PRINCIPAL TERMS OF THE AGREEMENTS Sample Clauses

PRINCIPAL TERMS OF THE AGREEMENTS. Date 1 August 2017 (after trading hours) Parties Lessor: 中 聚（ 深 圳 ）融 資 租 賃 有 限 公 司 (Zhongju (Shenzhen) Financial Leasing Co., Ltd.*), an indirect wholly-owned subsidiary of the Company, which is licensed in provision of financial leasing business in the PRC Lessee: 安徽長風電纜集團有限公司 (Anhui Changfeng Cable Group Co., Ltd.*), a company based in Wuhu, Anhui Province, the PRC Subject matter The Lessor agreed to purchase certain copper wire processing equipment and cable production line equipment, being the Leased Assets, from the Lessee and following which, to lease back the Leased Assets to the Lessee, subject to the terms and conditions of the Agreements. Consideration The consideration payable by the Lessor to the Lessee for purchase of the Leased Assets is RMB100 million (equivalent to approximately HK$113 million). The purchase price shall be paid by the Lessor to the Lessee in full after the satisfaction of certain condition precedents, including, amongst others, (i) the Finance Lease Agreement having been signed and becoming effective;
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PRINCIPAL TERMS OF THE AGREEMENTS. Date 27 December 2017 (after trading hours) Parties (1) the Lessor; and
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PRINCIPAL TERMS OF THE AGREEMENTS. The following sets forth a summary of the principal terms of the Agreements: Date:
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PRINCIPAL TERMS OF THE AGREEMENTS. Date 20 July 2017 (after trading hours) Parties Lessor: 中聚(深圳)融資租賃有限公司 (Zhongju (Shenzhen) Financial Leasing Co., Ltd.*), an indirect wholly-owned subsidiary of the Company, which is licensed in provision of financial leasing business in the PRC Lessee: 菏澤神州節能環保服務有限公司 (Heze Shenzhou Environmental Services Co., Ltd.*), a company based in Heze, Shandong Province, the PRC Subject matter The Lessor agreed to purchase certain photovoltaic power station equipments, being the Leased Assets, from the Lessee and following which, to lease back the Leased Assets to the Lessee, subject to the terms and conditions of the Agreements. Consideration The consideration payable by the Lessor to the Lessee for purchase of the Leased Assets is RMB110 million (equivalent to approximately HK$124.3 million). The purchase price shall be paid by the Lessor to the Lessee in full after the satisfaction of certain condition precedents, including, amongst others, (i) the Finance Lease Agreement having been signed and becoming unconditional; and (ii) the Security Documents having been signed and becoming effective. The book value of the Leased Assets as of 30 June 2017 is approximately RMB120 million (equivalent to approximately HK$135.6 million). The Lessor plans to fund the purchase price of the Leased Assets through its internal resources. Lease period 6 years, commencing on the date when the Lessor has made payment of the purchase price for the Leased Assets. Lease payment and other fees Ownership of the Leased Assets Pursuant to the Finance Lease Agreement, during the lease period, the Lessor is entitled to receive a lease payment, to be paid in quarterly instalment throughout the lease period (in the first 6 months with only interest payment). The lease payment consists of:
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PRINCIPAL TERMS OF THE AGREEMENTS. Date 4 January 2017 Parties Lessor: Zhongju (Shenzhen) Financial Leasing Co., Ltd.*, an indirect wholly-owned subsidiary of the Company, which is licensed in provision of financial leasing business in the PRC Lessee: Zhangye Pingshan Lake Wind Power CO., LTD*, a company based in Zhangye, Gansu Province, the PRC Subject matter The Lessor agreed to purchase several wind turbine generators, being the Leased Assets, from the Lessee and following which, to lease back the Leased Assets to the Lessee, subject to the terms and conditions of the Agreements. Consideration The consideration payable by the Lessor to the Lessee for purchase of the Leased Assets is RMB100 million (equivalent to approximately HK$114 million). The purchase price shall be paid by the Lessor to the Lessee in full after the satisfaction of certain condition precedents, including, amongst others, (i) the Finance Lease Agreement having been signed and becoming unconditional; and (ii) the Security Documents having been signed and becoming effective. The book value of the Leased Assets as of 30 December 2016 is approximately RMB120 million (equivalent to approximately HK$136.8 million). The Lessor plans to fund the purchase price of the Leased Assets through its internal resources. Lease period 5 years, commencing on the date when the Lessor has made full payment of the purchase price for the Leased Assets. Leased payment and other fees Pursuant to the Finance Lease Agreement, during the lease period, the Lessor is entitled to receive a total lease payment, to be paid in quarterly installments. The total lease payment consists of:
