Operation Agreement. Date Parties
Operation Agreement. The Company and the Original GridAmerica Companies are parties to the Operation Agreement pursuant to which the Company will, commencing on the Transmission Service Date, exercise Functional Control over the Transmission Facilities of the Original GridAmerica Companies, subject to and in accordance with the terms and provisions of the Operation Agreement. The Managing Member shall be entitled from time to time after the Effective Date to cause the Company to amend, modify or otherwise supplement the Operation Agreement, in accordance with Section 6.14 and in accordance with its terms, to allow the Company to exercise Functional Control over the Transmission Facilities of NDTOs that are not Original GridAmerica Companies if the NDTO over whose assets the Company would acquire Functional Control satisfies the requirements set forth in such Section 6.14.
Operation Agreement. Subsection 3.1 is amended by deleting “the portion of the area covered by the coal leases in which Idaho and Pacific hold undivided interests pursuant to Section 5 of the Ownership Agreement” and “the Coal Supply System”.
Operation Agreement. As disclosed in the Circular and the Announcement, as a result of the Company’s acquisition of the Target Group from CMSK (formerly known as CMPD), a project owned by CMSK (formerly known as CMPD), namely, Evian International in Foshan will continue to be owned and controlled by CMSK after completion of the acquisition. The Company and CMSK (formerly known as CMPD) entered into the 2013 Operation Agreement pursuant to which the Group will operate and manage the Operation Transitional Projects, namely, Evian International until its completion and sale. This Operation Transitional Project will continue to be owned by CMSK Group and the revenue derived from them will belong to CMSK Group. The Operation Transitional Project is expected to be completed and sold by CMSK. During the period before they are completed and sold, but subject to the fixed term of the 2016 Operation Agreement, they have been operated and managed by the Group for a fee, and upon the expiry of the term of the 2016 Operation Agreement, the Group and CMSK intend that the projects will continue to be operated and managed by the Group for a fee. Therefore, the Company and CMSK have entered into the Operation Agreement to set out the terms of such transactions. As disclosed in the Circular and the Announcement, in the ordinary and usual course of business of the Group’s PRC operating subsidiaries, based on the terms and conditions of the Existing Property Management Master Agreement, they have entered into individual property management agreements from time to time with Merchants Property Management. Pursuant to the individual property management agreements, Merchants Property Management provides property management services to the Group’s PRC operating subsidiaries on a non-exclusive basis. The parties have agreed that Merchants Property Management will continue to provide property management services to the Group’s PRC operating subsidiaries after the expiry of the 2016 Property Management Master Agreement on 31 December 2018. Therefore, the parties have entered into the Property Management Master Agreement to set out the terms of the transactions. The terms of each of the Operation Agreement and the Property Management Master Agreement have been arrived at after arm’s length negotiations between the relevant parties. The Directors (including the independent non-executive Directors) have confirmed that the terms of each of the Operation Agreement and the Property Management Master Agreement ...
Operation Agreement. The Company and the Vendor shall have entered into an operation agreement in form and content satisfactory to the Vendor (the "Operation Agreement").
Operation Agreement. On 4 April 2018, JV Co A and JV Co B entered into another co-operation agreement, the Further Co-operation Agreement, with the New Co-organiser (i.e. the same co-orangiser under the New Co-operation Agreement) whereby the New Co-organiser agreed to organise the relocation and preparation work of the Fifth Land Parcel, with a site area of approximately 46,690 square metres for public auction purpose, and for delivery to the JV Companies at a consideration of approximately RMB945 million (approximately HK$1,172.93 million), which includes the fees payable to the local government authority in the PRC for the acquisition of the land use rights . By virtue of the 50:50 shareholding of the Joint Partners in JV Co A and JV Co B, each of the Joint Partners will bear 50% of the consideration payable under the Further Co-operation Agreement. Together with all the land parcels that have already been delivered to the JV Companies, the aggregate site area of the land parcels acquired and to be acquired and arranged by the New Co-organiser under the New Co-operation Agreement and the Further Co-operation Agreement in relation to the development of the Project will be approximately 424,676 square metres, and the aggregate consideration paid or payable by the JV Companies will be approximately RMB3,491 million (approximately HK$4,333.03 million), 50% of which have been or will be borned by each of the JV Partners.
