Delivery and payment arrangements. For the purpose of any Transaction under the CKD Components Agreement, the CKD Components Purchaser shall send a purchase notice to the CKD Components Supplier specifying, among others, the quantity and delivery time of the CKD Components required 90 days prior to the requested delivery date. Upon receipt of the purchase notice, the CKD Components Supplier shall issue a price quotation to the CKD Components Purchaser, which shall conform with the pricing policies as agreed under the CKD Components Agreement, within 7 days. The price quotation will become effective and binding only upon the written confirmation of the CKD Components Purchaser. All Transactions under the CKD Components Agreement shall be made in accordance with the terms of the CKD Components Agreement and the aforesaid price quotation. Where there are conflicts between the terms of the CKD Components Agreement and the terms of the price quotation, the former shall prevail. The CKD Components Purchaser shall settle the relevant payment for the CKD Components within 30 days after receipt of the relevant CKD Components or within a longer period as specified under the individual price quotation, by telegraphic transfer or other methods as agreed by the CKD Component Purchaser and CKD Component Supplier or as specified under the individual price quotation.
Delivery and payment arrangements. For the purpose of any Transactions under the CNC Machine Tools Agreement, the CNC Machine Tools Purchaser shall send the purchase notice to the CNC Machine Tools Seller specifying, among others, the quantity and delivery time of the Designated CNC Machine Tools required 90 days prior to the requested delivery date. Upon receipt of the purchase notice, the CNC Machine Tools Seller shall issue a price quotation to the CNC Machine Tools Purchaser, which shall conform with the pricing policies as agreed under the CNC Machine Tools Agreement, within 7 days. The price quotation will become effective and binding upon the written confirmation of the CNC Machine Tools Purchaser. All Transactions under the CNC Machine Tools Agreement shall be made in accordance with the terms of the CNC Machine Tools Agreement and the aforesaid price quotation. Where there are conflicts between the terms of the CNC Machine Tools Agreement and the terms of the price quotation, the former shall prevail. The CNC Machine Tools Purchaser shall settle 90% of the relevant payment for the Designated CNC Machine Tools before delivery of the same, with the remaining 10% to be settled after completion of inspection of the relevant Designated CNC Machine Tools by the CNC Machine Tools Purchaser (but in any event no later than 6 months after the relevant Designated CNC Machine Tools arrived at the port designated by the CNC Machine Tools Purchaser).
Delivery and payment arrangements. (i) Delivery Date In relation to each Vessel, the Delivery Date of that Vessel shall be between the date hereof and the Cancellation Date.
Delivery and payment arrangements. For the purpose of any Transaction under the Components Agreement, the Components Buyer shall send a purchase notice to the Components Seller specifying the quantity of CKD components required 90 days prior to the requested delivery date. Upon receipt of the purchase notice, the Components Seller shall issue a price quotation within 7 days. The quotation will become effective and binding upon the confirmation of the Components Buyer. The Components Buyer shall settle the payment within 30 days after receipt of the relevant CKD components.
Delivery and payment arrangements. For the purpose of any Transactions under the Machine Tools Agreement, the Machine Tools Purchaser shall send the purchase notice to the Machine Tools Seller specifying the quantity of the Designated CNC Machine Tools required 90 days prior to the requested delivery date. Upon receipt of the purchase notice, the Machine Tools Seller shall issue a price quotation to the Machine Tools Purchaser within 7 days. The quotation will become effective and binding upon the confirmation of the Machine Tools Purchaser. The Machine Tools Purchaser shall settle 90% of the payment before delivery of the relevant Designated CNC Machine Tools, with the remaining 10% to be settled within 6 months after the relevant Designated CNC Machine Tools arrived at the port designated by the Machine Tools Purchaser.
