We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Historical transactions Sample Clauses

Historical transactions. As calculated in accordance with the IFRS 16 (Leases), the historical transaction amounts of the Company’s transactions with Shanghai Datang Financial Lease Company, Datang Leasing Company and Datang Factoring Company under the 2021 Leasing and Factoring Business Cooperation Agreement, the 2022 Financial Business Cooperation Agreement and the 2023 Factoring Business Cooperation Agreement, respectively, for the three years ended 31 December 2023 are as below: With Shanghai Datang Financial Lease Company RMB574 million RMB621 million RMB288 million With Datang Leasing Company RMB439 million RMB679 million RMB1.51 billion Sale and leaseback With Shanghai Datang Financial Lease Company RMB361 million RMB716 million RMB553 million With Datang Leasing Company RMB1.455 billion RMB1.85 billion RMB1.829 billion With Shanghai Datang Financial Lease Company RMB0 million RMB0 million RMB0 million With Datang Leasing Company RMB0 million RMB0 million RMB0 million With Datang Factoring Company RMB554 million RMB1.502 billion RMB1.742 billion For the three years ended 31 December 2023, the Group did not enter into any other financial services transactions with Shanghai Datang Financial Lease Company, Datang Leasing Company and Datang Factoring Company. The Company confirms that as of the date of this announcement, the existing annual caps for the above years and for the year ending 31 December 2024 under the 2021 Leasing and Factoring Business Cooperation Agreement, the 2022 Financial Business Cooperation Agreement and the 2023 Factoring Business Cooperation Agreement have not been exceeded. Currently, the Company has entered into agreements and conducted financing business with each of the three subsidiaries of Datang Capital Holding, namely Shanghai Datang Financial Lease Company, Datang Leasing Company and Datang Factoring Company. The 2024 Comprehensive Financial Services Cooperation Agreement entered into between the Company and Datang Capital Holding to unify the contracting of the relevant transactions is conducive to the Company’s effective control of various connected transactions between both parties, which can effectively reduce the compliance risk and significantly improve the efficiency, and is a proactive measure for the Company to practically improve the quality of governance of listed company. Entering into the 2024 Comprehensive Financial Services Cooperation Agreement will be beneficial for Datang Capital Holding to coordinate its subsidiaries in carryi...
Historical transactionsThe Group entered into the Former Framework Agreement with Billion Fujian on 18 October 2012 for procurement of polyester filament yarns and waste polyester filament yarns from Billion Fujian. The Group purchased products of approximately RMB10.1 million (equivalent to approximately HK$12.7 million) from Billion Fujian during the term of the Former Framework Agreement. The Former Framework Agreement expired on 31 December 2012. Since then the PRC Subsidiaries and Billion Fujian had commenced negotiation on entering into another framework agreement, but the parties could not agree on the appropriate annual caps for the transaction amounts for each of the three financial years ending 31 December 2013, 2014 and 2015. Upon reaching an agreement on the annual caps, the Group entered into the Framework Sale and Purchase Agreement with Billion Fujian on 5 July 2013. The Company made this announcement immediately after the Framework Sale and Purchase Agreement was entered into. For the period from 1 January 2013 to the date of the Framework Sale and Purchase Agreement, the value of products purchased by the PRC Subsidiaries from Billion Fujian was approximately RMB21.9 million (equivalent to approximately HK$27.5 million), and the value of products purchased by Billion Fujian from the PRC Subsidiaries was approximately RMB13,000 (equivalent to approximately HK$16,000). The applicable percentage ratios (other than the profits ratio) for the aggregate value of the transactions between the parties as set out above were more than 0.1% but less than 5%. Therefore, the historical transactions were exempt from independent shareholdersapproval requirement but subject to the reporting, annual review and announcement requirements under Rule 14A.34 of the Listing Rules. The historical