PRINCIPAL TERMS OF THE AGREEMENT. Date 7 February 2017 Parties
PRINCIPAL TERMS OF THE AGREEMENT. 5.1 Conditional subscription of shares in the Company Notwithstanding anything else in the Agreement, the parties thereto acknowledge and agree that the Lender's right to subscribe for the Subscription Shares, whether conditional or otherwise, does not take effect unless and until trading of the Company's shares on the Catalist is resumed. In the event that trading of the Company's shares on the Catalist is not resumed on or before the first anniversary of the Payment Date (the "Long-Stop Date"), each Agreement shall terminate with effect from the Long-Stop Date and shall be of no further effect and no party thereto shall be under any liability to the other in respect of the Agreement save that the Company shall remain liable for the repayment of the Advances and all accrued interest thereon.
PRINCIPAL TERMS OF THE AGREEMENT. Pursuant to the Agreement, the Group will provide full-fledge business support to Tianjin Ihome, including procuring both software and hardware products related to self-services lottery terminals, access to relevant knowledge and business information, in addition to system and operational training. The Group will provide Tianjin Ihome various lottery business solutions and self-service terminals within the realms of the regulatory framework and fulfilling requirements as set out by Tianjin Ihome. In order to enable both parties to enhance their brand image and presence, the parties have also agreed to collaborate in promotional and marketing programmes that will better utilize both parties’ resources.
PRINCIPAL TERMS OF THE AGREEMENT. Pursuant to the Agreement, the Group shall provide the out-of-home (“OOH”) advertising and information services on LED display panels and an electronic coupon distribution system and physical lottery ticket redemption services, Xxx Xxx (“搖彩”), throughout lottery stores in Gansu province under the jurisdiction of Gansu Sports Lottery Administration Centre. The Company has been authorised to install LED panels, our proprietary Bluetooth Low Energy (“BLE”) enabled hardware and operate Xxx Xxx (“搖彩”). The Agreement is the second contract which the Group has entered into for the provision of the interactive in-store marketing technology solution and Xxx Xxx (“搖彩”) services in the PRC.
PRINCIPAL TERMS OF THE AGREEMENT. 2.1 Under the Agreement:
PRINCIPAL TERMS OF THE AGREEMENT. Set out below is a summary of the principal terms of the Agreement:
PRINCIPAL TERMS OF THE AGREEMENT. License The Company will grant Essex a license under the relevant intellectual property rights in relation to the Licensed Product (a) to use and reference the dossier for any purpose, including filing marketing authorisation applications and obtaining and maintaining marketing approvals in Essex’s name, related to the Licensed Product in the Field in the Territory, and (b) for the regulatory development, manufacturing and commercialization the Licensed Product under one or more of Essex’s trademarks in the Field in the Territory.
PRINCIPAL TERMS OF THE AGREEMENT. 2.1 The principal terms of the Agreement are as follows : Product : P80 Longan Health Essence Owner : PM Group Distributor : Company Effective Date and Term The Agreement shall commence on date of execution of the Agreement (the “Effective Date”) and shall continue in full force and effect until 31 August 2037 (the “Term”). In addition, the Agreement sets out procedures to be adopted for the extension of the Agreement, as well as provisions for the termination of the Agreement upon breach. One of such provision provides the right to the PM Group to forfeit the Deposit in the event of failure by the Company to purchase the Product from the PM Group at the minimum purchase amount specified in the Agreement. Termination of the Agreement would not affect the liability of the Company to pay for outstanding invoices and/or Products ordered but not invoiced (the “Outstanding Invoices”). Territory : People’s Republic of China and Hong Kong Marketing Rights : Sole and exclusive distributor of the Product in the Territory Conditions The Company’s purchase of the Product from Precedent PM Group pursuant to the Agreement shall be subject to the following conditions (“Conditions Precedent”):
PRINCIPAL TERMS OF THE AGREEMENT. The principal terms of the Music Copyright Licensing Cooperation Framework Agreement are set out below: Date December 16, 2020 Parties (i) Company (on behalf of the Group); and
