, and any of the Buyers or their designated Affiliate, on the other hand), in respect of Escondido and Chula Vista, in substantially the forms attached hereto as Exhibit B and Exhibit C, pursuant to which, among other things, Seller grants to such Buyer or its designated Affiliate the right to manage the operation of such facility (in the case of Chula Vista, on the later of July 1, 2009 or Buyer’s approval of the performance of the selective catalytic reduction equipment at the Chula Vista facility, and in the case of Escondido, on July 1, 2009).
Asset Management Agreements. On 20 June 2019, the First Asset Management Agreement was entered into between Yongsheng Dyeing (an indirectly wholly-owned subsidiary of the Company) (as asset entrustor), China Everbright Trust (as asset manager) and China Everbright (Beijing) (as asset custodian) on 20 June 2019, pursuant to which Xxxxxxxxx Xxxxxx agreed to participate in the asset management plan operated by China Everbright Trust and to deposit an investment amount of RMB30,000,000 into the designated account maintained with China Everbright (Beijing), which was be funded by the internal resources of the Group. As all the applicable percentage ratios in respect of the First Asset Management Agreement were below 5%, the First Asset Management Agreement and the transactions contemplated thereunder were exempt from the requirements of Chapter 14 of the Listing Rules. The Board is pleased to announce that on 6 December 2019 (after trading hours), Xxxxxxxxx Xxxxxx (as asset entrustor) entered into the Second Asset Management Agreement with China Everbright Trust (as asset manager) and China Everbright (Beijing) (as asset custodian), pursuant to which Xxxxxxxxx Xxxxxx agreed to participate in the asset management plan operated by China Everbright Trust and to deposit an investment amount of RMB50,000,000 into the designated account maintained with China Everbright (Beijing), which will be funded by the internal resources of the Group. Pursuant to Rule 14.22 of the Listing Rules, the relevant applicable percentage ratios of the First Asset Management Agreement and Second Asset Management Agreement are require to be aggregated. As one or more of the applicable percentage ratios in respect of the Asset Management Agreements, when aggregated, are more than 5% but less than 25%, the Asset Management Agreements and the transaction contemplated thereunder constitute discloseable transactions of the Company and are subject to the reporting and announcement requirements, but exempt from the Shareholders’ approval requirement under Chapter 14 of the Listing Rules.
Asset Management Agreements. Reference is made to (i) the announcement of the Company dated 16 August 2016 regarding the First Asset Management Agreement and the Second Asset Management Agreement; and
Asset Management Agreements. True and complete originals of each of the Asset Management Agreements have been delivered to Optionee and its agents and underwriters. All such Asset Management Agreements are valid and enforceable and presently in full force and effect, and none of the Asset Management Agreements have been assigned, pledged or otherwise encumbered. Neither Grantor nor, to the best knowledge of Grantor, any Manager under any Asset Management Agreements, is in default under such Asset Management Agreements, and Grantor does not know of any event which, but for the passage of time or the giving of notice, or both, would constitute a default under such Asset Management Agreements. The consummation of the transactions contemplated by this Agreement will not give rise to any breach, default or event of default under any of the Asset Management Agreements. Each of the Asset Management Agreements is assignable by Grantor and none of the Asset Management Agreements requires the consent or approval of any party in connection with the transactions contemplated by this Agreement.