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PRINCIPAL TERMS OF THE AGREEMENTS. 1. Piped Gas Purchase Agreement 1A and Piped Gas Purchase Agreement 1B Date: 30 June 2022 Parties: (1) Huaheng Energy, as purchaser (2) GG Renhuai, as seller in Piped Gas Purchase Agreement 1A GG Pipeline, as service provider in Piped Gas Purchase Agreement 1B Term: For the period from 1 July 2022 to 31 May 2023 Subject matter: Huaheng Energy has agreed to purchase and GG Renhuai have agreed to sell natural gas to Huaheng Energy pursuant to Piped Gas Purchase Agreement 1A, and the natural gas to be sold to Huaheng Energy will be transported via GG Pipeline’s pipelines pursuant to the Piped Gas Purchase Agreement 1B. These two agreements together constitute one transaction in respect of the sale and purchase of the natural gas, but two separate agreements are entered into which are requested by GG Group to satisfy their administrative, payment and settlement purposes only. Pricing basis: Under Piped Gas Purchase Agreement 1A, GG Renhuai shall source the natural gas to sell to Huaheng Energy and the price of the natural gas shall be the actual settlement price of the natural gas sold and charged by the immediate seller of natural gas to GG Renhuai which are normally one of the PRC state-owned companies. Under Piped Gas Purchase Agreement 1B, GG Pipeline shall charge Huaheng Energy the pipeline usage fee at the rate of RMB0.483 per cubic meter (inclusive of VAT) for the natural gas sold by GG Renhuai to Huaheng Energy, subject to adjustment as agreed between Huaheng Energy and GG Pipeline. Payment term: Actual price of the natural gas payable shall be determined weekly between each of GG Renhuai, GG Pipeline and Huaheng Energy upon verification by the relevant parties, while Huaheng Energy is required to pay the expected amount in advance. Annual cap: Proposed annual cap for the period for purchase price and pipeline usage fee of piped gas is as follows: Annual cap RMB’000 1 July 2022 to 31 May 2023 1,259,000 Basis of the annual cap: The annual cap under the Piped Gas Purchase Agreements was determined based on the estimated natural gas demand multiplied by the projected price of the natural gas and the pipeline usage fee and the following matters:
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PRINCIPAL TERMS OF THE AGREEMENTS. The Breakfast Agreement On 16 April 2010, Xx Xxxx, Triple Pass/Wang Kong and Ascott entered into a catering services agreement in respect of the Service Residence. The principal terms are as follows: Caterer: Triple Pass/Wang Kong (non wholly-owned subsidiaries of LSD) Service Residence Li Xing (a 95%-owned subsidiary of Xxx Xxxx) Owner: Service Residence Ascott (a wholly-owned subsidiary of CapitaLand) Manager: Premises: The Service Residence Scope: To serve breakfasts at a predetermined price per head to the occupants of the Service Residence Term: For the duration of the Lease Agreement which is a fixed term of 3 years from 15 May 2010 to 14 May 2013 with an option exercisable by the lessee to renew for a further term of two years and three years The Ascott Management Agreement On 5 May 2009, Xx Xxxx and Ascott entered into a management agreement in relation to the management of the Service Residence. The principal terms are as follows: Service Provider: Ascott (a wholly-owned subsidiary of CapitaLand) Service Recipient: Xx Xxxx (a 95%-owned subsidiary of Xxx Xxxx) Premises: The Service Residence Term: For an initial term of 10 years commencing on 1 May 2010, the date when the official operations and leasing activity of the Service Residence commenced and renewable for two successive terms of five years at the option of Ascott and subject to the agreement of Xx Xxxx Base Management Payable monthly and determined as follows: Fees: 2% of the Total Revenue + X% of GOP where:
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PRINCIPAL TERMS OF THE AGREEMENTS 
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Related to PRINCIPAL TERMS OF THE AGREEMENTS