transactions have been approved and ratified by the Board and the parties have also extended the term of the Framework Sale and Purchase Agreement to include the historical transactions. The annual caps for the XXXXXX Purchases under the Framework Sale and Purchase Agreement shall not be more than RMB69,500,000 (equivalent to approximately HK$87,200,000), RMB73,000,000 (equivalent to approximately HK$91,600,000) and RMB76,500,000 (equivalent to approximately HK$96,000,000) for each of the three financial years ending 31 December 2013, 2014 and 2015, respectively. The annual caps for the XXXXXX Sales under the Framework Sale and Purchase Agreement shall not be more than RMB500,000 (equivalent ...
Historical transactionsPursuant to the Consultancy Services Agreement entered into in 2021, Occasions agreed to provide the Services to the MGM Group. The MGM Group and the Occasions Group have also entered into certain ancillary agreements for determined Services with details of the service scope and fees determined after arm’s length negotiations between the relevant member(s) of the MGM Group and the relevant member(s) of the Occasions Group by reference to prevailing market prices and on normal commercial terms. Certain existing arrangements for the Services between the MGM Group and Occasions Group will continue under the Renewed Consultancy Services Agreement. The historical fees paid by the MGM Group to the Occasions Group in respect of the Services were approximately HK$32.2 million, HK$39.4 million and HK$80.1 million for each of the two years ended December 31, 2021, 2022 and the nine months ended September 30, 2023, respectively. Xxxxxxxx from the Occasions Group included out of pocket expenses paid by Occasions on behalf of the MGM Group when organizing the entertainment or events. The actual fee portion of the above amounts received by Occasions for the two years ended December 31, 2021 and 2022 and the nine months ended September 30, 2023 respectively were around 42%, 65% and 29% of the total xxxxxxxx.
Historical transactions. Before the adoption of IFRS 16 (Leases), the historical transaction amounts of financial leasing and factoring businesses between the Company and Datang Leasing Company under the 2019 Financial Business Cooperation Agreement for the four months ended 31 December 2019, the two years ended 31 December 2021 and the eight months ending 31 August 2022 are as below: From 1 September From 1 January From 1 January From 1 January Historical transaction amounts Annual caps RMB0.2 billion RMB3 billion RMB1.075 billion RMB10 billion RMB1.794 billion RMB10 billion RMB2 billion (Note) RMB7 billion Assuming calculations were made in accordance with IFRS 16 (Leases), the historical transaction amounts of financial leasing and factoring businesses between the Company and Datang Leasing Company for the four months ended 31 December 2019, the two years ended 31 December 2020 and the three months ended 31 March 2022 are set out as follows: From 1 September From 1 January From 1 January From 1 January 2019 to 2020 to 2021 to 2022 to 31 December 31 December 31 December 31 March 2019 2020 2021 2022 Direct lease RMB100 million RMB368 million RMB439 million RMB78 million Sale and lease-back RMB100 million RMB707 million RMB1,355 million RMB59 million Factoring business RMB0 million RMB0 million RMB0 million RMB0 million In recent years, the cooperation with Datang Leasing Company has become an important financing method for the Company and its subsidiaries. Through entering into the 2022 Financial Business Cooperation Agreement, the Company is able to obtain financial support and relevant financing services at an interest rate equivalent to or lower than the market rate of the same industry, which allows the Company to further reduce its overall capital costs; the gradual expansion of the financial leasing businesses between Datang Leasing Company and the Company and its subsidiaries, which will further enhance the bargaining power of the Company and its subsidiaries with other leasing companies when conducting financial leasing businesses. At the same time, Datang Leasing Company would be able to develop a deeper understanding in the operation of the Company and its subsidiaries, which in turn would be able to provide more convenient, effective and efficient financial leasing as well as factoring products design services for the Company and its subsidiaries when compared to those services provided by other financial leasing companies. The Directors (including the independent non-...