Delivery and payment arrangements. The buyer shall send a purchase order to the seller specifying the quantity and types of hogs required for the coming month not less than seven days prior to the end of the month. The buyer shall settle the payment within seven days after the weight of the hogs is determined. The buyer shall notify the seller two days prior to the intended date of delivery in respect of the delivery arrangement. Other : Save for the identity of the sellers, being Xx. Xxx’x Entities for the First Hogs Purchase Framework Agreement and Xx. Xx’x Entity for the Second Hogs Purchase Framework Agreement, the terms of the First Hogs Purchase Framework Agreement and the Second Hogs Purchase Framework Agreement are identical. The historical purchase amounts of hogs by the Group from the Selling Entities and the Annual Caps pursuant to the Hogs Purchase Framework Agreements are set out below:
Delivery and payment arrangements. The buyer shall send a purchase order to the seller specifying the quantity and types of pig blood products required for the coming month not less than seven days prior to the end of the month. The buyer shall settle the payment within one month after receipt of the products. The buyer shall be responsible for the delivery of products. The historical sales amounts of pig blood products by the Group to the Pig Blood Products Purchasing Entities and the annual caps and revised annual caps for the continuing connected transactions contemplated under the Pig Blood Products Supply Framework Agreement are set out below: 31 December 2017 9.28 million 10.73 million (Note1) 31 August 2018 (unaudited, based on the Group’s management accounts) 11.90 million 14.61 million (Note1) 31 December 2017 9.60 million 10.76 million (Note2) 31 December 2018 11.50 million 12.88 million (Note2) 31 December 2019 13.80 million 15.46 million (Note2) 31 December 2018 20.00 million 22.91 million 31 December 2019 30.00 million 34.37 million
Delivery and payment arrangements. The buyer shall send a purchase order to the seller specifying the quantity and types of pig blood products required for the coming month not less than seven days prior to the end of the month. The buyer shall settle the payment within one month after receipt of the products. The buyer shall be responsible for the delivery of products. The historical sales amounts of pig blood products by the Group to the Pig Blood Products Purchasing Entities and the annual caps for the continuing connected transactions contemplated under the Pig Blood Products Supply Framework Agreement are set out below:
Delivery and payment arrangements. The buyer shall send a purchase order to the seller specifying the quantity and types of raw poultry meat and poultry products required for the coming month not less than seven days prior to the end of the month. The buyer shall settle the payment within one month after delivery. The buyer shall notify the seller two days prior to the intended date of delivery in respect of the delivery arrangement. The historical purchase amounts of poultry products by the Group from the Poultry Selling Entities and the annual caps for the continuing connected transactions contemplated under the Poultry Purchase Framework Agreement are set out below:
Delivery and payment arrangements. The buyer shall send a purchase order to the seller specifying the quantity and types of the packaging materials required for the coming month not less than seven days prior to the end of the month. The buyer shall settle the payment within three months after delivery. Unless agreed otherwise by both parties, the buyer shall notify the seller two days prior to the intended date of delivery in respect of the delivery arrangement. The historical purchase amounts of carton boxes packaging materials by the Group pursuant to the Existing Purchase Framework Agreement and the proposed annual caps for the continuing connected transactions contemplated under the Packaging Materials Purchase Framework Agreement are set out below: Historical transaction amounts (financial year ended/period ended) RMB HK$ (Equivalent approximate) 31 December 2021 12.51 million 15.08 million (Note) 31 December 2022 3.02 million 3.50 million (Note) 31 October 2023 (unaudited, based on the Group’s management accounts) 5.38 million 5.91million 31 December 2024 12.60 million 13.85 million 31 December 2025 12.70 million 13.96 million 31 December 2026 12.80 million 14.07 million The annual caps under the Packaging Materials Purchase Framework Agreement are determined with reference to the historical transaction amounts of carton boxes packaging materials purchased by the Group under the Existing Purchase Framework Agreement, taking into account of the anticipated demand for packaging materials of the Group and the increase in the variety of products offered by the Group and its business growth, the anticipated inflation and increase in the market price of packaging materials during the term of the Packaging Materials Purchase Framework Agreement.
