Historical Amounts Clause Samples
The 'Historical Amounts' clause defines how past financial figures or data are referenced and used within an agreement. Typically, this clause specifies which previous periods' amounts are relevant, such as last year's revenue or prior transaction values, and may outline the method for verifying or adjusting these figures. Its core function is to ensure that all parties have a clear, consistent basis for calculations or comparisons that depend on historical data, thereby reducing disputes and promoting transparency.
Historical Amounts. Save for the Previous Service Agreements, no catering and office maintenance services had been provided to the Group by BESM Beijing and/or third parties engaged by BESM Beijing prior to the date of the BES Hainan Catering Service Agreement. As such, there was no historical figure under the Service Agreements.
Historical Amounts. We started to provide image detection technology services to Sinovation Ventures in 2020. The historical amounts of fees relating to the provision of image detection technology services by our Group to Sinovation Ventures for the year ended December 31, 2020 and the nine months ended September 30, 2021 were approximately RMB734,000 and RMB1,453,000, respectively. The following table sets forth the proposed annual caps under the Image Detection Technology Service Framework Agreement: When determining the annual caps, our Directors have taken into consideration the following factors:
Historical Amounts. The aggregate rent paid by the Group to LTG Group under the Existing Factory Premises and Dormitories Lease Master Agreement were approximately US$1,324,000 (approximately HK$10,393,400) for the period from 1 January 2022 to 30 November 2022.
Historical Amounts. The historical figures of the total amount of the service fees, commissions and expenses paid by the Group in respect of the Existing Aviation Complementary Services Agreement for each of the two years ended 31 December 2023 and 2024 and five months ended 31 May 2025 are RMB656 million, RMB762 million and RMB184 million, respectively. The total value of right-of-use assets relating to the lease of special vehicles and equipment under the Existing Aviation Complementary Services Agreement for each of the two years ended 31 December 2023 and 2024 and the five months ended 31 May 2025 are RMB952 million, RMB364 million and RMB254 million, respectively.
Historical Amounts. The historical figures for the rentals and fees paid by the Company in respect of the Existing Property Leasing and Construction and Management Agency Agreements for each of the two years ended 31 December 2023 and 2024 and five months ended 31 May 2025 are approximately RMB156 million, RMB184 million and RMB74 million, respectively. The total value of right-of-use assets relating to the leases for each of the two years ended 31 December 2023 and 2024 and the five months ended 31 May 2025 are approximately RMB163 million, RMB119 million and RMB116 million, respectively. The maximum amounts of rentals and fees payable by the Company for the three years ending 31 December 2028 under the Property Leasing and Construction and Management Agency Agreement are determined primarily based on the following factors:
Historical Amounts. For all limitation years ending before January 1, 1976, the dollar limitation under section 415(c)(1)(A) of the Code is Twenty-five Thousand Dollars ($25,000). For limitation years ending after December 31, 1975, and before January 1, 1999, the amount shall be:
Historical Amounts. The historical figures for the annual caps in respect of the Existing Aircraft and Engines Lease Agreement for each of the two years ended 31 December 2023, 2024 and five months ended 31 May 2025 are set out below: 5,612 Total value of right-of-use assets in relation to the finance and operating leases entered into by the Company as the lessee 4,922 The total rental fee payable by the Company under the Aircraft and Engines Lease and Related Services Agreement mainly includes the total principal and interest of the aircraft and engines under finance leases for the entire lease period, the total rent of the aircraft and engines under operating leases for the entire lease period in the next three years. The total consideration payable by CES Leasing is the transfer price for the sale of aircraft and engines. Combining the new aircraft and engines orders signed by the Company, the number of new aircraft and engines that may be introduced in the future and the number of old aircraft and engines planned for finance leases and operating leases, the Company has made planned arrangements for financing leases and operating leases of aircraft from 2026 to 2028. According to the number and type of aircraft, the Company plans to introduce a in the next three years, including Boeing B737-8, B787-9, B787-10, Airbus A320NEO, A321NEO, and COMAC C919, etc. Based on the planned introduction schedule and estimated unit purchase price for each aircraft type, the total lease principal, interest, and arrangement fees associated with the planned annual aircraft introduction are calculated using finance lease model during a certain period. Additionally, considering the possibility of other aircraft leasing services in the coming years, a certain percentage of the amount is reserved as a contingency buffer. As the actual method of aircraft introduction is currently uncertain, the proposed annual cap will apply to aircraft introduced via operating leases. In respect of the sale of aircraft and engines, according to the number and type of the aircraft that the Company preliminarily plans to sell, the estimated unit transaction amount, and considering the uncertainties in these transactions, a certain buffer is reserved and will serve as the annual cap for the sale of aircraft and engines. On the basis of the above, the Company estimated the total rental fee payable by the Company under the Aircraft and Engines Lease and Related Services Agreement for the three years ending 31 Decembe...
Historical Amounts. The historical maximum daily outstanding balance of the deposit services provided by the Eastern Air Finance Entities to the Group in respect of the Existing Financial Services Agreement for each of the two years ended 31 December 2023 and 2024 and five months ended 31 May 2025 is approximately RMB13,703 million, RMB13,975 million and RMB7,537 million, respectively. The historical maximum daily outstanding balance of the loan and financing services provided by the Eastern Air Finance Entities to the Group in respect of the Existing Financial Services Agreement for each of the two years ended 31 December 2023 and 2024 and five months ended 31 May 2025 is RMB2,800 million, RMB8,900 million and RMB1,600 million, respectively. It is reasonable for the Company to deposit idle cash to Eastern Air Finance Company in consideration for fund security and convenience of fund allocation, which is also in the interest of the Shareholders. With thousands of suppliers of the Company scattering around the world, the Company would engage depository financial institutions that are capable of offering convenience, timeliness and safety when meeting the global demand of cash flow. In addition, the Company directly holds 25% of shares of Eastern Air Finance Company, while the remaining 75% is held by CEA Holding. Eastern Air Finance Company could more proactively safeguard the interests of the Company. Therefore, such arrangement is in the interest of the Company and its shareholders as a whole. In respect of the provision of other financial services under the Existing Financial Services Agreement, the fees and charges paid for such transactions for each of the two years ended 31 December 2023 and 2024 are minimal. Accordingly, pursuant to Rule 14A.76 of the Hong Kong Listing Rules, such transactions are exempt from all reporting, announcement, annual review and Independent Shareholders’ approval requirements under the Hong Kong Listing Rules.
Historical Amounts. The Company and Shandong Port Finance Holding Group did not conduct any similar transactions as those under the Shandong Port Finance Holding Framework Agreement in the past. Therefore, there is no historical amount for the transactions under the Shandong Port Finance Holding Framework Agreement.
Historical Amounts. The total amount of hospital management service fees in relation to the provision of management services paid by the Managed Hospitals to us for each of the two years ended December 31, 2017 and 2018 and the 10 months ended October 31, 2019 was approximately RMB1.1 million, RMB6.3 million and RMB5.1 million, respectively. The total amount of Radiotherapy Center Services fees paid by the Managed Hospitals to us for each of the two years ended December 31, 2017 and 2018 and the 10 months ended October 31, 2019 was approximately RMB15.3 million, RMB17.7 million and RMB14.6 million, respectively.