Other Financial Services. CCCC Finance will, upon requests from CCCG and its subsidiaries and based on its capacities, provide other financial services subject to the Financial Services Agreement and within its business scope to CCCG and its subsidiaries. Provision of such other financial services by CCCC Finance to CCCG and its subsidiaries is subject to a separate contract/agreement between the parties to stipulate the specific transaction terms, which shall be in accordance with the principles and terms of the Financial Services Agreement and relevant legal requirements. The Company and CCCC Finance will fulfil compliance requirements of the Hong Kong Listing Rules for other financial services in due course, including the announcement, annual review and independent shareholders’ approval requirements (if applicable). Fees charged by CCCC Finance for the provision of other financial services shall be in accordance with the rates provided by the PBOC or China Banking Regulatory Commission for such type of services. During the effective term of the Financial Services Agreement, the daily balance of loans provided by CCCC Finance to CCCG and its subsidiaries (including the interests accrued thereon) shall not exceed 75% of the average daily balance of deposits of CCCG and its subsidiaries with CCCC Finance and shall not exceed RMB2 billion. In arriving at the cap of daily loan balance above, the Board has taken into account the following factors: (i) relevant guidelines and regulations of the PBOC; and (ii) estimated financial needs for loan services. To safeguard the rights and interests of Shareholders, the Company and CCCC Finance have adopted the following internal control procedures and corporate governance measures in relation to the continuing connected transactions under the Financial Services Agreement:
(1) CCCC Finance has formulated certain internal rules and policies related to management and control of operational risk and credit risk in accordance with relevant PRC laws and regulations on financial services, with a relatively sound internal control system already in place;
(2) CCCC Finance has established a systematic corporate governance structure to ensure effective internal control, including implementation of the general manager accountability system under the leadership of its board of directors, establishment of its institutional structure based on the decision-making, execution and monitoring systems, and formulation of different work procedures and risk control...
Other Financial Services. Any Tonly Qualified Member may from time to time and in its absolute discretion request any TCL Financial Services Associates to provide Other Financial Services, including, among other things, financial advisory services, settlement advisory services, insurance agency services, agency lending and borrowings and any other services approved by relevant regulatory authority. The fees charged by TCL Financial Services Associates in respect of provision of Other Financial Services within the PRC shall not be higher than the lowest of (i) the fees promulgated by PBOC (if applicable) for relevant services from time to time; (ii) the fees charged by major commercial banks of the PRC in respect of relevant services; and (iii) the fees charged for the relevant services offered by TCL Financial Services Associates to any other members of the TCL Corporation Group (including the Group) with the same credit rating. Other terms and conditions of the Other Financial Services offered by TCL Financial Services Associates within the PRC shall not be less favorable than those offered by PBOC, major commercial banks of the PRC and by TCL Financial Services Associates to any other members of the TCL Corporation Group (including the Group) with the same credit rating for t h e r e l e v a n t s e r v i c e s a n d s h a l l b e o n n o r m a l commercial terms. The fees charged by TCL Financial Services Associates in respect of provision of Other Financial Services outside the PRC shall not be higher than the lower of (i) the fees promulgated by the major commercial banks located in the place where the relevant Tonly Qualified Member is located for relevant services; and (ii) the fees charged for the relevant services offered by TCL Financial Services Associates to any other members of the TCL Corporation Group (including the Group) with the same credit rating. Other terms and conditions of the Other Financial Services offered by TCL Financial Services Associates outside the PRC shall not be less favorable than those offered by the major commercial banks located in the place where the relevant Tonly Qualified Member is located and by TCL Financial Services Associates to any other members of the TCL Corporation Group (including the Group) with the same credit rating for the relevant services and shall be on normal commercial terms. The relevant Tonly Qualified Member determine in its absolute discretion to use Other Financing Services provided by TCL Financial Services Associat...