Historical transactionsThe transactions (i) between Envirolight LED, LLC and CTK Technologies, Inc.; including their respective Affiliates (ii) between Seesmart, Inc. (f/k/a CTK Technologies, Inc.) and Seesmart Holdings, including their respective Affiliates; (iii) contemplated by that certain Share Exchange Agreement, dated as of December 20, 2011, by and between Seesmart Holdings and the Company (the
Historical transactionsThe Group has not previously engaged in the provision of property management services to the Shenzhen Zhaobangji Group.
Historical transactions. The actual transaction amounts for the supply on Relevant Products by O-Net Shenzhen to Butterfly under the 2014 Supply Agreement for the three years ended 31 December 2014, 2015 and 2016 were HK$2,731,000, HK$2,001,000 and HK$2,020,000 (equivalent to RMB2,164,000, RMB1,608,000 and RMB1,750,000) respectively. Upon the expiry of the 2014 Supply Agreement, O-Net Shenzhen continued to make contractual supply on Relevant Products to Butterfly and such transaction amounts for the year ended 31 December 2017 were HK$1,082,000 (equivalent to RMB937,000). The actual transaction amount for the supply of the Relevant Products by O-Net Shenzhen to Butterfly under the Supply Agreement since 1 January 2018 and up to 31 July 2018 was approximately HK$760,000 (equivalent to RMB621,000). The annual caps under the Supply Agreement for the three years ending 31 December 2020 shall be RMB10,000,000 respectively, which were determined by reference to: (i) the historical transaction amounts for such transactions for the four years ended 31 December 2017; (ii) the anticipated growth in demand by Butterfly for the Relevant Products as a result of its business development; and (iii) the anticipated future unit price of the Relevant Products. The Company is an investment holding company and the Group is principally engaged in the design, manufacturing and sale of optical networking subcomponents, components, modules and subsystem used in high-speed telecommunications and data communications. Butterfly is principally engaged in design, manufacturing and sale of micro-projectors and interactive products in the PRC. The Group has been supplying Relevant Products to Butterfly for a long time as Butterfly has a stable demand for Relevant Products. As Butterfly is in the progress of further expanding its business, the Directors believe that the establishment of long-term cooperation relationship with Butterfly contributes to the stabilization of the Group’s operation, and enables the Group to fully utilize its production capacity and factory area, as well as enhances the income stream of the Group. Given the aforesaid and after taking into account the terms of the Supply Agreement, the Directors (including the independent non-executive Directors, but excluding Mr. Xx, who has a material interest in the Supply Agreement and has abstained from voting in favour of the Board resolution for approving the same) consider that the Supply Agreement was entered into on normal commercial terms whi...
Historical transactionsIn accordance with the retainer agreement dated March 5, 2020, between Occasions and MGMGP, Occasions agreed to provide the following services to the Group: project management and client servicing and reporting; brand consultancy and marketing; public relations and media relations; KOL, celebrities and VIP customer relationship building; social media campaign creative and execution; new and current partnership, co-brand opportunities identification and collaboration (brands, tenants, art, retail space, restaurants, spectacle or theatre); campaign activations; retail marketing; casino marketing. The retainer agreement commenced on February 1, 2020, was valid up to December 31, 2020 and will be renewed for an additional period. The MGM Group and the Occasions Group have entered into certain other agreements for determined Services with details of the service scope and fees determined after arm’s length negotiations between the relevant member(s) of the MGM Group and the relevant member(s) of the Occasions Group by reference to prevailing market prices and on normal commercial terms.
Historical transactionsThe Group did not place any Bank Deposit with WLB for the year ended 31 March 2018.

