INFORMATION OF THE LAND Sample Clauses

INFORMATION OF THE LAND. The Land is a plot of freehold land measuring approximately 1.218 acre (currently identified as Penang Times Square, Phase 4) and forming part of the land held under a master title known as Geran 172694, Lot 10024, Seksyen 10, Bandar Xxxxxx Town, Daerah Timur Laut, Pulau Pinang measuring approximately 4.922 hectares (approximately 12.1625 acres) in area. IGSB is the registered proprietor of the Land. The Master Land is currently subject to the conditions and restrictions stated in the master title as follows: - (a) Category of land use: Bangunan (Building)
Sample 1
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INFORMATION OF THE LAND. The JV Company is the owner of the Land, a parcel of land numbered CPPQ-A-3 located in Xxxxxxxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxxxx Xxxx, Xxxxxxxxx Xxxxxxxx, the PRC. The site area of the Land is approximately 72,000 square meters, with a plot ratio of 1.0 to 2.5. The Land is permitted for residential development and the term of grant is 70 years. The Land was acquired through public auction at a purchase price of RMB2,247,010,000 (equivalent to approximately HK$2,502,270,336) in December 2018, which has been fully settled. The Group is principally engaged in real estate development, specialised construction, property investment and securities investment. It is believed that the Deemed Disposal will bring in investor and hence improve the JV Company’s capital efficiency and strengthen its financial position. The Directors (including the independent non-executive Directors) considered that the Capital Injection Agreement, which has been entered into after arm’s length negotiation between the parties, is on normal commercial terms, and the terms thereof are fair and reasonable and in the interests of the Company and the Shareholders as a whole. None of the Directors has a material interest in the transactions contemplated under the Capital Injection Agreement and none of them is required to abstain, or has abstained, from voting on the relevant board resolutions approving the transactions contemplated under the Capital Injection Agreement. The joint venture arrangement in respect of the JV Company, being a single purpose vehicle to develop the Land for residential purpose for sale, was, among other things, made on an arm’s length basis on normal commercial terms, and accordingly, the formation of joint venture will be exempt from reporting, announcement and shareholders’ approval requirements under Rule 14.04(1)(f) of the Listing Rules. As one of the applicable percentage ratios under Rule 14.07 of the Listing Rules in relation to the admission of the Investor to contribute 49% of the registered capital of the JV Company exceeds 25% but all applicable percentage ratios are below 75%, the Deemed Disposal constitutes a major transaction for the Company subject to reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules. To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, no Shareholder is required to abstain from voting if the Company were to convene a general meeting f...
Sample 1
INFORMATION OF THE LAND. The Land is located at Jalan Ampang Kiri, off Jalan Ampang next to a government high school, and is accessible to all parts of Klang Valley xxx Xxxxx Xxx Xxxxx, Xxxxxx Xxxxx Xxxxxx Elevated Highway (“AKLEH”), Duta-Ulu Kelang Expressway (“DUKE”), Kuala Lumpur Middle Ring Road II (“MRR2”), Stormwater Management and Road Tunnel (“SMART”) highway and Maju Expressway (“MEX”). It is also close to several light rail transit stations. Currently, the Land is vacant without any building erected over it. The amenities within the vicinity of the Land comprise Great Eastern Mall, Suria KLCC, Pavilion KL, Starhill Gallery, Ampang Puteri Specialist, Gleneagles Intan Medical Centre and Institute