Other Financial Services. Provision and transfer of financial information and financial data processing and related software by suppliers of other financial services. None. Exchange market operations carried out according to the regulations issued or to be issued by the Central Bank of Chile. Only banks, juridical persons, stockbrokers and securities agents, all of which must be established in Chile as legal entities, can operate in the Formal Exchange Market. Juridical persons, stockbrokers and securities agents require prior authorisation from the Banco Central de Chile to operate in the Formal Exchange Market. Management of mortgage loans as established in Decreto con Fuerza xx Xxx N° 251, Ley de Seguros, Title V. Mortgage Loans Management Agencies must be established as corporations (sociedades anónimas) under Chilean law. For greater certainty, according to Decreto con Fuerza xx Xxx N° 251, Ley de Seguros, Title V, Article 88. Honourable Xxxxxxxxx Xxxxxx Xxxxxxx Ministry of Foreign Affairs Xxxxxxxx 000 Xxxxxxxx Chile Dear Minister Foxley In connection with the signing on this date of the Australia – Chile Free Trade Agreement (the “Agreement”), I have the honour to confirm the following understanding reached by the Governments of Australia and the Republic of Chile during the course of the negotiation of the Agreement. Australia and Chile shall negotiate a memorandum of understanding (MoU) affirming that Chile recognises that the Australian Meat Industry Classification System (AUS-MEAT Language) meets the aims and objectives of the Chile Beef Grading Scheme. Moreover, this MoU will formalise Chile’s recognition of the AUS-MEAT language, and AUS-MEAT Limited as the certifying body of this system, to grade beef for the purpose of marketing beef in Chile. This MoU shall be negotiated within one year of the Agreement entering into force. I have the honour to propose that this letter and your letter in reply confirming that your Government shares this understanding shall constitute an integral part of the Agreement. Yours sincerely [signed] Xxxxx Xxxxx Minister for Trade The Honourable Xxxxx Xxxxx MP Minister for Trade Xxxxxxxxxx Xxxxx Xxxxxxxx XXX 0000 Dear Minister Xxxxx I have the honour to acknowledge receipt of your letter of this date, which reads as follows: “In connection with the signing on this date of the Australia – Chile Free Trade Agreement (the “Agreement”) I have the honour to confirm the following understanding reached by the Governments of Australia and the Republ...
Other Financial Services. Block Services agrees to consult with Tax Masters regarding financial products and services created by Block Services or Tax Masters or their Affiliates that may be offered through Block Services' company-owned tax offices. In the event Block Services determines to introduce a financial product or service provided by a third party (other than a direct or indirect subsidiary of H&R Block, Inc.) through company-owned tax offices (a "Third-Party Product"), Block Services agrees to consult with Tax Masters regarding such Third-Party Product and negotiate in good faith with Tax Masters (or an Affiliate of Tax Masters) for Tax Masters (or such Affiliate or the RAL Originator designated by Tax Masters) to offer and provide such Third-Party Product through Block Services' company-owned tax offices. Notwithstanding the foregoing sentence, this Section 8.12 shall not apply to any Third-Party Product with respect to which (i) Block Services (or its Affiliates) are conducting discussions within the six (6) month period ending on the date of this Agreement or (ii) a third party approached Block Services or its Affiliates and initiated discussions concerning such Third-Party Product subject to the terms of a confidentiality agreement between Block Services (or its Affiliates) and such third party; provided that, to the extent permitted by any applicable confidentiality agreement (as determined by Block Services (or its Affiliates) in its or their sole discretion), Block Services will consult with Tax Masters (or its Affiliates) regarding such Third-Party Product.
Other Financial Services. Before the Group enters into any individual agreement(s) with Sinochem Finance, the finance department of the Company will obtain quotes from independent financial institutions for similar financial services. Such quotes, together with the offer from Sinochem Finance, will be reviewed by the general manager of the finance department of the Company to make sure that the fees charged by Sinochem Finance will be no less favourable than the fees charged by independent financial institutions for comparable services. The Company will report to the independent non-executive Directors every six months on the abovementioned agreement(s) entered into with Sinochem Finance together with information on the comparable offers obtained from independent commercial banks or financial institutions and any changes in the credit ratings of Sinochem Finance during the preceding six-month period. The Board considers that the above internal control procedures and corporate governance measures adopted by the Company concerning the continuing connected transactions with Sinochem Finance are appropriate and sufficient.