Operation Agreement. Global Inc. acknowledges that AWC operates the water distribution system used to provide water service to the customers of CP for and on behalf of CP pursuant to the Operation Agreement and Letter Amendment. Specifically, AWC sells water to CP pursuant to the terms and conditions of AWC’s tariffs for its Casa Grande operating system, reads meters, prepares and computes monthly water bills according to CP’s tariff as approved by and filed with the ACC, mails bills to customers, pays postage, endeavors to collect payments due from customers, provides labor and materials required to operate and maintain CP’s water distribution system and repair damages to it, and designates AWC’s Casa Grande office as the location where the customers of CP may come regularly to pay their bills. Global Inc. further acknowledges that AWC serves as the certified operator for CP.
Operation Agreement. Except as contemplated by this Contribution Agreement, the Operation Agreement or the Management Fee Agreement or with the prior written consent of the Sellers’ Representative, between the date of this Contribution Agreement and the earlier to occur of the Closing Date or the termination of this Contribution Agreement, BCEC, BCEOC and BCER covenant and agree with the HEC Members to (a) operate HEC’s assets in the ordinary course of business pursuant to the Operation Agreement and the Management Fee Agreement, (b) use all commercially reasonable efforts consistent therewith to preserve intact HEC’s properties, assets and business organization and to maintain satisfactory relationships with customers, suppliers, distributors and others having commercially beneficial business relationships with HEC and (c) not take any of the actions set forth in Section 6.1(a) through (e).
Operation Agreement. On 18th May at a Press Conference in City Hall, with the Mayor of London, Xxx Xxxxxxxxxxx, President Xxxx Xxxxxx said: “Venezuelan oil: we have the largest reserve of oil in the whole planet, more than 300 thousand million barrels of oil there, that we want to share with other peoples; but not just to benefit only the elite as we had in Venezuela or other parts of the world – but everybody. Co-operation between us has started already, of course, politically, socially, it has started. However, with this visit, we are hoping to deepen this, not only in the matter of energy. I’m talking about a very integral type of co-operation. For example, traffic, public transport in Caracas. Then the environment, the protection of the environment. What happens with all the waste? How is it managed? These are just a few examples. The whole system of transportation, public security and safety. As I was explaining to my friend , I have lived for a few years in Caracas, and it is very painful to see what happens there. Just like in many other capital cities of Latin America, Caracas suffered the consequences of a lack of a model. The growth of the city was not planned, the flight of so many millions of people from the countryside to the city. And this is how Caracas was created: a huge city where there is a small group of very rich people and then another Caracas where there is a huge majority very poor people. So one of my dreams and aspirations, as I was saying to Xxx Xxxxxxxxxxx, is to transform - together with the people of Caracas, and the Mayor of Caracas - to be able to transform the city. Of course, is something that will require a great effort and vast knowledge; and the City Hall of London has a lot of experience and also the good will and this is something in Caracas that we are grateful for. We are talking about joint co-operation, opening a certain amount of possibilities and opportunities.” Subsequently an agreement was reached (attached) which provides TfL with discounted oil for use in the bus fleet, the benefits of which are passed on to people on Income Support that receive cheaper travel. Language: Spanish Religion(s): Roman Catholic Currency: Bolivar GDP: US$ 99.5 billion (2004) Venezuela is a country of vast economic potential. The petroleum sector dominates the economy, accounting for 50% of central government revenue and 70% of exports. Venezuela's current account is well in surplus. Central bank reserves stand at over 24.8 billion USD (March 2004). De...
Operation Agreement. Date: 27 April 2018 Parties: (i) CTV Media (Shanghai)