Flamingo. As at the LPD, the details of the Land are set out below: Postal Address : Xxx 00000, Xxxxxxx 0, Xxxx 0, Xxxxx Xxxxxx, Xxxx of Ulu Kelang, District of Gombak, State of Selangor Title no. : Pajakan Mukim 6395 Land tenure : Leasehold interest for ninety (99) years expiring on 25 January 2094 with an unexpired term of approximately eighty-one (81) years Land area : 22,934 sq. m. (or equivalent to approximately 246,860 sq. ft.) Category of land use : Building Proposed usage : For the Proposed Development as set out in Section 2.2.4 of this Announcement Approvals obtained for the Proposed Development : Planning Approval Obtained from Majlis Perbandaran Ampang Jaya on 4 July 2013 Latest audited net book value of the Land : The information is not made available as the Board is not privy to such information Market value of the Land appraised by PA International Property Consultants (KL) Sdn Bhd (“PA International”) : Average RM510 per sq. ft. or equivalent to approximately RM126,000,000 using the comparison method of valuation Encumbrances : The Land is charged to United Overseas Bank (Malaysia) Bhd (“Existing Chargee”) on 11 June 2013 (“Existing Charge”) Express conditions : Apartment and serviced apartment Restriction-in-interest : The Land cannot be transferred, leased or charged except with the consent of the state authorities
Sample 1
INFORMATION OF THE LAND. The Land, which comprises Land Phase 1, Land Phase 2 and Water-surfaced Land Number 2 situated at 惠 州 市 博 羅 縣 麥 田 嶺 (Mai Xxxx Xxxx, Boluo County, Huizhou City, the PRC), is planned to be used for residential development of low-rise and high-rise units in Huizhou (the "Project"). Preliminary design and planning of the Project and construction on Land Phase 1 Section 1 and Land Phase 1 Section 2 are underway. Pre-sale for the first phase of the Project has been launched in the second quarter of 2012. The construction work in respect of Land Phase 1 Section 1 and Land Phase 1 Section 2 is expected to be completed in 2012.
Sample 1
INFORMATION OF THE LAND. The Land is situated at 惠州市博羅縣麥田嶺 (Mai Xxxx Xxxx, Boluo County, Huizhou City, the PRC), which includes Land Phase 1, Land Phase 2 and Water-surfaced Land Number 2 with a total area of approximately 1,875 mu. According to the relevant State-owned Construction Land Use Right Transfer Agreements (國有建設用地使用權出讓合同), the Land Phase 1 Section 1 and Land Phase 1 Section 2 shall be used for residential purpose for a period of 70 years. The Target Company intends to bid for Land Phase 1 Section 3 and Land Phase 2 Section 1 and acquire the independent land use right of Water-surfaced Land Number 2.
Sample 1
INFORMATION OF THE LAND. The Land is situated at the northwest of the intersection of Jinchao Avenue and Beiwaihuan Road and south of Juzhangshan Road in the Chaohu Economic Development Zone, Heifei, Anhui Province, the PRC (中國安徽省合肥市巢湖經開區金巢大道北外環路交口西北側、岠嶂山路以南). The Land has a total site area of 413,878.66 sq.m. and an estimated gross floor area of approximately 460,400 sq.m. The Land is designated for commercial and residential usage with a term of 40 and 70 years, respectively. The Land is close to the Chaohu City Hall* (巢湖市政府), the Chaohu train station and is located in the close vicinity of the only national tourism resort in Anhui Province (Chaohu Bantang Hot Spring Resort in Hefei City), surrounded by some of the famous local attraction sites. The Land is expected to be developed as an international high-quality hot spring destination, which includes, but not limited to, residential properties, hotels, water park and commercial street.
Sample 1
INFORMATION OF THE LAND. The Land is located at Jixi City, Heilongjiang, the PRC with aggregate site area of approximately 153,911 sq.m. for residential usage. It was originally proposed that the Land and two other parcels of land would be developed into a residential development by three phases with an estimated total GFA of approximately 679,568 sq.m. in which GFA of approximately 139,450 sq.m. would be designated for Affordable Houses to be built for the local government. The first phase was originally expected to be available for pre-sale in the second half of 2015 and the whole development was originally expected to be completed in 2017. Prior to Completion, Hengxiang Development had fully paid the land premium and obtained the land use rights in respect of Land 1 and Land 2. As at the date of the Agreement, Hengxiang Development had completed construction on Land 1 for GFA of approximately 29,000 sq.m. out of a total GFA of approximately 100,121 sq.m and completed construction on Land 2 for GFA of approximately 64,000 sq.m. out of a total GFA of approximately 138,297 sq.m.. The construction work on Land 1 and Land 2 by Hengxiang Development had been suspended since end of 2019. Hengxiang Development had only commenced preliminary construction work on Land 3 and Land 4 given that the land premium had not been paid and the land use rights had not been obtained. The book value of the Land to the Group was approximately RMB563,602,000 (equivalent to approximately HK$677,487,000) as at the Completion Date.
Sample 1
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INFORMATION OF THE LAND a) NMSB is the registered proprietor of all of the following ninety-nine (99) years of leasehold land expiring on 7 June 2109 (hereinafter collectively referred to as “the Development Lands”):- i) HSD 482930 PTB 22841, Bandar Johor Bahru, Daerah Johor Bahru measuring approximately 10076.7 square meters; and ii) HSD 482931 PTB 22842, Bandar Johor Bahru, Daerah Johor Bahru measuring approximately 41399.5 square meters. b) The Development Lands are currently vacant and being charged to HSBC Bank Malaysia Berhad. The net book value is RM108,831,453 based on the latest audited financial statements as at 31 December 2021. c) The land usage category of the Development Lands as endorsed on the issue document of title states that the Development Lands are to be used for “Bangunan Bertingkat bagi tujuan Komersil”. d) The title to the Development Lands are subject to the following restriction in interest:- i) Tuanpunya tanah tidak dibenarkan menawar atau menjualkan unit-unit (parcel) bangunan yang akan dibina di atas tanah ini melainkan bangunan telah mula dibina mengikut xxxxx xxxx diluluskan oleh Pihak Berkuasa Negeri; ii) Xxxxx-xxxxx bangunan yang didirikan di atas tanah ini apabila sahaja bertukar miliknya kepada seorang Bumiputera/Syarikat Bumiputera maka tidak boleh terkemudian daripada itu dijual, dipajak atau dipindahmilik daripada apa cara sekalipun kepada orang bukan Bumiputera/Syarikat Bumiputera tanpa persetujuan Pihak Berkuasa Negeri; iii) Xxxxx-xxxxx bangunan yang didirikan di atas tanah ini tidak boleh dijual atau dipindahmilik dengan apa cara sekalipun kepada bukan warganegara/syarikat asing tanpa persetujuan Pihak Berkuasa Negeri.” e) The Parties are desirous of entering into a JVA to undertake a multiple phased mixed-use development consisting of service apartments and retail units (hereinafter referred to as the “Project”) on the Development Lands strictly on the basis that NMSB shall contribute the Development Lands and the Developer shall have the exclusive and absolute rights over the Development Lands free from encumbrances, caveats, liens, squatters, occupiers, encroachment and other restraints with vacant possession as if the Developer is the absolute legal, beneficial owner and registered proprietor of the Development Lands, to plan, execute, construct, develop, manage and sell the Project in accordance with the relevant approvals, licenses, layout and building plans in connection with the Project, subject strictly to the terms and condition...
Sample 1

Related to INFORMATION OF THE LAND

  • INFORMATION OF THE PARTIES Information of the Company Information of the Lessees

  • Access to Protected Information If BA maintains a designated record set on behalf of CE, BA shall make Protected Information maintained by BA or its agents or subcontractors in Designated Record Sets available to CE for inspection and copying within five (5) days of a request by CE to enable CE to fulfill its obligations under state law [Health and Safety Code Section 123110] and the Privacy Rule, including, but not limited to, 45 C.F.R. Section 164.524 [45 C.F.R. Section 164.504(e)(2)(ii)(E)]. If BA maintains Protected Information in electronic format, BA shall provide such information in electronic format as necessary to enable CE to fulfill its obligations under the HITECH Act and HIPAA Regulations, including, but not limited to, 42 U.S.C. Section 17935(e) and 45 C.F.R. Section 164.524.

  • Protection of Trade Secrets or Confidential Information If the Contractor considers any portion of materials made or received in the course of performing the Contract (“contract-related materials”) to be trade secret under section 688.002 or 812.081, F.S., or otherwise confidential under Florida or federal law, the Contractor must clearly designate that portion of the materials as trade secret or otherwise confidential when submitted to the Department. The Contractor will be responsible for responding to and resolving all claims for access to contract-related materials it has designated trade secret or otherwise confidential. If the Department is served with a request for discovery of contract-related materials designated by the Contractor as trade secret or otherwise confidential, the Contractor will be responsible for filing the appropriate motion or objection in response to the request for discovery. The Department will provide materials designated trade secret or otherwise confidential if the Contractor fails to take appropriate and timely action to protect the materials designated as trade secret or otherwise confidential. The Contractor will protect, defend, indemnify, and hold harmless the Department for claims, costs, fines, and attorney’s fees arising from or relating to its designation of contract-related materials as trade secret or otherwise confidential.

  • Confidential Information Protections 4.1 At all times during and after the Employee’s employment, the Employee will hold in confidence and will not disclose, use, lecture upon, or publish any of Company’s Confidential Information (defined below), except as may be required in connection with the Employee’s work for Company, or as expressly authorized by the Board. The Employee will obtain the written approval of the Board before publishing or submitting for publication any material (written, oral, or otherwise) that relates to the Employee’s work at Company and/or incorporates any Confidential Information. The Employee hereby assigns to Company any rights the Employee may have or acquire in any and all Confidential Information and recognize that all Confidential Information shall be the sole and exclusive property of Company and its assigns.

  • Unauthorised Use of Intellectual Property a) The Supplier/Service Provider agrees to notify Transnet in writing of any conflicting uses of, and applications of registrations of Patents, Designs and Trade Marks or any act of infringement, unfair competition or passing off involving the Intellectual Property of Transnet of which the Supplier/Service Provider acquires knowledge and Transnet shall have the right, as its own option, to proceed against any party infringing its Intellectual Property. b) It shall be within the sole and absolute discretion of Transnet to determine what steps shall be taken against the infringer and the Supplier/Service Provider shall co-operate fully with Transnet, at Transnet’s cost, in whatever measure including legal action to bring any infringement of illegal use to an end. c) The Supplier/Service Provider shall cooperate to provide Transnet promptly with all relevant ascertainable facts. d) If proceedings are commenced by Transnet alone, Transnet shall be responsible for all expenses but shall be entitled to all damages or other awards arising out of such proceedings. If proceedings are commenced by both Parties, both Parties will be responsible for the expenses and both Parties shall be entitled to damages or other awards arising out of proceedings.

  • Proprietary Information of the Trust GFS acknowledges that the Shareholder list and all information related to shareholders furnished to GFS by the Trust or by a shareholder in connection with this Agreement (collectively, “Customer Data”) all information regarding the Trust portfolios, arrangements with brokerage firms, compensation paid to or by the Trust, trading strategies and all such related information (collectively, Trust Proprietary Information”) constitute proprietary information of substantial value to the Trust. In no event shall GFS Proprietary Information be deemed Trust Proprietary Information or Customer Data. GFS agrees to treat all Trust Proprietary Information and Customer Data as proprietary to the Trust and further agrees that it shall not divulge any Trust Proprietary Information or Customer Data to any person or organization except as may be provided under this Agreement or as may be directed by the Trust or as may be duly requested by regulatory authorities.

  • Return or Destruction of Confidential Information If an Interconnection Party provides any Confidential Information to another Interconnection Party in the course of an audit or inspection, the providing Interconnection Party may request the other party to return or destroy such Confidential Information after the termination of the audit period and the resolution of all matters relating to that audit. Each Interconnection Party shall make Reasonable Efforts to comply with any such requests for return or destruction within ten days of receiving the request and shall certify in writing to the other Interconnection Party that it has complied with such request.

  • CONFIDENTIAL NATURE OF DOCUMENTS AND INFORMATION Information and data that is considered proprietary by either Party, and that is delivered or disclosed by one Party (“Discloser”) to the other Party (“Recipient”) during the course of performance of the Contract, and that is designated as confidential (“Information”), shall be held in confidence by that Party and shall be handled as follows: 13.1 The recipient (“Recipient”) of such information shall: 13.1.1 use the same care and discretion to avoid disclosure, publication or dissemination of the Discloser’s Information as it uses with its own similar information that it does not wish to disclose, publish or disseminate; and, 13.1.2 use the Discloser’s Information solely for the purpose for which it was disclosed. 13.2 Provided that the Recipient has a written agreement with the following persons or entities requiring them to treat the Information confidential in accordance with the Contract and this Article 13, the Recipient may disclose Information to: 13.2.1 any other party with the Discloser’s prior written consent; and, 13.2.2 the Recipient’s employees, officials, representatives and agents who have a need to know such Information for purposes of performing obligations under the Contract, and employees officials, representatives and agents of any legal entity that it controls, controls it, or with which it is under common control, who have a need to know such Information for purposes of performing obligations under the Contract, provided that, for these purposes a controlled legal entity means: 13.2.2.1 a corporate entity in which the Party owns or otherwise controls, whether directly or indirectly, over fifty percent (50%) of voting shares thereof; or, 13.2.2.2 any entity over which the Party exercises effective managerial control; or, 13.2.2.3 for the UNDP, an affiliated Fund such as UNCDF, UNIFEM and UNV. 13.3 The Contractor may disclose Information to the extent required by law, provided that, subject to and without any waiver of the privileges and immunities of the United Nations, the Contractor will give the UNDP sufficient prior notice of a request for the disclosure of Information in order to allow the UNDP to have a reasonable opportunity to take protective measures or such other action as may be appropriate before any such disclosure is made. 13.4 The UNDP may disclose Information to the extent as required pursuant to the Charter of the UN, resolutions or regulations of the General Assembly, or rules promulgated by the Secretary-General. 13.5 The Recipient shall not be precluded from disclosing Information that is obtained by the Recipient from a third party without restriction, is disclosed by the Discloser to a third party without any obligation of confidentiality, is previously known by the Recipient, or at any time is developed by the Recipient completely independently of any disclosures hereunder. 13.6 These obligations and restrictions of confidentiality shall be effective during the term of the Contract, including any extension thereof, and, unless otherwise provided in the Contract, shall remain effective following any termination of the Contract.

  • Confidential Information and Intellectual Property (a) Other than in the performance of the Executive’s duties hereunder, the Executive agrees not to use in any manner or disclose, distribute, publish, communicate or in any way cause to be used, disclosed, distributed, published, or communicated in any way or at any time, either while in the Company's employ or at any time thereafter, to any person not employed by the Company, or not engaged to render services to the Company, any Confidential Information (as defined below) obtained while in the employ of the Company. (b) Confidential Information includes any written or unwritten information which relates to and/or is used by the Company or its subsidiaries, affiliates or divisions, including, without limitation (i) the names, addresses, buying habits and other special information regarding past, present and potential customers, employees and suppliers of the Company, (ii) customer and supplier contracts and transactions or price lists of the Company and suppliers, (iii) methods of distribution, (iv) all agreements, files, books, logs, charts, records, studies, reports, processes, schedules and statistical information, (v) data, figures, projections, estimates, pricing data, customer lists, buying manuals or procedures, distribution manuals or procedures, other policy and procedure manuals or handbooks, (vi) supplier information, tax records, personnel histories and records, sales information, and property information, (vii) information regarding the present or future phases of business, (viii) ideas, inventions, trademarks, business information, know-how, processes, techniques, improvements, designs, redesigns, creations, discoveries, trade secrets, and developments, (ix) all computer software licensed or developed by the Company or its subsidiaries, affiliates or divisions, computer programs, computer-based and web-based training programs, and systems, and (x) finances and financial information, but Confidential Information will not include information of the Company or its subsidiaries, affiliates or divisions that (1) became or becomes a matter of public knowledge through sources independent of the Executive, (2) has been or is disclosed by the Company or its subsidiaries, affiliates or divisions without restriction on its use, or (3) has been or is required or specifically permitted to be disclosed by law or governmental order or regulation. The Executive also agrees that, if there is any reasonable doubt whether an item is public knowledge, to not regard the item as public knowledge until and unless the Company’s Chief Executive Officer confirms to the Executive that the information is public knowledge. (c) The provisions of this Section 5 shall not preclude the Executive from disclosing such information to the Executive's professional tax advisor or legal counsel solely to the extent necessary to the rendering of their professional services to the Executive if such individuals agree to keep such information confidential. (d) The Executive agrees that upon leaving the Company’s employ the Executive will remain reasonably available to answer questions from Company officers regarding the Executive’s former duties and responsibilities and the knowledge the Executive obtained in connection therewith. (e) The Executive agrees that upon leaving the Company's employ the Executive will not communicate with, or give statements to, any member of the media (including print, television, or radio media) relating to any matter (including pending or threatening lawsuits or administrative investigations) about which the Executive has knowledge or information (other than knowledge or information that is not Confidential Information) as a result of employment with the Company. The Executive further agrees to notify the Chief Executive Officer or his or her designee immediately after being contacted by any member of the media with respect to any matter affected by this section. (f) The Executive agrees that all information, inventions, and discoveries, whether or not patented or patentable, made or conceived by the Executive, either alone or with others, at any time while employed by the Company, which arises out of such employment or is pertinent to any field of business or research in which, during such employment, the Company, its subsidiaries, affiliates or divisions is engaged or (if such is known to or ascertainable by the Executive) is considering engaging (“Intellectual Property”) shall (i) be and remain the sole property of the Company and the Executive shall not seek a patent with respect to such Intellectual Property without the prior consent of an authorized representative of the Company and (ii) be disclosed promptly to an authorized representative of the Company along with all information the Executive possesses with regard to possible applications and uses. Further, at the request of the Company, and without expense or additional compensation to the Executive, the Executive agrees to execute such documents and perform such other acts as the Company deems necessary to obtain patents on such Intellectual Property in a jurisdiction or jurisdictions designated by the Company, and to assign to the Company or its designee such Intellectual Property and all patent applications and patents relating thereto. (g) The Executive and the Company agree that the Executive intends all original works of authorship within the purview of the copyright laws of the United States authored or created by the Executive in the course of the Executive’s employment with the Company will be works for hire within the meaning of such copyright law. (h) Upon termination of the Executive’s employment, or at any time upon request of the Company, the Executive will return to the Company all Confidential Information and Intellectual Property, in any form, including but not limited to letters, memoranda, reports, notes, notebooks, books of account, drawings, prints, specifications, formulae, data printouts, microfilms, magnetic tapes, disks, recordings, documents, and all copies thereof.

  • Access; Information (a) Each of the Company and the Acquiror agrees that upon reasonable notice and subject to applicable laws relating to the exchange of information, it shall afford the other party and the other party's officers, employees, counsel, accountants and other authorized representatives, such access during normal business hours throughout the period prior to the Effective Time to the books, records (including, without limitation, tax returns and work papers of independent auditors), properties, personnel and to such other information as any party may reasonably request and, during such period, it shall furnish promptly to such other party (i) a copy of each material report, schedule and other document filed by it pursuant to the requirements of federal or state securities or banking laws, and (ii) all other information concerning the business, properties and personnel of it as the other may reasonably request. (b) Each of the Company and the Acquiror agrees that it will not, and will cause its representatives not to, use any information obtained pursuant to this Section 5.05 for any purpose unrelated to the consummation of the transactions contemplated by this Agreement. Subject to the requirements of law, each party will keep confidential, and will cause its representatives to keep confidential, all information and documents obtained pursuant to this Section 6.05 unless such information (i) was already known to such party, (ii) becomes available to such party from other sources not known by such party to be bound by a confidentiality obligation, (iii) is disclosed with the prior written approval of the party to which such information pertains or (iv) is or becomes readily ascertainable from published information or trade sources. In the event that this Agreement is terminated or the transactions contemplated by this Agreement shall otherwise fail to be consummated, each party shall promptly cause all copies of documents or extracts thereof containing information and data as to another party hereto to be returned to the party which furnished the same. No investigation by either party of the business and affairs of the other shall affect or be deemed to modify or waive any representation, warranty, covenant or agreement in this Agreement, or the conditions to either party's obligation to consummate the transactions contemplated by this Agreement.

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