Related to Historical transactions

  • Principal Transactions In connection with purchases or sales of securities for the account of a Fund, neither the Adviser nor any of its directors, officers or employees will act as a principal or agent or receive any commission except as permitted by the 1940 Act.

  • Material Transactions Prior to the Closing, no Party will (other than (i) as contemplated by the terms of this Agreement and the Related Agreements, (ii) with respect to transactions for which there is a binding commitment existing prior to the date hereof disclosed in the Disclosure Schedules, and (iii) transactions described on Schedule 7.3 which do not vary materially from the terms set forth on such Schedule 7.3, or in the Ordinary Course of Business without first obtaining the written consent of the other Parties): (a) declare or pay any dividend or make any other distribution to shareholders, whether in cash, stock or other property; (b) amend its Governing Documents or enter into any agreement to merge or consolidate with, or sell a significant portion of its assets to, any other Person; (c) except pursuant to options, warrants, conversion rights or other contractual rights, issue any shares of its capital stock or any options, warrants or other rights to subscribe for or purchase such common or other capital stock or any securities convertible into or exchangeable for any such common or other capital stock; (d) directly redeem, purchase or otherwise acquire any of its common or other capital stock; (e) effect a reclassification, recapitalization, split-up, exchange of shares, readjustment or other similar change in or to any capital stock or otherwise reorganize or recapitalize; (f) enter into any employment contract which is not terminable upon notice of ninety (90) days or less, at will, and without penalty except as provided herein or grant any increase (other than ordinary and normal increases consistent with past practices) in the compensation payable or to become payable to officers or salaried employees, grant any stock options or, except as required by law, adopt or make any change in any bonus, insurance, pension or other Employee Benefit Plan, agreement, payment or agreement under, to, for or with any of such officers or employees; (g) make any payment or distribution to the trustee under any bonus, pension, profit sharing or retirement plan or incur any obligation to make any such payment or contribution which is not in accordance with such Party’s usual past practice, or make any payment or contributions or incur any obligation pursuant to or in respect of any other plan or contract or arrangement providing for bonuses, options, executive incentive compensation, pensions, deferred compensation, retirement payments, profit sharing or the like, establish or enter into any such plan, contract or arrangement, or terminate or modify any plan; (h) prepay any debt in excess of Twenty-Five Thousand Dollars ($25,000), borrow or agree to borrow any amount of funds except in the Ordinary Course of Business or, directly or indirectly, guarantee or agree to guarantee obligations of others, or fail to pay any monetary obligation in a timely manner prior to delinquency; (i) enter into any agreement, contract or commitment having a term in excess of three (3) months or involving payments or obligations in excess of Twenty-Five Thousand Dollars ($25,000) in the aggregate, except in the Ordinary Course of Business; (j) amend or modify any material Contract; (k) agree to increase the compensation or benefits of any employee (except for normal annual salary increases in accordance with past practices); (l) place on any of its assets or properties any pledge, charge or other Encumbrance, except as otherwise authorized hereunder, or enter into any transaction or make any contract or commitment relating to its properties, assets and business, other than in the Ordinary Course of Business or as otherwise disclosed herein; (m) guarantee the obligation of any person, firm or corporation, except in the Ordinary Course of Business; (n) make any loan or advance in excess of Twenty-Five Thousand Dollars ($25,000) or cancel or accelerate any material indebtedness owing to it or any claims which it may possess or waive any material rights of substantial value; (o) sell or otherwise dispose of any Real Property or any material amount of any tangible or intangible personal property other than leasehold interests in closed facilities, except in the Ordinary Course of Business; (p) commit any act or fail to do any act which will cause a Breach of any Contract and which will have a Material Adverse Effect on its business, financial condition or earnings; (q) violate any Applicable Law which violation might have a Material Adverse Effect on such Party; (r) purchase any real or personal property or make any other capital expenditure where the amount paid or committed is in excess of Twenty-Five Thousand Dollars ($25,000) per expenditure; (s) except in the Ordinary Course of Business, enter into any agreement or transaction with any of such Party’s Affiliates; or (t) engage in any transaction or take any action that would render untrue in any material respect any of the representations and warranties of such Party contained in this Agreement, as if such representations and warranties were given as of the date of such transaction or action.

  • Unusual Transactions All Accounts have been originated by the Grantors and all Inventory has been acquired by the Grantors in the ordinary course of business.

  • Manual Transactions If the parties choose not to use Fund/SERV, if there are technical problems with Fund/SERV, or if the parties are not able to transmit or receive information through Fund/SERV, any corrections to a Portfolio’s prices should be communicated by facsimile or by electronic transmission, and will include for each day on which an adjustment has occurred the incorrect Portfolio price, the correct price, and, to the extent communicated to Portfolio shareholders, the reason for the adjustment. The Company may send this notification or a derivation thereof to Contract owners whose Contracts are affected by the adjustment.