  • Terms of the Agreement Each Party shall treat the terms of this Agreement as the Confidential Information of other Party, subject to the exceptions set forth in Section 7.2. Notwithstanding the foregoing, each Party acknowledges that the other Party may be obligated to file a copy of this Agreement with the SEC, either as of the Effective Date or at some point during the Term. Each Party shall be entitled to make such a required filing, provided that it requests confidential treatment of certain commercial terms and sensitive technical terms hereof to the extent such confidential treatment is reasonably available to it. In the event of any such filing, the filing Party shall provide the other Party with a copy of the Agreement marked to show provisions for which the filing Party intends to seek confidential treatment and shall reasonably consider and incorporate the other Party’s comments thereon to the extent consistent with the legal requirements governing redaction of information from material agreements that must be publicly filed. The other Party shall promptly provide any such comments.

  • Provisions of the Agreement a reference to any Clause or Schedule is, except where it is expressly stated to the contrary, a reference to such clause of, or schedule to, this Agreement. A reference in a Schedule to any paragraph is, except where it is expressly stated to the contrary, a reference to a paragraph in that Schedule;

  • Annexes to the Agreement The Annexes to this Agreement shall form an integral part thereof.

  • Copies of the Agreement The Employer and the Union desire all parties to be familiar with the provisions of this Agreement and the rights and obligations under it. For this reason, the parties shall share equally the cost of printing and distribute sufficient copies of this Agreement to all parties. Where required the parties shall co-operate in making the agreement accessible.

  • Duration of the Agreement This Agreement shall come into effect on the day and year stated in Box 4 and shall continue until the date stated in Box 17. Thereafter it shall continue until terminated by either party giving to the other notice in writing, in which event the Agreement shall terminate upon the expiration of a period of two months from the date upon which such notice was given.

  • Assignment of the Agreement This Agreement and the rights hereunder may be assigned by FirstLink to any majority-owned subsidiary of FirstLink or to an affiliate or party acquiring all or substantially all of the assets of FirstLink upon prior written consent of Owner. Such consent shall not be unreasonably withheld. Alternatively, the Agreement may be assigned by FirstLink to any FirstLink subsidiary so long as FirstLink agrees in writing that it shall remain liable for all obligations arising under this Agreement. FirstLink may also assign this Agreement to any party providing financing to FirstLink; provided that such assignment shall not relieve FirstLink from its obligations hereunder. In connection with a sale or disposition of the Properties, Owner shall request FirstLink's written consent to assign this Agreement and shall require any subsequent owner of the Properties to assume this Agreement and the rights and obligations hereunder. Subject to the foregoing, this Agreement shall be binding upon and shall inure to the benefit of the successors and assigns of the respective parties to this Agreement.

  • Amendment of the Agreement The Agreement is hereby amended as follows:

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

  • Modification of the Agreement Notwithstanding any of the provisions of this Agreement, the parties may agree to amend this Agreement. No alteration or variation of the terms of this Agreement shall be valid unless made in writing and signed by the parties hereto. No oral understanding or agreement not incorporated herein shall be binding on any of the parties hereto.

  • Status of the Agreement This Agreement shall supersede any rules, regulations, policies, resolutions or practices of the District, which shall be contrary to or inconsistent with its terms.

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