Taxes and Fees Imposed on Providing Party But Passed On To Purchasing Party 11.4.1 Taxes and fees imposed on the providing Party, which are permitted or required to be passed on by the providing Party to its customer, shall be borne by the purchasing Party.
CONTINUING CONNECTED TRANSACTIONS FRAMEWORK COOPERATION AGREEMENT Reference is made to the Announcement dated 19 February 2021 in relation to the Existing Framework Agreements and the continuing connected transactions contemplated thereunder. FRAMEWORK COOPERATION AGREEMENT The Board announces that on 2 July 0000, Xxxxxxxxx Xxxxxxxxx, an indirect wholly-owned subsidiary of the Company, entered into the Framework Cooperation Agreement with CLIZ in respect of the provision of the Medical & Healthcare Services by Townsfolk Group to CLIZ or its staff and clients. IMPLICATIONS UNDER THE LISTING RULES As at the date of this announcement, (i) CLIZ is a branch of CLIC and CLIG is a controlling shareholder of CLIC; and (ii) CLIG holds approximately 23.72% of the Shares and is a substantial shareholder of the Company and thus a connected person of the Company. As such, CLIZ (being a branch of CLIC) is also a connected person of the Company and the transactions contemplated under the Framework Cooperation Agreement constitute continuing connected transactions of the Company for the purpose of Chapter 14A of the Listing Rules. Pursuant to Rule 14A.81 of the Listing Rules, the continuing connected transactions contemplated under the Framework Cooperation Agreement are required to be aggregated with the continuing connected transactions contemplated under the Existing Framework Agreements as the Framework Cooperation Agreement and the Existing Framework Agreements were entered into by the Group with CL Group. As the applicable percentage ratios relating to the New Medical Related Services Annual Caps exceed 0.1% but are less than 5%, the continuing connected transactions in relation to the provision of the Medical Related Services by the Group under the Existing Framework Agreements and the Framework Cooperation Agreement are subject to the reporting, announcement and annual review requirements but are exempt from independent shareholders’ approval requirement under Chapter 14A of the Listing Rules. Reference is made to Announcement dated 19 February 2021 in relation to the Existing Framework Agreements and the continuing connected transactions contemplated thereunder. FRAMEWORK COOPERATION AGREEMENT The Board announces that on 2 July 0000, Xxxxxxxxx Xxxxxxxxx, an indirect wholly-owned subsidiary of the Company, entered into the Framework Cooperation Agreement with CLIZ in respect of the provision of the Medical & Healthcare Services by Townsfolk Group to CLIZ or its staff and clients. Major terms of the Framework Cooperation Agreement are as follows: Date of the Framework Cooperation Agreement 2 July 2021 Parties
Settlement of Dispute Any disputes under the Agreement shall be settled at first through friendly consultation between the parties hereto. In case no settlement can be reached through consultation, each party shall have the right to submit such disputes to China International Economic and Trade Arbitration Commission in Beijing. The Place of arbitration is Beijing. The arbitration award shall be final and binding on both parties.
Settlement of Investment Disputes between a Contracting Party and an Investor of the other Contracting Party
Taxes and Fees Imposed Directly On Either Providing Party or Purchasing Party 11.2.1 Taxes and fees imposed on the providing Party, which are not permitted or required to be passed on by the providing Party to its customer, shall be borne and paid by the providing Party.
Withdrawal of Property from Market or Termination of Discussions Potential Investor acknowledges that the Property has been offered for sale subject to withdrawal of the Property from the market at any time or rejection of any offer because of the terms thereof, or for any other reason whatsoever, without notice, as well as the termination of discussions with any party at any time without notice for any reason whatsoever.
Settlement of Disputes between an Investor and a Contracting Party
Settlement of Disputes between the Contracting Parties 1. Disputes between the Contracting Parties concerning the interpretation or application of this Agreement should, if possible, be settled through diplomatic channels.