  • Portfolio Transactions The Manager is authorized to select the brokers or dealers that will execute the purchases and sales of portfolio securities for the Portfolio and is directed to use its best efforts to obtain the best available prices and most favorable executions, except as prescribed herein. It is understood that the Manager will not be deemed to have acted unlawfully, or to have breached a fiduciary duty to the Fund or to the Portfolio, or be in breach of any obligation owing to the Fund or to the Portfolio under this Agreement, or otherwise, solely by reason of its having caused the Portfolio to pay a member of a securities exchange, a broker, or a dealer a commission for effecting a securities transaction for the Portfolio in excess of the amount of commission another member of an exchange, broker, or dealer would have charged if the Manager determines in good faith that the commission paid was reasonable in relation to the brokerage or research services provided by such member, broker, or dealer, viewed in terms of that particular transaction or the Manager’s overall responsibilities with respect to its accounts, including the Fund, as to which it exercises investment discretion. The Manager will promptly communicate to the officers and directors of the Fund such information relating to transactions for the Portfolio as they may reasonably request.

  • Off-Balance Sheet Transactions There is no transaction, arrangement or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off-balance sheet entity which is required to be disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus (other than as disclosed therein).

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.

  • Fund/SERV Transactions If the parties choose to use the National Securities Clearing Corporation’s Mutual Fund Settlement, Entry and Registration Verification (“Fund/SERV”) or any other NSCC service, the following provisions shall apply: The Company and the Fund or its designee will each be bound by the rules of the National Securities Clearing Corporation (“NSCC”) and the terms of any NSCC agreement filed by it or its designee with the NSCC. Without limiting the generality of the following provisions of this section, the Company and the Fund or its designee will each perform any and all duties, functions, procedures and responsibilities assigned to it and as otherwise established by the NSCC applicable to Fund/SERV, the Mutual Fund Profile Service, the Networking Matrix Level utilized and any other relevant NSCC service or system (collectively, the “NSCC Systems”). Any information transmitted through the NSCC Systems by any party or its designee to the other or its designee and pursuant to this Agreement will be accurate, complete, and in the format prescribed by the NSCC. Each party or its designee will adopt, implement and maintain procedures reasonably designed to ensure the accuracy of all transmissions through the NSCC Systems and to limit the access to, and the inputting of data into, the NSCC Systems to persons specifically authorized by such party. On each day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC (“Business Day”), the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company by the close of the New York Stock Exchange (generally, 4:00 p.m. Eastern Time) (the “Close of Trading”) on the Business Day. The Company shall communicate to the Fund or its designee for that Business Day, by Fund/SERV, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on such Business Day (the “Trade Date”) no later than 7:00 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) (the “Fund/SERV Transactions Deadline”) on the Business Day following the Trade Date. All such aggregated orders communicated to the Fund or its designee by the Fund/SERV Transactions Deadline on the Business Day following the Trade Date shall be treated by the Fund or its designee as if received prior to the Close of Trading on the Trade Date. All orders received by the Company after the Close of Trading on a Business Day shall not be aggregated with Orders received by the Company prior to the Close of Trading on such Business Day and shall be communicated to BRIL or its designee as part of an aggregated order no sooner than after the FUND/SERV Transactions Deadline or such other time as may be agreed by the parties from time to time) the following Business Day. Cash settlement shall be transmitted pursuant to the normal NSCC settlement process. In the case of delayed settlement, the Fund or its designee shall make arrangements for the settlement of redemptions by wire no later than the time permitted for settlement of redemption orders by the 1940 Act. Unless otherwise informed in writing, such redemption wires should be sent to an account specified by the Company and agreed to by Fund Parties.

  • Additional Transactions If the Over-Allotment Option is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional 3,000,000 Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and commissions and Structuring Fee, and the Partnership shall use the net proceeds from that exercise to redeem from Field Services the number of Common Units issued upon such exercise.

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1: