LEASE FRAMEWORK AGREEMENT Sample Clauses

LEASE FRAMEWORK AGREEMENT. The Group has been leasing various office premises in the Properties to the COLI Group, among which certain leases will expire on 31 October 2023. Such existing leases constituted continuing connected transactions of the Company, which in aggregate was de minimis. As the number of premises available for lease by the Group to the COLI Group and the total rent payable under such leases are expected to increase, on 31 October 2023, the Company and COLI entered into the Lease Framework Agreement, pursuant to which members of the COLI Group (as lessee) may lease Properties from members of the Group (as lessor) during the term of three years, commencing from 1 November 2023 and ending on 31 October 2026 (both dates inclusive), subject to the terms of the Lease Framework Agreement and the Caps. Principal terms of the Lease Framework Agreement are summarised as follows: 31 October 2023
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LEASE FRAMEWORK AGREEMENT. Pursuant to the 2021 Lease Framework Agreement, the Company and COSCO SHIPPING agreed to provide each other’s group (and/or the associates of COSCO SHIPPING) with the Leasing Services.
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LEASE FRAMEWORK AGREEMENT. On 21 May 2020 (after trading hours), the Company entered into the Lease Framework Agreement with COFCO Feed. Pursuant to the contract terms and conditions of the Lease Framework Agreement, COFCO Feed and/or its subsidiaries agreed to lease the Subject Facilities to the Group for feed production and the Group agreed to rent the Subject Facilities and pay corresponding rent to COFCO Feed and/or its subsidiaries for a term from 21 May 2020 to 31 December 2020. The Lease Framework Agreement constitutes continuing connected transactions of the Company under the Listing Rules. Set out below are the major terms of the Lease Framework Agreement: Date: 21 May 2020 Parties: (i) the Company; and
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LEASE FRAMEWORK AGREEMENT. Reference is made to the Prospectus in relation to the Existing Property Lease Framework Agreement. As the Existing Property Lease Framework Agreement is due to expire on 31 December 2023, on 31 December 2023, the Company, GZYX and Yuexiu Property entered into the Property Lease Framework Agreement with a term commencing from 1 January 2024 to 31 December 2026 to govern the Group’s leases of properties from GZYX, Yuexiu Property and their respective associates which are exempt from recognition as right-of-use assets under HKFRS16. For the avoidance of doubt, the leasing of properties by the Group which have been recognised as right-of-use asset in accordance with HKFRS16 will not be included for the utilisation of the annual caps proposed in respect of the Property Lease Framework Agreement. The principal terms of the Property Lease Framework Agreements are as follows: (ii) GZYX
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LEASE FRAMEWORK AGREEMENT. Principal terms
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LEASE FRAMEWORK AGREEMENT. As TSFL Group (as lessor) has provided Finance Lease Services and Operating Lease Services to China Petrochemical Corporation Group (as lessee) from time to time, and the Company expects that TSFL Group will continue to provide Lease Services to China Petrochemical Corporation Group, TSFL and Sinopec Industry-Finance Holdings entered into the Lease Framework Agreement on 11 May 2023, pursuant to which TSFL Group (as lessor) agreed to provide Lease Services to China Petrochemical Corporation Group (as lessee), from 11 May 2023 to 31 December 2025 (both days inclusive). As TSFL is owned as to 50% by China Petrochemical Corporation, China Petrochemical Corporation is a connected person at the subsidiary level of the Company; as Sinopec Industry-Finance Holdings is a wholly-owned subsidiary of China Petrochemical Corporation, Sinopec Industry-Finance Holdings is also a connected person at the subsidiary level of the Company. Therefore, pursuant to Chapter 14A of the Listing Rules, the Lease Framework Agreement entered into between TSFL and Sinopec Industry-Finance Holdings and the transactions contemplated thereunder constitute continuing connected transactions between the Company and connected persons at the subsidiary level of the Company. According to Rule 14A.101 of the Listing Rules, (i) Sinopec Industry-Finance Holdings and China Petrochemical Corporation Group are connected persons at the subsidiary level of the Company;
Sample 1
LEASE FRAMEWORK AGREEMENT. Pursuant to the Existing Lease Framework Agreement, the Group shall lease the Premise to members of Everbright Group. After taking into account that in the course of the Group’s daily operation, the Group leases and will continue to lease the Premises to members of Everbright Group, and in order to better regulate such transactions, the Company and China Everbright entered into the Lease Framework Agreement on 7 November 2019 in respect of the leases between members of the Group and members of Everbright Group. The Lease Framework Agreement is conditional upon the Independent Shareholders’ approval at the EGM having been obtained. The summary of the principal terms of the Lease Framework Agreement is set forth below: Date: 7 November 2019 Parties: (i) the Company; and (ii) China Everbright.
Sample 1
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Related to LEASE FRAMEWORK AGREEMENT

