Basis of Pricing. The pricing of incentive rate work shall be based on wages that are in turn based on the job classification. Pricing provision
Basis of Pricing. The base interest rate = the arithmetic average of the overnight TAIBOR over the past three months + the margin determined, where “the arithmetic average of the overnight TAIBOR over the past three months” is based on the arithmetic average of the overnight TAIBOR published by “the Taipei Interbank Discount Center” and “the margin determined” will be the rate determined and subject to adjustment by the Bank in consideration of the funding cost, operational cost and interest risk. The Bank may in its sole discretion adjust the foresaid calculation to reflect the change of prevailing market environment.
Basis of Pricing. The terms of the Services (including the price) will be on normal commercial terms and will be determined between the Group and Duosiwei Companies on an arm’s length basis and on terms no less favourable than terms provided by independent third parties. Duosiwei Companies have covenanted that the terms of the Services to be provided by them to the Group will be no less favourable than those provided by them to their independent third parties. The exact pricing of each order shall be subject to the Group’s acceptance of the quotation of each order made by the relevant Duosiwei Companies. Historical figures The following is a summary of the historical figures for the provision of Services by Duosiwei Companies to the Group for each of the three years ended 31 December 2010 and the six months ended 30 June 2011: For the six months For the year ended 31 December ended 2008 (audited) 2009 (audited) 2010 (audited) 30 June 2011 (unaudited) HK$’000 HK$’000 HK$’000 HK$’000 17,190 15,949 19,343 10,317 Proposed annual cap amounts The Group estimates that the transactions contemplated under the Master Agreement would not exceed the following annual cap amounts for the three financial years ending 31 December 2014 respectively: For the year ending 31 December 2012 2013 2014 HK$ ’000 HK$ ’000 HK$ ’000 24,000 28,000 33,000 Existing annual cap amounts As set out in the Company’s announcement and circular dated 6 November 2008 and 24 November 2008 respectively, the existing annual cap amounts of the transactions under the Existing Master Agreement for each of the three years ending 31 December 2011 are as follows: For the year ended 31 December 2009 2010 2011 HK$ ’000 HK$ ’000 HK$ ’000 19,900 19,900 19,900 As at the date of this announcement, the Group has not exceeded any of the above annual cap amounts. Basis for the annual cap amounts The Group will engage Duosiwei Companies to provide the Services when new retail stores, concessionary counters or sales areas are being set up or when other ad hoc decoration work is required at retail stores, concessionary counters or sales areas, and new moulds are required for the production of brassieres and mannequins. The Group will also engage Duosiwei Companies to provide the Services when the Group launches a new decoration theme for its retail stores, concessionary counters and sales areas. Generally, the Group’s retail stores, concessionary counters and sales areas launch a new decoration theme every two to three years. The ann...
Basis of Pricing. The basis for the Fees in this Schedule 3 include the following: Data Center • Pricing for hot site includes 300 MIPS, 1.2GB DASD, one hundred twenty (120) shared servers, one (1) email retention server, disaster recovery analyst travel and seventy-two (72) hours annual test time.
Basis of Pricing. The parties acknowledge and agree that the pricing set out in this Agreement is limited to the tests performed under the PRIME study protocol, and may not be used to set any future reimbursement amounts for the PreTRM® test. The parties further acknowledge and agree that the aggregate services hereunder do not exceed those that are reasonable and necessary for a legitimate business purpose, and that the compensation to be provided hereunder has not been determined in a manner that takes into account the volume or value of any referrals or other business generated between the parties.
Basis of Pricing. The purchase price of LNG shall be agreed by both Xianyang Haihui and Xi’an Civigas Haihui in writing. Pursuant to the LNG Master Supply Agreement, the pricing for the sale and purchase of LNG is to be determined based on the following:
Basis of Pricing. 5.1. In consideration for the Contractor providing the Services, the Customer will pay the Fees.
Basis of Pricing. According to the Audit Report of Fuzhou Power Generation Company issued by Ruihua China CPAs (Special Ordinary Partnership), Fuzhou Power Generation Company had total assets of RMB825.2242 million, total liabilities of RMB141.2242 million and net assets of RMB684 million as at 31 October 2013, the benchmark day of audit. According to the Appraisal Report about Fuzhou Power Generation Company issued by Zhongtianhe Asset Appraisal Company, an independent valuer, using asset-based method, the estimated value of total equity capital of Fuzhou Power Generation Company as at 31 October 2013, the benchmark day of appraisal, was RMB698.3987 million, representing an increase of RMB14.3987 million or 2.11% compared to the audited book value of its net assets. The capital contribution of RMB1,017,691,840 (or equivalent US dollars or euros) to be made by EDF China to Fuzhou Power Generation Company is determined after negotiation by the parties taking into account the assessed value of Fuzhou Power Generation Company as at 31 October 2013 made by Zhongtianhe Asset Appraisal Company and the subsequent investment to be made by EDF China to Fuzhou Power Generation Company.
Basis of Pricing. As the Group is a key market player in transportation and logistics services in the PRC, during its ordinary course of business it gathers information on the market rates of various services offered by its competitors from time to time. For some standard services, various service providers may issue price lists from time to time. When entering into any particular transaction with a connected person, the relevant member of the Group would consider a number of factors including, among other things, the combination of services provided, the geographical coverage of services provided and the terms offered by the local competitors, with a view to ensuring that the terms offered to the Group are at market prices as defined above. If a transaction involves customized combination of services for which the terms offered by service providers could substantially differ, the relevant member of the Group will in accordance with the Group’s internal control manual requirements obtain quotes and terms of services from at least two independent third parties (to the extent such alternative service providers are available) and the connected person. The Company has established a business contracts review system in which the supervisory departments and offices of the Group will review the terms of services (including the price of services) and compare the same against those offered by independent third parties, to ensure that those terms are at market prices as defined above. In the event that there are less than two alternative independent third parties service providers in the relevant market for a particular type of services, such departments and offices will review the terms of such services (including the price of the services) with reference to the terms of similar services provided or received by the Group previously and consider whether the terms being offered are commercially beneficial to the Group having regard to such comparables. The transportation and logistics services provided under the Master Services Agreement by the Group to Qingdao Jinyun Air will be at the market prices charged by the Group to independent third parties for the same or comparable type of services, and vice versa. The Directors consider that the procedures described above can ensure that the transactions will be conducted on normal commercial terms and not prejudicial to the interests of the Company and its minority Shareholders. Historical transaction records The historical transaction amo...