Other Financial Services. (i) the service fees to be charged by GDH Finance in respect of the Other Financial Services (save for the Electronic Bills of Exchange Payment Services) shall be in compliance with the relevant standard service fee scales as prescribed by the People’s Bank of China or China Banking and Insurance Regulatory Commission (whichever is lower). The relevant service fees shall not be higher than the service fees for similar type of services which are obtainable by the relevant member(s) of the Group from other financial institutions (including major commercial banks) in the PRC, and shall be determined with reference to the standard service fees and rates charged by GDH Finance; and
(ii) for the Electronic Bills of Exchange Payment Services, no service fee will be charged by GDH Finance. Pursuant to the Financial Services Framework Agreement, the member(s) of the Group and GDH Finance will enter into Specific Agreements (as applicable) for the provision of the Financial Services, which set out the detailed terms for the relevant transactions contemplated under the Financial Services Framework Agreement and are, in the ordinary and usual course of business, after arm’s length negotiation, on normal commercial terms or better and on terms which are no less favourable than those offered by independent third parties to the Group. The Specific Agreements shall conform with the principles and provisions set out in the Financial Services Framework Agreement and shall be in compliance with the Listing Rules. If there is any conflict between any provision of the Specific Agreement and the relevant provision(s) of the Financial Services Framework Agreement, such provision(s) of the Specific Agreement shall be invalidated and the relevant provision(s) of the Financial Service Framework Agreement shall prevail.
Other Financial Services. (1) Chengtong Finance shall provide the Group with other financial services as approved by the CBRC upon the request of the Group.
(2) The fee charged by Xxxxxxxxx Finance for such other financial services shall not be higher than the fees charged by other major financial institutions for financial services of the same type.
Other Financial Services. In respect of the Other Financial Services to be provided by Datang Finance to the Group, each of the percentage ratio(s) is below the de minimis threshold set out in Rule 14A.76 of the Listing Rules, therefore the provision of the Other Financial Services by Datang Finance to the Group is exempt from the reporting, announcement and independent shareholders’ approval requirements of the Listing Rules. The Company will comply with the reporting, announcement and independent shareholders’ approval requirements of the Listing Rules, where applicable, if the transaction amount of the Other Financial Services to be provided by Datang Finance to the Group exceeds the de minimis threshold stipulated in Rule 14A.76 of the Listing Rules.
Other Financial Services. As the highest applicable percentage ratio (as defined in Rule 14.07 of the Listing Rules) in respect of the Service Fee Cap payable by the Group to Shougang Finance Company during the Term for Other Financial Services exceeds 0.1% but is less than 5%, the provision of Other Financial Services by Shougang Finance Company to the Group under the Financial Services Framework Agreement is subject to the reporting, announcement and annual review requirements but is exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Other Financial Services. The internal control measures on the determination of service fees for the Other Financial Services are as follows:
1. Before entering into any separate service agreement with Shougang Finance, the Group will obtain and review the service fees and terms for the same type of financial services quoted by at least three other domestic or overseas financial institutions.
2. The Group will enter into separate service agreement(s) with Shougang Finance as and when necessary to ensure that the service fees of the Other Financial Services will be no less favourable to the Group than the service fees for the same type of financial services quoted by the other domestic or overseas financial institutions. The internal control measures on monitoring the proposed Service Fee Cap in relation to the Other Financial Services are as follows:
1. The finance department of the Company shall monitor aggregate amount of continuing connected transactions relating to the Other Financial Services from time to time. In the event that the service fees incurred and to be incurred in respect of the Other Financial Services are expected to reach the Service Fee Cap, the finance department of the Company will follow up forthwith by reporting and proposing a response to the management of the Company, and in case that an amendment to the Service Fee Cap is required, report particulars to the Board and hold a Board meeting for considering the matters in relation thereto to ensure compliance with the requirements under the Listing Rules.
2. The independent non-executive Directors and auditor of the Company will conduct an annual review with respect to the continuing connected transactions conducted by the Group throughout the preceding financial year (including the transactions relating to the Other Financial Services) and will provide annual confirmations pursuant to the requirements under the Listing Rules to ensure that the continuing connected transactions (including the transactions relating to the Other Financial Services) are in accordance with the terms of the Financial Services Framework Agreement and other relevant agreements governing such transactions, on normal commercial terms, fair and reasonable, and in accordance with the pricing policies and the proposed Service Fee Cap.