  • Framework Agreement 4.1.2.1 The Parties shall enter into a Framework Agreement within 28 days after the Contractor receives the Letter of Acceptance, unless the Particular Conditions establish otherwise. The Framework Agreement shall be based upon FORM No. 3 – FRAMEWORK AGREEMENT annexed to the Particular Conditions. The costs of stamp duties and similar charges (if any) imposed by law in connection with entry into the Framework Agreement shall be borne by the Procuring Entity. 4.1.2.2 The Framework Agreement establishes the terms and conditions that will govern the contract awarded during the term of the Framework Agreement. The Framework Agreement establishes for the procurement works by package as and when required, over the specified period of time. The Framework Agreement does not commit a Procuring Entity to procure, nor a Firm to supply. The Framework Agreement allows the Procuring Entity to call the Contractor to commence the works on a particular package in a specified location within the duration of the agreement. 4.1.2.3 This Framework Agreement does not guarantee the contractor of being called for a contract to start and no commitment is made with regard to possible number of packages to carry out. 4.1.2.4 This Framework Agreement does exclude the Procuring Entity from the right to procure the same Works from other firms. 4.1.2.5 This Framework Agreement does not stop the Procuring Entity from removing the contractor from the same Agreement. 4.1.2.6 FAs shall be established for a maximum period of three (3) years. The Procuring Entity may with the Consent of the Contractor extend this Agreement if the agreement period is less than three (3) years, if the initial engagement has been satisfactory. 4.1.2.7 Call-off Contracts; for work on a package to start, the Procuring Entity shall issue a notice of acceptance of a particular package requesting the contractor to furnish a Performance Security and to start the works thereafter, and providing the contractor with details of location where the works, are to be carried out. The call-off statement shall specify the objectives, tasks, deliverables, timeframes and price or price mechanism. The price for individual call-off contracts shall be based on the prices detailed in the Framework Agreement.

  • TERM OF FRAMEWORK AGREEMENT The Framework Agreement shall take effect on the Commencement Date and (unless it is otherwise terminated in accordance with the terms of this Framework Agreement or it is otherwise lawfully terminated) shall terminate at the end of the Term.

  • FRAMEWORK AGREEMENT MANAGEMENT The Parties shall manage this Framework Agreement in accordance with Schedule 14 (Framework Management).

  • SCOPE OF FRAMEWORK AGREEMENT 3.1 This Framework Agreement governs the relationship between the Authority and the Supplier in respect of the provision of the Services by the Supplier to the Authority and to Other Contracting Bodies.

  • Consortium Agreement agreement entered into by and between the Manager and the Contractors, pursuant to Annex X.

  • Client Agreement We are not required to enter into a written agreement complying with the Code relating to the services that are to be provided to you.

  • COMMENCEMENT OF WORK UNDER A SOW AGREEMENT Commencement of work as a result of the SOW-RFP process shall be initiated only upon issuance of a fully executed SOW Agreement and Purchase Order.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Item Agreement As negotiated items are agreed upon, they shall be reduced to writing and initialed by the chief negotiator of each party. Such initialing shall be construed as tentative agreement by both parties on that item or issue, subject to finalization by ratification by the membership of the Association and adoption by the Board.

  • MANAGEMENT AGREEMENT AND FRANCHISE AGREEMENT (a) At or prior to the Closing, Seller shall terminate the Existing Management Agreement and the Existing Franchise Agreement, and Seller shall be solely responsible for all claims and liabilities arising thereunder on, prior to or following the Closing Date, except termination or similar fees, which shall be paid by Buyer. Seller shall be responsible for paying all costs related to the termination of the Existing Management Agreement and Buyer shall be responsible for paying all reasonable and actual costs of the Franchisor related to the assignment or termination, as applicable, of the Existing Franchise Agreement. (b) At Closing, Buyer shall enter into the New Management Agreement in the form attached as Exhibit E and the New Franchise Agreement, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure). (c) Seller shall use best efforts to promptly provide all information required by the Franchisor in connection with the New Franchise Agreement. Prior to the expiration of the Review Period, Buyer and Franchisor shall agree on the form and substance of the New Franchise Agreement. Except as otherwise provided in this Contract, the New Franchise Agreement shall contain such terms and conditions as are acceptable to Buyer in its sole and absolute discretion.

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