MASTER SUPPLY AGREEMENT. MASTER SUPPLY AGREEMENT (the “Agreement”) dated November 1, 2019 (the “Effective Date”) between XXXXXXXX CONSUMER PRODUCTS LLC, a Delaware limited liability company with its headquarters at 0000 Xxxx Xxxxx Xxxxx, Xxxx Xxxxxx, XX 00000 (“Buyer”), and PACTIV LLC, a Delaware limited liability company with its headquarters at 0000 Xxxx Xxxxx Xxxxx, Xxxx Xxxxxx, XX 00000 (“Seller”). Seller and Buyer are referred to individually at times as a “Party” and collectively at times as the “Parties”.
MASTER SUPPLY AGREEMENT. On 18 November 2016, the Company also entered into the New Master Supply Agreement with CNPGC, pursuant to which the Group conditionally agreed to sell the Products to the CNPGC Group during the period from 1 January 2017 to 31 December 2019. Pursuant to the New Master Supply Agreement, the value of the Sales shall not exceed the Annual Caps of RMB800 million (equivalent to approximately HK$904 million), RMB900 million (equivalent to approximately HK$1,017 million) and RMB1,000 million (equivalent to approximately HK$1,130 million) for the three financial years ending 31 December 2017, 2018 and 2019 respectively. LISTING RULES IMPLICATIONS Sinopharm Group Hong Kong Co., Limited is interested in 1,614,313,642 Shares as at the date of this announcement, representing approximately 36.43% of the total issued share capital of the Company and is the controlling Shareholder. CNPGC indirectly wholly owns Sinopharm Group Hong Kong Co., Limited and is therefore a connected person of the Company as defined under the Listing Rules. The Purchases and the Sales constitute continuing connected transactions of the Company pursuant to Chapter 14A of the Listing Rules. As the applicable percentage ratios for the Annual Caps under each of the New Master Purchase Agreement and New Master Supply Agreement exceed 5% and the Annual Caps exceed HK$10,000,000, the Agreements and the Annual Caps are subject to the reporting, announcement and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules. The EGM will be convened by the Company at which resolutions will be proposed to seek approval from the Independent Shareholders for the Agreements and the transactions contemplated under the respective Agreements (including the Annual Caps) by way of poll. CNPGC and its associates, who were interested in 1,614,313,642 Shares as at the date of this announcement (representing approximately 36.43% of the total issued share capital of the Company), will abstain from voting on the relevant resolutions at the EGM. The Independent Board Committee has been established to advise the Independent Shareholders on the Agreements (including the Annual Caps) and the transactions contemplated under the respective Agreements. The Independent Board Committee comprises Xx. Xxxx Xxxxx, Xx. Xxx Xxxx and Xx. Xx Xxxx Xxx, all are independent non-executive Directors. The other independent non-executive Director, namely Xx. Xx Tze Xxxx Xxxxxxx, is deemed to have a material interest...
MASTER SUPPLY AGREEMENT. Date 1 January 2020 Parties Supplier : Tycoon Hong Kong, a wholly-owned subsidiary of our Company Purchaser : CR Pharmaceutical, the holding company of [REDACTED] Investor A which was/is our substantial Shareholder as at the Latest Practicable Date and upon [REDACTED].
MASTER SUPPLY AGREEMENT. The Administrative Agent shall have received a copy of the Master Supply Agreement certified by Authorized Officers of the Suppliers as a true, complete and accurate copy of its original.
MASTER SUPPLY AGREEMENT. The Borrower shall not, without the prior written consent of the Administrative Agent, (i) amend, vary, novate, supplement, supersede, waive or terminate any term of the Master Supply Agreement or any other document delivered to the Administrative Agent pursuant to Section 3.1 except to the extent that such amendment, variation, novation, supplement, superseding, waiver or termination could not have or could not, individually or in the aggregate, be reasonably expected to result in a Material Adverse Effect and the Administrative Agent has been promptly notified, (ii) agree to or permit the cancellation, suspension or termination of the Master Supply Agreement (other than termination in accordance with its terms) or (iii) sell, assign or otherwise dispose of any part of its interest in the Master Supply Agreement.
MASTER SUPPLY AGREEMENT. The Borrower or the Parent is in breach under or default of the Master Supply Agreement which breach or default has or could reasonably be expected to result in a Material Adverse Effect; or
MASTER SUPPLY AGREEMENT. A On 12 July 2019, Guangdong Xingfa and China Lesso entered into the Master Supply Agreement A pursuant to which Guangdong Xingfa Group members, as suppliers, would supply and China Lesso Group members, as purchasers, would purchase aluminium profiles and/or panels supplied by Guangdong Xingfa Group members on an on-going basis. Major terms of the Master Supply Agreement A are set out below: Date 12 July 2019 Parties Supplier(s) : Guangdong Xingfa, a wholly foreign owned enterprise established in the PRC and an indirect wholly-owned subsidiary of the Company, and its subsidiaries from time to time and for the avoidance of doubt, including Jiangxi Jingxing. Purchaser(s) : China Lesso, its subsidiaries and/or any company in the equity capital of which China Lesso and/or any of its subsidiaries taken together are directly or indirectly interested so as to exercise or control the exercise of 30% (or such other threshold as may from time to time be specified in the Takeovers Code as being the level for triggering a mandatory general offer) or more of the voting power at general meetings from time to time. China Lesso is a company incorporated in the Cayman Islands with limited liability and is interested in approximately 26.28% of the equity interest of the Company through its directly wholly-owned subsidiary as at the date of this announcement. Accordingly, China Lesso is a substantial Shareholder and a connected person of the Company under the Listing Rules. The principal business activities of China Lesso are the manufacture and sale of building materials and interior decoration products; the provision of renovation and installation works, environmental engineering and other related services, financial services and property rental and other related services.
MASTER SUPPLY AGREEMENT. Date: 15 May 2017 Parties: (1) the Company as purchaser
MASTER SUPPLY AGREEMENT. As the 2019 Master Supply Agreement will expire on 31 December 2022, Winning Tower Group (for itself and as trustee for the benefit of its subsidiaries from time to time) had, on 30 December 2022 (after trading hours), entered into the 2022 Master Supply Agreement with Winning Futures and Xxx Xxxx for the supply of certain frozen raw and processed meat products to Winning Futures and Xxx Xxxx for a term of three years from 1 January 2023 to 31 December 2025 (both days inclusive) and details of which are set out below: Date 30 December 2022 (after trading hours) Parties
MASTER SUPPLY AGREEMENT. (i) Key terms of the 2021 Master Supply Agreement The principal terms of the 2021 Master Supply Agreement are as follows:
