Basis of Consideration Sample Clauses

Basis of Consideration. The steam supply price was determined by arm’s length negotiations between the parties with reference to the price prescribed by the Yangzhou Price Bureau. The Yangzhou Price Bureau publishes the reference price for steam to the industry from time to time. The latest reference steam price was published by the Yangzhou Price Bureau on 13 December 2017, stating that the price of steam should not be higher than RMB215 per tonne.

Basis of Consideration. 4.2.1 PKNPk’s Basic Revenue Share Under the JVA, PKNPk is entitled to PKNPk’s Basic Revenue Share (as defined under the JVA), which is a sum equivalent to RM9.70 per square foot of each of the Industrial Lots (excluding PKNPk’s Reserved Lands) sold to end-purchaser.

Basis of Consideration. Upon completion, UFSB shall issue one (1) ordinary share at an issue price of RM1.00 to SASB and the existing shareholder of UFSB shall transfer his existing shareholding in UFSB consisting of one (1) ordinary share at an issue price of RM1.00 to DASB on a willing-buyer willing-seller basis.

Basis of Consideration. The steam supply price was determined by arm’s length negotiations between the parties with reference to the reference price prescribed by Xuzhou Price Bureau. Xuzhou Price Bureau will publish reference steam price to the industry from time to time.

Basis of Consideration. The Consideration was determined based on the tender price provided by the Contractor, and the Construction Agreement was awarded to the Contractor by Xxxxxx Xxxxxx after the tendering process. Xxxxxx Xxxxxx has assessed the experience and capability of the Contractor, the expected scope and complexity of the construction works to be undertaken, the expected costs of the project and the prevailing market prices of construction works with similar scale and complexity. The Directors (including the independent non-executive Directors) consider that the Consideration is fair and reasonable. The Consideration will be financed by the Group’s internal resources, banking facilities or a combination of both.

Basis of Consideration. The Group shall settle the promotional service fee monthly. The promotional service fee is calculated by multiplying the actual sales of HANQUYOU promoted by Xxxxxxx Xxxxx by applicable fee rates. Pursuant to the Promotional Services Agreement (2023 Renewal), the applicable fee rates from 1 January 2024 to 31 December 2024 will range from 22.5% to 29.0% based on the actual sales of HANQUYOU promoted by Xxxxxxx Xxxxx as agreed by the parties. Such fee rates are determined based on, among other things, the actual needs of the Group, the latest forecast of market conditions in the Designated Areas, market standards and mutual negotiation between the Group and Jiangsu Fosun.

Basis of Consideration. The consideration under the Fifth Coal Supply Agreement was determined after arm’s length negotiations between the parties having taken into account, among other things, (i) the quality of coal required by Xxxxxxx Xxxxxxxxx; (ii) the market price of coal as determined with reference to the quotations obtained by Xxxxxxx Xxxxxxxxx from independent third party coal suppliers; and

Basis of Consideration. The Company has taken into account of, among others, the following factors when determining the Consideration:

Basis of Consideration. The consideration under the Fourth Coal Supply Agreement was determined after arm’s length negotiations between the parties with reference to, among other things, (i) the quality of the coal to be supplied and, (ii) the market price of coal determined with quotations Xxxxxxx Xxxxxxxxx obtained from independent third party coal suppliers. Suzhou GCL shall provide a guarantee of RMB500,000 (the “Guarantee”) to Jiangsu Zhongneng within three days upon the signing of the Fourth Coal Supply Agreement for its delivery of coal to Jiangsu Zhongneng in accordance with the Fourth Coal Supply Agreement. In the event that Suzhou GCL fails to provide all or part of the Guarantee, Jiangsu Zhongneng is entitled to withhold the corresponding amount from the consideration payable to Suzhou GCL under the Fourth Coal Supply Agreement. The principal terms of the Previous De Minimis Agreement are summarised as follows: First Coal Supply Agreement Second Coal Supply Agreement Third Coal Supply Agreement Date 4 June 2022 30 June 2022 27 July 2022 Parties (i) Supplier: Suzhou GCL (ii) Customer: Xxxxxxx Xxxxxxxxx Subject Matter 20,000 tonnes of coal 20,000 tonnes of coal 5,000 tonnes of coal Final Consideration (as adjusted) RMB22,557,967 RMB22,097,275 RMB5,553,232 Payment Terms Upon the signing of each of the First Coal Supply Agreement and the Second Coal Supply Agreement, Jiangsu Zhongneng shall pay a prepayment of RMB10,000,000 to Suzhou GCL. Suzhou GCL shall deliver the coal pursuant to the each of the First Coal Supply Agreement and the Second Coal Supply Agreement to Jiangsu Zhongneng upon the receipt of the such prepayment. Within five days after the receipt of the invoice by Xxxxxxx Xxxxxxxxx in respect of the coal supplied, Jiangsu Zhongneng shall pay the remaining amount of the consideration under each of the First Coal Supply Agreement and the Second Coal Supply Agreement to Suzhou GCL. Payment shall be made by the end of the month after the invoice was issued in accordance with the Third Coal Supply Agreement.

Basis of Consideration. DASB will subscribe for its equity shareholding in JVCO at par for total consideration of RM500,000, wholly in cash from its internally generated funds and/or bank borrowings.